You have many assets that you’d like to leave to your loved ones, but one thing that you don’t want to see happen is a major dispute. You have nieces and nephews that you cherish, children that aren’t close to you and other family members and friends that you’d like to leave assets to in the future. The last thing you want is to cause pain or a dispute by giving assets to those you care about, but you know it’s a possibility.
To help prevent a will contest, there are a few steps that you can take. Taking these steps may also help you minimize the risk of people you care about being upset by your decisions. Here are three to consider.
Talk to beneficiaries and heirs about your choices
The first thing you may want to do is to talk to your heirs and beneficiaries. Sit down with them and say why you’re making the decisions you are. If they hear it come out of your mouth, then they’re more likely to understand what you’re saying and to cause fewer problems in the future.
Include a no-contest clause
You may want to discuss the potential for a no-contest clause or other wording that could limit a person’s ability to collect if they challenge the will. These aren’t always upheld in court, so you’ll want to talk about the option with your attorney.
Finally, ask for witnesses to see you sign your will and assign beneficiaries. With enough witnesses, you’ll have people to back up the will in the future if anyone contests that you signed it.
These are three things you can do to minimize the risk of a will contest and disputes following your death.