It is a common occurrence for people to contest the wills and estates of their family members or others they know throughout life. Why would someone contest a will? For starters, they believe that the people named in the will should not be getting what they are getting or shouldn’t be named at all in the will. You can prevent your will from being contested by following the tips outlined in today’s post.
A great way to prevent someone from contesting your will is to refrain from flaunting the value of your estate. This means that you shouldn’t discuss it with a lot of people. You shouldn’t keep it hidden either. Your spouse and adult children should know what is going to happen upon your death, but bragging about the size of your estate can only lead to problems.
You can add a no-contest clause to your estate plan. This is a clause that says any person who files a lawsuit against the estate to contest it will not receive any assets from the estate if they were so named in it. This is just about the most surefire way to prevent your will from being contested.
Put your trust in the creation of a trust. A revocable living trust is a great way to prevent people from contesting your will. This is a private document that you can change and revoke at any point. The trust can govern just about every part of your life too.
Now that you know how to prevent your will from facing contention, you can ensure that it is protected when you are gone. Have an attorney review the will and add any clauses necessary to prevent contention from family members or friends.