We live in a country that provides people with legal recourse, and because of this legally binding documents must be completely sound.
This certainly enters into the field of estate planning, and it is one of the reasons why you would do well to look elsewhere when you see websites offering generic template do-it-yourself estate planning documents.
You have to ask yourself how your wishes will be received when you are planning your estate. If you are like most people you certainly want your selected heirs to receive their inheritances in a timely and efficient manner. And of course you also want to be able to proceed exactly as you see fit when you are deciding how you would like your resources distributed.
Yet, there can be interested parties who may not be especially pleased with your decisions. It is not uncommon for estate challenges to take place under such circumstances, and if you leave any openings these challenges could actually succeed. At best the court proceedings will stall everything and your heirs will not receive their inheritances until the case has been resolved.
Cases such as the late Anna Nicole Smith’s battle with the Marshall family demonstrate just how long things can remain in legal limbo. That case carried on for some 15 years before resolution in 2011.
If you tap into the correct brand of legal expertise you should be able to create an ironclad estate plan that stands up to potential challenges. If you are interested in discussing your unique situation with an experienced professional, simply take a moment to arrange for a consultation with a good South Carolina estate planning lawyer.
- Preparing for Coronavirus - March 10, 2020
- Incapacity Planning - December 20, 2018
- Special Accounts for People with Special Needs - December 17, 2018
