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Wednesday, September 7, 2016

What issues are raised when an inheritance passes outside the family?

Unfortunately, estate litigation is not rare. Beneficiaries can be protective of their potential inheritance, and sometimes do not look kindly upon individuals they may see as interlopers. Many of us know of situations in which a gift to a caregiver or friend was looked upon with great suspicion by the deceased's family.

Do you know why this is such a big area of contention? It's not necessarily greed on the part of the beneficiaries. A large number of them are concerned that their elderly relative might have been subject to financial abuse.

Lawyer Kyle Krull recently wrote an article talking about what can happen when a will leaves a gift to someone who is not a family member, and why that seems to be such a problem. Mr Krull is American, but the issues are relevant in our country as well. Click here to read the article.

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