How To Use A Trust To Protect Family Assets
Can a trust fully protect family assets from disputes? Not entirely, cautions estate attorney Andrew Dósa—relatives can still 'make up stuff' about what they're owed. He recalls a client whose late partner's children contested the will's handwriting and even took her car. A good, attorney-drafted plan is 'Exhibit A' that you had capacity and acted freely, making challenges far weaker.
Excerpt summaries from the video and transcripts · how we make them
Answered by Andrew Dósa · Tacoma, WA and Oakland, CA
Highlights
Frequently Asked Questions
Can a trust fully protect assets from disputes?
Not entirely—relatives can still make claims about what they're owed, as when a client's late partner's children contested the will's handwriting.
What disputes arise on a small estate?
A missing distribution plan can breed disputes even on a small estate, giving relatives an opening to fight.
What's your best defense in a fight?
A good, attorney-drafted plan is 'Exhibit A' that you had capacity and acted freely, making challenges far weaker.
→ Full interview on Attorneys.Media
More Estate Planning answers
Legal news in Washington
Links to outside sources. Not written or reviewed by the attorney.
Legal news in California
Links to outside sources. Not written or reviewed by the attorney.