Truth be told, the best way to avoid litigation, or even mediation, is to carefully structure your estate plan from the outset. Likely you know the “players” all too well. For example, which of the in-laws are most likely to become the outlaws? Are there any heirs who may be more likely to lose their inheritance to squandering, divorces, lawsuits and bankruptcies?
As you can see, there is much to consider when constructing your estate plan. Make sure you engage competent legal counsel early in the process. Likely she or he has “seen it all” and can help you skirt the minefields.
For more information, please visit my estate planning website.
