${site.data.firmName}${SEMFirmNameAlt}
Throughout Southern California
310-324-9403
Toll-Free
866-402-1805
View Our Practice Areas

Pointers for Avoiding Family Estate Feuds

6a017d3e6b2617970c019102fba557970c-320wi.jpgFamily litigation occurs not from a lack of trying to solve the issue, but from a lack of planning.

When you begin planning for your estate, you are planning for your family. This very accurate statement hides a double meaning. Obviously, it means "planning for your family" (i.e., ensuring your family's well-being financially) and, more subtly "planning for your family" (i.e., ensuring your family's well-being relationally).

You see, family infighting is a very real and present danger, even within families that are otherwise loving and respectful. Death and the resulting inheritance are fraught with emotional danger. How do you plan to avoid the family feud?

Families are simply too complex to offer any silver bullet suggestions (each family is the sum total of each family member's hopes, dreams, anxieties, and often petty obsessions). However, estate planning attorneys have ways to prevent estate litigation.

Each attorney may have his or her own choice list of tactics. However, WealthManagement.com published a list worth consideration in an article titled "Avoiding Family Conflicts During Estate Planning."

The original article is worth reading, but here is the list of bullet points in summary:

  • Overcome the Concept of Fairness
  • Transfer Assets Based on a Natural Flow
  • Protect Family Assets
  • Make Major Decisions with Every Family Member in the Room
  • · Do Not Wait for the Original Founder of the Family Business, or a Parent, to Pass Away
  • · Evaluate What You Can and Can't Afford to Transfer
  • · Treat Estate Planning as an Ongoing Process
  • · Pick the Right Professional Advisor

It's worth reading through the list and a few more like it.

What does your family need and how will you plan "for your family" to head off squabbles, infighting, or outright litigation?

No Comments

Leave a comment
Comment Information
Email Us For A Response

Find Out The Difference That Experience And Expertise Makes

Get the peace of mind that you deserve. First, attend a seminar. This will entitle you to a free initial consultation and a discounted estate planning fee. To learn more about our services or sign up for a seminar, contact us online or call us at 866-402-1805. We have offices in Torrance, Orange, Newport Beach, Pasadena and Woodland Hills.

Questions? Contact Us.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Call Now For A Free Consultation: 866-402-1805
  • ${site.data.firmName}${SEMFirmNameAlt}
  • Main Office: Torrance

    Torrance Office
    990 West 190th Street
    Suite 500
    Torrance, CA 90502

    Toll Free: 866-402-1805
    Map & Directions

    Orange Office
    333 City Boulevard West
    17th Floor
    Orange, CA 92660

    Toll Free: 866-402-1805
    Map & Directions

    Newport Beach Office
    5000 Birch Street
    Suite 8000
    Newport Beach, CA 92660

    Toll Free: 866-402-1805
    Map & Directions

    Pasadena Office
    790 East Colorado Boulevard
    9th Floor
    Pasadena, CA 91101

    Toll Free: 866-402-1805
    Map & Directions

    Woodland Hills Office
    5850 Canoga Avenue
    4th Floor
    Woodland Hills, CA 91367

    Toll Free: 866-402-1805
    Map & Directions

    Office map
Check out The Law Firm of Kavesh, Minor & Otis on Yelp
Check out Kavesh Minor & Otis on Yelp
Check out The Law Firm of Kavesh, Minor & Otis - Orange on Yelp
Check out The Law Firm of Kavesh Minor & Otis - Pasadena on Yelp