You want to protect your assets, even when you are gone. Thankfully, estate plans are helpful tools for parties to use to designate specific assets and their distribution.
Few family arguments have the potential to explode faster than a discussion about dividing property after a loved one dies. If your family is fortunate, your elderly parent executed a well-written will before death. Still, wills do not always completely resolve family disputes.
If you are the personal representative or executor of an estate, you may encounter some obstacles as you assume your role and fulfill your duties. Beneficiaries of the estate may start to doubt the validity of the will, question your authority or squabble amongst one another.