Losing a family member consumes all of your emotions and all of your energy. �There�s not much room in your mind for worrying about what you�re going to do with their estate.
Losing a family member consumes all of your emotions and all of your energy. �There�s not much room in your mind for worrying about what you�re going to do with their estate, or how you�re going to interpret their will. �An estate in probate presents a unique kind of problem, where property is not the only thing at stake–your mental health and personal struggle with the loss of a family member is just as present. �So, what other kinds of complications come with an estate in probate? �Read on to find out.
Family Disputes
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During this turbulent time, family members may lash out or dispute the will. �If they feel as though they did not receive their fair share of the estate, they may raise a dispute. �Likewise, they may try to argue that the late loved one was manipulated or coerced by another family member to write their will a certain way. �This kind of dispute can cause unnecessary tensions, and might result in a longer probate process.
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Excessive Costs
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After paying for a funeral with your funds and emotions, you probably don�t want to think about court costs. �The hard reality is that there are plenty of problematic costs that come from probate, and these can not only draw out the process, but might also drain your personal assets. �And, if the will is contested, these fees will only increase.
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Publicity
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All of these files are public record; that means anyone is able to access the will and see how much each person inherited. �And anyone who might be affected by the will is able to contest it. �This draws out the process and makes it more expensive. �It can also cause emotional toll, as well as ruined relationships.
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