Thursday, January 20, 2011

So Your Family Has Legal Trouble!






I am not a lawyer but I do have 12 college credits in Business Law. My objective here is to give you enough information so that you can bring your basic legal problems to an attorney before it is too late. Also, by arming you with basic information about Wills and Trust, you will better be able to tell an attorney what you need and how to proceed with your own personal problems. The cost of your legal services will be far cheaper than if you went into a law office ignorant of your needs.
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Most people claim that they do not have any money so setting up a Will or a Trust does not matter.
What happens if you get up from your computer and go across the street to talk to a friend? Some drunk driver comes down the road at 100 miles an hours, runs you over before you can figure out that you are dead. Who has the right to sue their insurance company or them for money for your funeral, your Brother John or Sister Sue?
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You are the last person among your brothers and sisters to die. You have no children. You promised your favorite Granddaughter that she can have your very lovely China set that she has been taken care of for you for the last 50 years. You die without a Will. Another Grandchild decides that she should have the China and many other things that you have. You can’t stand the woman and you have not seen her since she was 12 years old. She sues to get your stuff. What do you think will happen in court?
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You promised the woman who has been taken care of you for the last 20 years, your dinner plates. She always loved them and took care of your home and asked for nothing else in return. You died and your next of kin who you had nothing to do with for decades was notified. She came to your kin and asked for the dishes. Your next of kin told her that you paid her for the services that she performed for you and slammed the door in her face, changed the locks, and went about their business. How is your long trusted friend going to get your dishes?
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You have this large track of land handed down to you from several generations ago. You told your grandson that when you die, he can have the land. Once dead, he takes over. But your son, his uncle, claims that he should have the land. He takes your grandson to court. The court finds that this land should have been settled legally 7 generations ago and you legally did not own the land. What do you think the court is going to do about this?
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You have been given 5 months to live. You are already druged for the pain. Your husband created a Will for the both of you before he died 20 years ago. Your daughter who is “holier than thou” is taking care of you and has a lawyer draw up another Will for you. Not being in your right mind, you sign the new Will. The sister has a grudge against two of the three brothers and had the lawyer design the Will to legally cut them out of any inheritance. She places the third brother in the family home free of charge. She does not probate the Will and drops everything just after your death. The brother in the home is forced to move away and leaves the home vacant. Should you have used a Trust as well as written a Will? What legal steps should the other members of the family have taken?
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In my life time, I have seen all these things happen. In every case, it destroyed the family. Here is the reason why I am bringing you information about Wills and Trust.

Below are several videos about Estate Planning and the attorney's that can help you.


Next we are going to start looking at terms that will help you talk to your attorney so that both of you can reach the objective that you want.
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