There are a number of legitimate reasons that one or several people may want to challenge a will, and each comes with its own set of hurdles to clear. In general, challenging a will is not a simple matter and is not to be undertaken casually. Almost all wills end up passing through probate just fine, with only about 1 percent being challenged. However, if you believe that a certain person's will is invalid, there are grounds on which it can be challenged. One of the most common grounds for challenging a will is bringing into question the testator's ability to have written the will.
One of the most important aspects of creating a will is making your end-of-life wishes known and preparing for the worst before you are legally barred from making some decisions. Whether you are creating a will for the first time, or simply updating an extant will, you should make sure that you have clearly conveyed your wishes and assigned any necessary privileges while you still can.
You'll be hard-pressed to find anyone who enjoys the thought of drafting a last will and testament, as contemplating one's own mortality is hardly pleasant. Still, doing so will not only ensure that your heirs receive what you want them to get from your estate after your death, but it should also give you some peace of mind.
Let's face it. Estate planning is rarely a favorite topic of discussion. It deals with death and money, and most people would rather wait until later. This attitude leads to some common misconceptions and myths when it comes to planning for the future, including after you pass away.
Recently, we explored the issue of dealing with a lost will, which can be most easily remedied by drafting a new one. However, there are many reasons why a person may choose to change one's will. If you find that one or more of these areas applies to you, you may want to consider making this important update in California.
No one wants to die without a will, leaving one's family to sort through the details and contend with probate, but sometimes even those who have made a will at one time may find themselves facing some of those possibilities. If you have made a will and can no longer find the original document, or if you believe the attorney who was keeping the document no longer has it, some of these remedies may help.
During a divorce, your attention is on things like alimony, custody, child support and property division. You're wondering what will happen to your marital home and vacation property, where the kids will live, and other challenges that come with the dissolution of a high asset marriage.
When it comes to making end-of-life arrangements, many individuals desire to make a gift of their physical body to scientific research. This noble gesture is an excellent choice for those wish to make it part of their legacy, but it does require some forethought and planning.
When determining how to divide unwieldy family assets such as real estate among several heirs, there are many opportunities for emotions to run high and relationships to become strained. It is safe to assume that no testator would want the legacy of his or her last will and testament to lead to his or her loved ones engaged in a protracted battle over how exactly to split up some Earthly belongings.
When crafting your will, one essential component to consider is the importance of naming your beneficiaries specifically. It may seem like an obvious part of the will-creation process, but many people do not have an understanding of the potential consequences of leaving vague or incomplete instructions as to who specifically will be your beneficiaries, and in what capacity.