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Title: Strategies to Safeguard Your Estate from Potential Family Challenges

United States, 6th Apr 2024, King NewsWire - Securing the Future of Your WillDrafting a will isn't merely about fulfilling a legal requirement; it's about encapsulating your life's aspirations and decisions. However, the robustness of your will hinges on its resilience against potential legal contests. Mark Fishbein, an esteemed estate planner at ALTA Estate, provides valuable insights into preemptive measures to shield your legacy from disputes.Identifying Potential ChallengesA myriad of individuals or entities might contemplate contesting your will for various reasons. Understanding these potential challenges equips you to proactively address them. Let's delve into the common sources of contention:- Family Members: Relatives who feel unjustly excluded or expect a more substantial share of the estate may challenge the will. Emotional dynamics within the family often exacerbate such disputes.- Beneficiaries: Previous beneficiaries named in an earlier version of your will might contest the updated one if they anticipate diminished assets or disagree with the alterations.- Dependents: Individuals financially reliant on the deceased but inadequately provided for in the will may pursue legal avenues to secure their financial interests.- Creditor Claims: Creditors owed money by the deceased may contest the will if they believe asset distribution impedes debt collection.- Undue Influence: Allegations of coercion or undue influence, especially if the deceased was vulnerable, can prompt challenges from concerned parties.- Lack of Capacity: If it's demonstrated that the deceased lacked the mental capacity to comprehend the will's implications, its validity may be questioned.- Fraud or Forgery: Suspicions of fraudulent activity or forgery in creating or altering the will can trig...

This press release is issued by King Newswire