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As a beneficiary, if you do not agree with how the assets are being distributed, you may have grounds for contesting the will. In order to do so, you must have a legitimate legal reason to ...
In some cases a will contest is based on allegations that the will is forged. Forgery can range from the fabrication of an entire document, including the signatures, to the insertion or modification of pages in an otherwise legitimate will. According to a 2009 Wall Street Journal article, "charges of forgery are more common than proven cases of ...
The phrase is typically used to refer to a clause in a will that threatens to disinherit a beneficiary of the will if that beneficiary challenges the terms of the will in court. Many states [1] in the United States hold a no-contest clause in a will to be unenforceable, so long as the person challenging the will has probable cause to do so. [2]
In common law jurisdictions, probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased; or whereby, in the absence of a legal will, the estate is settled according to the laws of intestacy that apply in the jurisdiction where the deceased resided at the time of their death.
For instance, you can buy a house or set up a savings account without … Continue reading → The post Differences of Beneficiary Designations vs. Wills appeared first on SmartAsset Blog.
Beneficiaries have the right to contest a will but again, there must be legal grounds to do so. For example, a beneficiary might be able to contest a will if they: Suspect the will was created ...