How to Avoid Conflict Among Your Heirs
Most wills make it through the probate process without major conflict. However, certain steps during the drafting process can make it even less likely that your heirs will find fault with your estate plan:
- Don’t Put Off Estate Planning – Creating an estate plan while you’re still young and in good health can head off concerns about your mental acuity. You can always update the will as your life changes to ensure it continues to meet your needs.
- Communicate Your Wishes to Heirs – Once you’ve created a will, you may want to discuss the terms with your heirs. You don’t need to go into great detail but giving them an idea of your thought process shows you created the will carefully.
- Draft a No-Contest Clause – A no-contest clause states that any person who challenges a will forfeits their share of the estate. While these clauses are enforceable in Arizona, there are exceptions if the heir can show they had probable cause.
You can also employ other estate planning tools to ensure a smooth process after you’re gone. Creating a trust gives you greater control over how assets are dispersed, which is beneficial when you have concerns about an heir.
For instance, you can include language when creating a trust that states a person may only receive their inheritance in increments instead of all at once. Revocable living trusts also allow you to include a no-contest clause, similar to a will.
Let’s Discuss Your Estate Planning Needs Today
When you need trusted guidance during the estate planning process, Walk-In Wills is here to help. Schedule a consultation in Chandler, AZ by calling (480) 470-7000 today.