There are a number of reasons why wills are challenged, but in this blog we will take a closer look at will contests due to dementia. Whether you are in charge of a will as the executor and a beneficiary has decided to contest the will, or you are a beneficiary who is upset with a will that you do not believe is valid, it is imperative to handle this situation carefully. When a will is challenged, the outcome of the contest may have a significant impact on an entire estate and could significantly affect you and your loved ones.
Making designations for inheritance is a process that takes time for many families in California. In fact, it is a process that experts recommend be revisited frequently to make sure that the original designations remain appropriate despite marriages, births and divorces within a family line. One of the biggest concerns for many people is the worry that their decisions will be opposed by surviving family members and ultimately leave them quibbling over their opinions about what the intentions of their deceased family member were.
Most people delay making an estate plan until it is too late. Many of those who do make a plan limit it to a simple will. In some cases, even those wills use vague or confusing language that can make them practically useless during probate. While it is certainly possible to avoid probate with careful planning, most estates will go through this legal process before the heirs can receive their inheritance.
Many in Los Angeles may view an estate as simply being those assets that one will pass on to their heirs when they die. While that may be the case in many situations, there are also many scenarios where an estate is intended to be a vehicle for generating income for beneficiaries. In cases where a decedent leaves behind intellectual and artistic works that still have value, beneficiaries can often expect royalties from the use of such properties to provide them with funds for years (if not decades). It may come as little surprise, then, that such estate cases can often become contentious.