Disinheriting an heir from your will is a very serious decision. Not only can it cause a rift in your family, failing to take the proper steps can also result in your will being contested in court. In order to prevent a poor outcome, The Balance offers the following advice.
While creating a will is crucial, choosing the right personal representative is equally important. After you're gone, this person will be obligated to perform many essential tasks regarding your estate, including dispersing assets to your heirs according to your wishes. The Balance explains some of the many duties of a personal representative so you can make the best decision when selecting a candidate.
After the impact of one's death in Los Angeles has had a chance to sink in, their immediate family members will often share the same question: "Now what?" Specifically, when one leaves behind a family, they typically want to know what will become of the decedent's estate, including their home and other personal property. Who maintains ownership of those assets? Who becomes responsbile to settle any unresolved debts? The uncertainty that can come with such questions can often compound what is already a difficult situation.