Estate Litigation Expertise- Ensures Fair Distribution of Property

Estate Litigation

It is a bitter reality of life that litigation does arise between family members over generations. Even families get separated if they find disagreements over a parent's last wish. To avoid such situations it would be best if you can develop a strong estate plan by an estate litigation expertise. He/she can help to get best plan or a will that is defined with your final fishes.  

There are several ways that can help you avoid lawsuits over your property after you pass. Some of them are:

1) Equal division of Assets: The things that impacts estate litigation greatly is treating siblings differently. You can use simple thumb rule for equal division for example if you have two children then each one should get half. Don't favor one child and leave other untreated. If you are disinheriting any child, you must ask your estate litigation attorney to mention that in legal documents.

2) Specify what to whom: If you want to be specific in division of your property, make sure you stated that very clearly to your lawyer. Take this step when you are of sound mind so that you can answer your slighted child about not so equal divisions. It can be simplified by making a list of things and specifying who will get what.

3) Maintained Record of loans: If you will pass on loan to your child without giving them sufficient information will result into a disaster. Keep a maintained record of loans. Whatever is the term and conditions specify in advance to your family members with detailed information.

4) Transfer Assets on trusts or contracts: when contract dealing comes when there is an issue of family business. You have an option to draw your contract and sell the business when you want to leave your business. You can consult a trust and estate litigation lawyer for transferring your assets. There is a perfect choice available to you for transferring your funds and that is trusts if you want to transfer a true property to a child or heir.

5) Give a Proof of sound mind: The biggest argument in estate litigation is that the parent who has defined property division is in the sound mind condition or not. Only you can put an end to this argument by consulting a doctor and get a signed affidavit that you are perfectly sounded when you announced the will.

If you are sure that your heir will challenge your wishes, than ask your him/her to work with an estate litigation attorney who has expertise in wills and estate litigation, so that you can design a will that fulfill your last wishes.