To make sure that your assets are eventually distributed in the manner that you see fit, you must make the necessary adjustments along the way while making sure that your estate plan is professionally prepared by a truly experienced professional. We often see cases that are held up in court for years because individuals did not plan ahead with the proper degree of foresight.
In many instances, when people are disinherited they are not going to simply stand idly by with their disappointment. If they feel that they have a case to contest the disinheritance, they will make that case, and their likelihood of success will diminish considerably if you have anticipated this resistance in advance.
Think back to the dispute between the late Anna Nicole Smith and the Marshall family and you will see an example of imprecise or incomplete planning resulting in an enormous mess. That case was finally settled by the Supreme Court in 2011 after raging on for around 15 years.
You must revisit your estate plan when you get remarried, and either make adjustments or clearly assert your desire to keep things exactly as they were before you were married. If you leave things open to interpretation, anything can happen.
Your legacy vision can become a reality if you engage the proper professional expertise and make the necessary revisions as life changes take place. If you are not currently represented, right now would be a good time to set up an appointment to speak with a licensed and highly experienced San Jose estate planning lawyer.
- Act in Advance to Prevent a Conservatorship - April 27, 2021
- Beneficiary Designations and the SECURE Act: Prior Designations - April 20, 2021
- Beneficiary Designations and the SECURE Act: Eligible Designated Beneficiaries - April 16, 2021