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Wednesday, October 26, 2011

The potential consequences of adult adoption for inheritance

Have you ever thought about the effect adoption of your siblings or parents would have on your estate plan? Not many people have considered it. And what if your relative was adopted as an adult and not as a child? This article from http://www.verdict.justia.com/ tells the story of what happened when a woman from Virginia died without a will, but her closest living relative had been adopted out of the family at age 53. The article is American so the law cited won't necessarily be the same in Canada, but the underlying concept that adoption changes inheritance rights is the same. It makes interesting reading for anyone with an adopted relative in their extended family. Click here to read the article.

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