Article published in WealthManagement.com
Disputes over tangible personal property are one of the top three causes of estate administration conflict.
Battles over the “stuff” have made the headlines. Remember the battle over Robin Williams’ personal belongings? But these battles happen all too frequently in estates both big and small. Hurt feelings created during the division of the TPP and inter-family litigation over an estate can cause irreparable rifts in the family. Not every battle can be avoided, but planning and forethought may avoid some. Consider the following illustrative scenarios…Full article.