For New Yorkers who are well-known and wealthy, it is important to keep track of how estate plans can spark a legal dispute among heirs if the document is not crafted properly. Prominent entertainers bring joy to their fans and earn large sums of money for their efforts. After they have died, it is not uncommon for their relatives to disagree about how their legacy will be handled. Unfortunately, this is frequently related to money. When a family member is trying to address a disagreement about a will or a trust, having legal advice from a law firm that is experienced in estate lawsuits and negotiations is vital.
When an estate plan is created in Rochester and throughout New York State, the goal is for the testator to detail what he or she wants and for the document to result in those desires coming to pass. However, if there are significant assets and would-be heirs who were not given what they believe to be their fair share, it can be the impetus for a court battle and extended legal dispute. It is unfortunate that this happens, but in many cases, there is a justifiable reason for the family members to take issue with how the estate was formulated and to move forward with estate litigation. Having legal assistance from a law firm that is experienced in these matters is crucial.
The death of a loved one in New York can be difficult enough without legal wrangling as to the contents of their estate. However, it is an unfortunate reality that people will not hesitate to begin a legal dispute over who will receive what. This is not limited to large estates, but it can happen with more modest and small estates too. One certainty regardless of the size of the estate and what it contains is that any legal dispute, will contest or court battle requires help from an experienced law firm.
It is an unfortunate reality that when a New Yorker dies, there could be a legal dispute regarding their estate. However, people considering challenging a will might not know who has the right to do so. For example, a person who believes there should have been a bigger share awarded and is unhappy with how the property was allocated cannot simply challenge the will because of that and expect changes to be made.
The estates of artists can be complex and can lead to many people fighting over them after the person has passed. This is especially true when there were disagreements and dueling assertions as to what the testator wanted. When these issues cannot be solved by examining the documents, a legal dispute is likely. While it is preferable for a testator to take the necessary steps to have a comprehensive estate plan that clearly defines their goals, that does not always happen and a court battle can come about.
In New York, a dispute over an estate can come about for many different reasons. One of the most common is if there is an item that is of significant value and parties are in dispute over who should inherit it and whether it should be retained or sold. When a legal dispute arises over these items, it can often call into question whether there was a valid will and can cause disagreements as to what the testator wanted. To avoid this, people should have a comprehensive and well-crafted estate plan.
For New Yorkers who are concerned about a will and its validity, a court battle might be necessary to settle the matter. This is especially true when there are significant assets at stake. With property and a valuable portfolio, it is vital that there be a valid will created so it is clear who the desired heirs are. When this is not done, it can be the foundation for a contentious dispute. When in this situation, it is key for all sides to have a law firm that is experienced in all areas of estate litigation.
One of the most complex situations in New York regarding an estate plan is when there is a legal dispute. Often, these come about because the testator changed their will to change or remove heirs. For people who are considering a will contest for any reason, having legal assistance from a law firm experienced in estate litigation is key.
In New York, guardianships can be critical to ensure that an elderly or incapacitated person is cared for. Some people have a durable power of attorney drafted so another person will be named as a guardian if the person is unable to care for themselves. Without a durable power of attorney, the court will appoint a guardian to represent that person. A disagreement sometimes arises as to whom the guardian should be and what can be done to change it. Understanding the powers a guardian has and how the guardian is chosen is a foundational aspect to issuing a challenge of the guardianship.
Issues with estate plans and their aftermath following the death of the testator happen relatively frequently in New York and across the nation. While many do not reach the level where they are discussed in the public sphere and reported in the news, it is useful to look at situations in which there is a legal dispute regarding the estate plan of a famous or prominent person. Some of the same circumstances that led to the court battle can apply to anyone. Such is the case with the late performer James Brown.