When you create a Last Will and Testament, you do so with the knowledge that the terms of that Will are legally enforceable. In fact, that is one of the primary benefits of using a Will to distribute your estate. Of course, one of the hallmarks of the American judicial system is the idea that anyone can access the judicial system to resolve disputes or clarify legal issues. That means that someone could challenge the validity of the Will you create after you are gone. If that happens, the … [Read more...] about How Can a No Contest Clause Help Prevent a California Will Contest?
no contest clause
What an In Terrerem Clause Can Do for You
Estate Planning practitioners field questions regarding disinheriting beneficiaries regularly. The second question often relates to what happens when that beneficiary or any other tries to have the estate plan or portions thereof overturned. An “in terrorem” or “no contest” clause usually acts as a deterrent to such beneficiaries by completing divesting them of their inheritance should they choose to initiate a lawsuit. Read on to learn more … [Read more...] about What an In Terrerem Clause Can Do for You
