If you think that your family has some dysfunction while you are living, wait for a member of the family to die. This often brings up old feelings of past wrongs and can often highlight the fact that certain family members were favored by the deceased loved one over other family members. This is only exacerbated by money from the estate. This often leads to the worst coming out in people. Even people that are most trusted and have a long history of being good can be turned by the grieving of death and the prospect of large assets changing hands. There are things that both the creator of a trust and the inheritor of a trust can do to make sure that inheritance theft is not part of the legacy left when there is a passing.
What can be done in the planning process?
Here are three key things that can be done in the planning process to assure that inheritance theft is not part of your plan.
What Can be Done by Beneficiaries?
There are also a few things that a beneficiary can do when they are about to receive an inheritance to protect themselves.
While we do not participate in litigation, we can point you to a great litigation attorney to help you assert your rights if you are a beneficiary. However, we would love you help you plan so that your estate plan avoids these types of potholes. Further, we would love to help any trustee or executor, so they are not accused of inheritance theft. If you are a trustee or executor or you want to protect your estate plan from these problems, give us a call at (951)304-3431.