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Amount contested: $300 million ... H.L.'s nephew, claiming they were mismanaging his grandmother and great uncle's trust funds, along with their primary asset, Hunt Petroleum. The dispute came to ...
A will contest, in the law of property, is a formal objection raised against the validity of a will, based on the contention that the will does not reflect the actual intent of the testator (the party who made the will) or that the will is otherwise invalid.
Once probate starts, there is a limited window that you can contest the will. This is known as a statute of limitations and the time frame varies by state. Generally, you’ll have between 30 days ...
If a will is not clear and watertight it could be legally challenged, here are the six ways a will can be contested.
It is a trust that qualifies for the marital deduction, provided that the surviving spouse is given the income at least annually and the surviving spouse has a general power of appointment over the trust property remaining at his death. Most general powers of appointment are exercisable under a will. The holder of the power refers to the ...
A no-contest clause, also called an in terrorem clause, is a clause in a legal document, such as a contract or a will, that is designed to threaten someone, usually with litigation or criminal prosecution, into acting, refraining from action, or ceasing to act.