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Joint Ownership can be very Dangerous

By Charles Penzien We often have clients ask about whether or not it is a good idea to hold real estate with their children. People sometimes believe that placing their children’s names on their homes or other real estate can take the place of more established estate...
How can you resolve an inheritance dispute?

How can you resolve an inheritance dispute?

Even with proper estate planning, disagreements can occur. In these cases, follow these best practices: Hire a mediator This neutral third party can help family members productively work through differences and typically costs less than a legal battle. Liquidate all...
How to avoid inheritance disputes

How to avoid inheritance disputes

Inheritance disputes can be time-consuming, expensive, and emotionally taxing on the surviving family. Fortunately, proper estate planning can help reduce and even prevent disputes from happening. How to avoid inheritance disputes Talk openly and honestly with family...
6 big causes of inheritance disputes

6 big causes of inheritance disputes

Several factors can lead to inheritance disputes, including: When there’s an inequality in the will An inheritance dispute can occur if a family member wasn’t included in the will or felt another member was favored over the others. This often happens among siblings if...
What are inheritance disputes?

What are inheritance disputes?

An inheritance dispute occurs when the beneficiaries of a will disagree about how the person’s estate should be divided. How long does an heir have to claim their inheritance? The executor or trustee of the estate is responsible for informing beneficiaries of their...
How to get a will

How to get a will

In this section, we’ll cover everything you need to know about obtaining a living will yourself. Where can I get a will? Depending on the state of your affairs, you may decide to DIY it or hire an estate planning attorney. If you can DIY it, check with your state’s...