When you begin estate planning, it's always a good idea to consider what might change in the future and how those changes may impact your plan. Leaving room within your plan to make changes over the years lets you maintain control over your assets and ensure your final wishes are managed appropriately through wills and other documents.
One thing many people may not consider is that heirs or others within family, social or business circles may not agree with the decisions laid out in estate plans. Families can dispute wills or other documents at the time the estate is being administered, but they can also dispute your plans now. One examples of this is currently making national news: the owner of a National Football League team is attempting to change his estate plan to leave ownership of the team to his wife of 10 years. Former heirs to the team -- the owner's daughter and her children -- are fighting the change.
Whether you want to ensure your wishes are followed as closely as possible with minimal probate and legal disputes, or you are making a possibly controversial change in your estate plans, legal knowledge of the estate planning process is critical. With many types of legal vehicles available, including dozens of types of trusts, it can be easy to make a small mistake now that leads to big headaches during the administration of your estate.
Working with someone who has experience in a number of estate planning, administration and probate areas reduces the chances that your documents can be disputed or overturned. Our estate services help you create strong plans and documents that hold up under legal scrutiny now and in the future.