Should You Leave Estranged Child $1.00? 💰
Sometimes, despite efforts by parents to keep the family relationships strong, parents make a decision to exclude a child from their estate. Many parents wonder whether it would be "better" to leave the estranged child $1.00, in order to avoid some adversarial estate contest.
By leaving a child a token bequest, you're likely including that estranged child in your probate, which can make matters worse for your other family members.
It may make more sense simply to leave your estate to whoever you want to leave it to, either without mentioning the estranged child, or by stating that you are intentionally excluding the estranged child.
Any discussion regarding a Louisiana parent excluding a child should take the Louisiana forced heirship laws into account.
For prospective law firm clients who want to schedule a free 15 minute initial phone call with Paul Rabalais, go to: https://go.oncehub.com/Paul8
This post is for informational purposes only and does not provide legal advice. Please do not act or refrain from acting based on anything you read on this site. Using this site or communicating with Rabalais Estate Planning, LLC, through this site does not form an attorney/client relationship.
Paul Rabalais
Louisiana Estate Planning Attorney
www.RabalaisEstatePlanning.com
Phone: (225) 329-2450
Видео Should You Leave Estranged Child $1.00? 💰 канала Rabalais Estate Planning, LLC
By leaving a child a token bequest, you're likely including that estranged child in your probate, which can make matters worse for your other family members.
It may make more sense simply to leave your estate to whoever you want to leave it to, either without mentioning the estranged child, or by stating that you are intentionally excluding the estranged child.
Any discussion regarding a Louisiana parent excluding a child should take the Louisiana forced heirship laws into account.
For prospective law firm clients who want to schedule a free 15 minute initial phone call with Paul Rabalais, go to: https://go.oncehub.com/Paul8
This post is for informational purposes only and does not provide legal advice. Please do not act or refrain from acting based on anything you read on this site. Using this site or communicating with Rabalais Estate Planning, LLC, through this site does not form an attorney/client relationship.
Paul Rabalais
Louisiana Estate Planning Attorney
www.RabalaisEstatePlanning.com
Phone: (225) 329-2450
Видео Should You Leave Estranged Child $1.00? 💰 канала Rabalais Estate Planning, LLC
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20 января 2020 г. 21:00:00
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