Although many people are aware of the importance of having a will, several adults have not taken the time to make one. Prior planning will serve to protect the financial interests of your loved ones and other entities.
Wills refer to legal documents declaring a person’s wishes that he or she wants executed after his or her passing away. With a will, people can rest assured that there will be due distribution of their assets and their family’s financial future is secured.
When a person writes a will, he or she can appoint a senior lawyer as an executor who will be in charge of making sure adherence to his or her wishes after death. A will enables people to list down their assets and to whom they will allocate them to. It is possible to contest a will not written as required or whose validity is in question.
When challenging the validity of a will it is important to look for any special provisions that may have been included. Some wills may have a provision for excluding certain beneficiaries who may attempt to contest the will. This will make it necessary to determine whether such a will is worth challenging or not.
You can only contest a will if you are among the people listed in the will. You are also in a position to contest a will if your name appeared in previous wills. If intestacy laws apply to you in regards to the division of an estate, you are also eligible to challenge the contents of the document.
Senior lawyers are aware that their clients need to have legal reasons before they contest a will. Wills are not contested just because they are hated or because of emotional reasons. There have to be legally recognized reasons that include lack of mental capacity, force, fraud and mistakes. Legitimate reasons will make it possible for challenging of a will in specific situations.
Understanding how to contest a will involves knowing what to take into consideration before taking this important step. People can distribute their possessions in any manner they want to. They can distribute them to friends, family members, companies and charity organizations.
A family member or any person deemed to be close to the deceased can apply to contest a will if they were not included. When deciding whether an individual can contest a will or not, there is consideration of factors such as age, financial capacity and health. It needs to be legally determined whether someone should be a beneficiary or not.
After making a decision to contest a will, applications need to be within a specified period as the law stipulates. During the process of contesting wills, it is important to get legal assistance to facilitate such a crucial matter. If you want to challenge a will, you can save time and money by consulting a senior lawyer who will help you find a worthwhile solution and get the best possible outcome.