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Pennsylvania Estate Planning Blog

Thursday, February 14, 2013

Watch Out For Will Contests and Estate Challenges!

 

Reasons for Conflicts with Your Estate - Make sure you see an attorney to help ensure there will not be any possible will challenges or conflicts with your estate! Here are ten reasons why conflicts often occur:

1.     Your will is unclear, ambiguous and not written properly.

2.     You don’t have a will at all or it has not been updated recently.

3.     Your Power of Attorney was poorly written, you have a bad agent and/or the powers are abused by the agent.

4.     You do not communicate with your family despite knowing there is a potential or current conflict in the family.

5.     You fail to explain the reasoning for choosing one child as Executor, or explain other major decisions you have made.

6.     You make unequal distributions to children without any explanation to them.

7.     Your new will and previous will(s) contradict each other.

8.     Your will is written while you are incompetent.

9.     If you want to disinherit a child, the disinheritance clause isn’t clear or doesn’t exist in your will.

10. There are conflicts in a trust between current beneficiaries (how much they can spend) and what’s left for the contingent beneficiaries (the ones who get what’s left). Clear rules need to be written into the trust to make sure that does not happen.


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The Law Offices of Jeremy A. Wechsler assist clients with Estate Planning, Wills, Trusts, Asset Protection, Special Needs Planning, Powers of Attorney, Will Challenges and Probate/Estate Administration in Willow Grove, PA as well as Abington, Hatboro, Dresher, Horsham, Bryn Athyn, Huntingdon Valley, Fort Washington, Jenkintown, Glenside, Oreland, Warminister, Wyncote, Ambler, Elkins Park, Flourtown, Philadelphia, Warrington, Cheltenham, Gwynedd Valley, Jamison, Feasterville Trevose, Richboro, North Wales, Blue Bell, Lafayette Hill, King of Prussia, Collegeville, Oaks, Phoenixville, Oxford Valley, Langhorne, Penndel, Bristol, Fairless Hills, Bensalem Plymouth Meeting and Furlong in Philadelphia County, Bucks County and Montgomery County.



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