Estate planning helps make sure your loved ones will be provided for after your death. Unfortunately, conflict often arises when it’s time for an estate to be administered. This can damage familial relationships, as well as result in high costs and long delays during the probate process. The best way to keep controversy from plaguing a family is to create a well-thought-out plan. This is why many residents in West Hartford, CT, seek counsel from the estate planning attorneys at Keily Mira Law. They understand how to put together a solid plan that will stand up in court. Below, they go over a few steps you can take to prevent or minimize the risk of inheritance disputes taking place within your family.
How to Keep Probate & Trust Disputes From Arising
1. Make Sure Your Will Is Properly Executed
Each state has certain regulations that must be followed when drafting a will. To make sure the court deems your document legally valid, you must contact an estate planning attorney and go through the proper execution procedure. Failing to do so will make it much easier for your final wishes to be contested.
2. Be as Detailed as Possible With Your Final Wishes
When you sit down with your estate planning attorney, be as detailed as possible about your final wishes and how you want them carried out. Be clear about who your beneficiaries are, how your assets should be distributed, who you want appointed guardian of your minor children, and who you’re naming as the executor of your estate. These are all matters that can be challenged if your instructions aren’t definitive.
3. Select the Right Fiduciary
Another reason estate conflicts frequently happen is due to a breach of fiduciary duty. This refers to an executor, trustee, or power of attorney who neglects to perform their fiduciary duties correctly. Select someone you trust to fulfill this role so family members won’t question their ability to carry out their responsibilities.
Probate and trust disputes can be expensive and time-consuming to figure out. The estate planning attorneys at Keily Mira Law can help you avoid these problems by making sure your plan is free of errors. They know how to anticipate potential issues that may cause discord in a family and eliminate them before a disagreement ensues. Call (860) 251-9552, or visit their website to learn more. You can also follow them on Facebook for more valuable information.