Estate planning is often associated with providing for loved ones, preserving family wealth, and ensuring that assets are distributed according to your wishes. Most estate plans are designed to identify beneficiaries and establish a clear framework for transferring property after death. Occasionally, though, estate planning involves a different objective. Rather than determining who should receive assets, you may decide that a particular individual should not receive any portion of your estate. … [Read more...] about The Consequences of Disinheritance in New Hampshire
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
