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Reasons You Might Need to Write Someone Out of Your Will

In a perfect world, everyone would get along and there would be no arguments between family members or loved ones. Because we do not live in a perfect world, there are a number of issues and challenges in relationships that arise when estate plans are involved. Due to these disputes, it often becomes necessary for a parent or family member to write a loved one out of his or her will. An experienced estate planning lawyer has helped a number of people create their own unique estate plans, which can include writing loved ones out of an inheritance. While there are a number of reasons why you might decide to write someone out of your will, the following will discuss some of the most common reasons why you might employ this estate planning strategy. The Nature of the Relationship Has Changed One of the most common reasons that people choose to write someone out of his or her will is because the relationship with that person has changed. Relationships are often either strengthened or weakened over time. No matter how or why a relationship has changed, Oklahoma probate laws often allow an individual to write someone out of a will. [...]

2019-05-31T16:10:48+00:00Tags: , , , |

The Role of Disinheritance Clauses in Estate Plans

There are many reasons why people are disinherited from obtaining another person’s assets through an estate plan. No matter the reason why a person wants to disinherit an individual, however, it is important to understand that disinheritance clauses are the most common and effective way to disinherit someone. Important Things to Understand About the Law To disinherit a person, it is essential to use clear language in estate planning documents. Sometimes, however, you might not be able to completely disinherit certain types of heirs. During a consultation, an attorney can help you determine if it is possible to disinherit the desired party. People Who Should Not be Disinherited Before making any changes to your will to disinherit a person, there are some important things to keep in mind. First, it is often not necessary to disinherit a person who is not a relative because that individual would not be to able to inherit under the laws of intestate succession. It is also a wise idea to refrain from disinheriting anyone who needs to handle certain matters after your death. Using a Disinheritance Clause for a Former Spouse If you have been involved in a divorce, but did not revise your [...]

2018-04-30T12:51:29+00:00Tags: , |