How can I avoid family feuds over inheritance?

 In Asset Protection Planning, Estate Planning, Probate

Fighting over an inheritance can both cause significant family tension and a reduction in the inheritance heirs will receive due to legal fees.  To avoid this situation, you must set up a very clear estate plan.  Talk with your family about who you all agree would be the best executor of your estate and who will receive power of attorney if you are incapacitated.

The following are some documents you should put in place before you are dealing with any type of incapacitation:

  • Will
  • Trust
  • HIPAA Release
  • Power of Attorney
  • Health Care Surrogate
  • Living Will
  • Pre-Need Guardian
  • Guardianship plan for minor children and pets

 

If you would like to modify any estate planning documents already in place or begin to form an estate plan, contact Bach & Jacobs, P.A. today at (941) 906-1231.

Recommended Posts