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Wills are supposed to be final. But unsurprisingly, sometimes heirs and potential heirs don't see them that way. A $100 million estate left to the "wrong" people can cause court battles over ...
Given that kind of nine-figure wealth, an annual succession planning session isn’t just pertinent; it could prove the best path to avoid the kind of infighting Sheryl’s family has dealt with ...
Forced heirship is a form of testate partible inheritance which mandates how the deceased's estate is to be disposed and which tends to guarantee an inheritance for family of the deceased. In forced heirship, the estate of a deceased ( de cujus ) is separated into two portions.
They often originate with an adult child who, feeling short-changed in a parent's will, accuses a sibling of doctoring the document". [ 24 ] Notable cases of forged wills include the " Mormon will " allegedly written by reclusive business tycoon Howard Hughes (1905-1976), and the Howland will forgery trial (1868) in which sophisticated ...
The anti-lapse statute "saves" the bequest if it has been made to parties specified in the statute, usually members of the testator's immediate family, if they had issue that survived the testator. For example, the New York anti-lapse statute specifies brothers, sisters, and issue, specifically.
Some cultures also employ matrilineal succession, where property can only pass along the female line, most commonly going to the sister's sons of the decedent; but also, in some societies, from the mother to her daughters. Some ancient societies and most modern states employ egalitarian inheritance, without discrimination based on gender and/or ...