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Your beneficiaries. Who receives which assets from your estate and when. ... If there is a problem with the will, you can contest it if you have legal standing and there is a legitimate reason for ...
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 ...
Costs can increase even more if a will contest actually goes to trial, and the overall value of an estate can determine if a will contest is worth the expense. In some cases, the threat of a will contest is intended to both pressure the estate into avoiding the expense of a trial and forcing an out-of-court settlement more favorable to ...
They can help you navigate inheritance and estate taxes, if applicable. There is currently no federal inheritance tax and the federal estate tax exemption for people who pass away in 2025 is $13.9 ...
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.