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trust & estate litigation matters Archives

Key points to consider that may help reduce estate litigation

Even though it may be an unpleasant task, contemplating one's demise is a human tendency. However, making plans for what happens to one's estate after he or she is gone could ease some anxieties while also possibly forestalling estate litigation by disgruntled family members or other interested parties. New York residents may benefit from reviewing their current plans or taking steps to ensure their wishes are met if they have not done so already.

There are ways to help lessen chances of estate litigation

While no one likes to ponder his or her own demise, there are times when careful consideration can save heartache and money for those loved ones left behind. While even the most careful plans cannot prevent all estate litigation attempts, having detailed documents in place can go a long way toward preserving one's legacy. Like every state, New York has laws in place that can help one plan effectively to avoid the probate process.

Estate litigation between Tolkien and Warner Bros finally settled

Fans of the Lord of the Rings movies may have reason to rejoice in the days ahead. The estate litigation between the Tolkien family and Warner Bros. studio has finally been settled. Movie goers in New York and elsewhere may now have a future feature film to look forward to in the months ahead.

Selection of trustees may avoid trust and estate litigation

One of the most important decisions one makes is deciding on an estate plan that best fits one's needs. If setting up a trust is chosen, then the careful selection of fiduciaries to manage the trust may help offset the possibility of trust and estate litigation. In New York, an experienced estate planning attorney can provide ongoing assistance in this regard.

Don't let your demise end in trust and estate litigation

The old expression that the only things that cannot be avoided are death and taxes may be rolled into one when it comes to preparing your will and other planning documents. As you are settling on the best options for your heirs, it may be a concern that a disgruntled relative may challenge your decisions. New York residents may worry that their plans could wind up in trust and estate litigation.

A Letter of Final Wishes might avoid trust and estate litigation

When New York residents think of estate planning, it is likely that wills, trusts and taxes are the first things that come to mind. Indeed, these documents may even help prevent the possibility of trust and estate litigation. However, there is one other item that may help heirs to understand some of the reasons behind their benefactors' final plans.

Careful plans may prevent trust and estate litigation matters

An estimated half of adult Americans have not settled on how their property and possessions should be disbursed after their deaths. However, not having specific plans in place may lead to trust and estate litigation matters, especially if heirs are unaware of the owners' intentions beforehand. Many New York residents may also tend to put off making these sometimes difficult decisions.

Using a trust may avoid some trust and estate litigation matters

Many people may associate wills with making final plans. However, if one wishes to avoid some trust and estate litigation matters, then setting up a trust and sitting down with loved ones may go a long way. New York families do have resources available when they decide it is time to make these types of decisions.

Head off trust and estate litigation matters by including pets

There are many details that need to be considered when one decides to write up formal estate plans. While there are no absolute guarantees, being as specific as possible can help deflect trust and estate litigation matters. New York residents may not have thought about the possibility of including pets in these plans.

Wills may be an asset in trust and estate litigation matters

While many people may have definite opinions as to whether a will would be suitable for them, there are situations and reasons why one may indeed be a useful document. There are many different types of trust and estate planning tools and there is no one document that will fit every need. New York families have many options when it comes to ensuring that their estates and other worldly possessions are disposed of as they desire and are insulated from trust and estate litigation matters.