How does estate planning minimize family issues?

woman being yelled at by two men

Handling the aftermath of the death of a loved one can be incredibly overwhelming. Unfortunately, you’ll find that family issues are incredibly common due to the stress of these circumstances. It’s important to understand, however, that estate planning is imperative to help reduce the potential issues that can arise as a result of death. If you are preparing a will, understanding your legal options is critical to ensure you can protect yourself during these difficult matters and reduce potential issues with your beneficiaries. The following blog explores how Pennsylvania estate planning attorneys can help you navigate this process.

What family issues can arise following someone’s passing?

It’s not incredibly uncommon for tensions to grow and emotions to flare following someone’s passing as their friends and family navigate the stages of grief. As a result, these heightened emotions can lead to arguments and drama.

Often one of the biggest issues that can arise following someone’s passing is their inheritance. When one family member feels slighted over the assets they receive, it can cause issues and disagreements. They may threaten to contest the validity of the will, which can result in additional arguments.

Another issue can arise if an executor is not fulfilling their responsibilities. When the person charged with administering your estate does not do so effectively, fails to communicate with beneficiaries, or misuses estate funds for their own personal gain, it can cause issues and fighting among family members.

All of these issues can lead to repeated disputes and arguments, resulting in stress, delays, and even permanently destroyed relationships. In some instances, the courts may need to get involved, meaning your estate may be distributed in ways other than you intended. Additionally, you’ll find that these issues can also lead to additional financial stress for your loved ones.

How can estate planning reduce issues?

By taking the necessary steps to properly plan your estate, you’ll find that it can help reduce issues significantly among your family. Aside from having an established plan in place, one thing you can do is consistently review and update the plan you’ve established, as this can help show your beneficiaries the estate plan was accurate.

Another thing you may want to do is consider adding a “no-contest” clause to your estate plan. This essentially means that any beneficiary who contests the validity of your estate plan unsuccessfully will be unable to receive any portion of their inheritance. This can help limit disputes as the beneficiary who wishes to challenge the will must carefully consider this decision.

As you can see, there are a number of issues that can arise if you fail to properly plan your estate. Meeting with an experienced attorney from Friedman Schuman Layser is in your best interest during these complicated times, as our firm understands how important these matters are to you. When you are ready to ensure your estate plan is according to your wishes, our team can help. Contact us today to learn more about your legal options.

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