last will – Pennysaverblog

Family

Ways Parents Can Protect Their Loved Ones

It’s so important that we protect our family when it comes to money. After all, we want to ensure that our kids have the best chance in life. And if we are deep in debt, it won’t be possible. Therefore, here are some things every parent needs to do to protect their loved ones on a financial basis.

Be careful with spending

It’s so easy to go out and spend too much money. But if you regularly do this, you could end up putting your family’s finances in jeopardy. After all, bills end up adding up and costing your family a small fortune. And then it’s easy to spiral into debt which will affect your family in a big way. After all, you won’t be able to pay out for things for your children that they desperately need. Therefore, it’s so important to be careful when it comes to spending. Always check the accounts to see how much you can spend before you go to the shops.

January 19, 2017

General

How To Save Money While Choosing Your Legal Representative When Contesting A Last Will And Testament

Unfortunately, even with the existence of a will, a deceased person’s rightful beneficiaries may feel inadequately provided for, necessitating proceedings to contest or challenge the will. This means that challengers can make claims against the will for either of two reasons. There may be something amiss with the will itself or circumstances under which the will was written, or the will is perfectly legal and binding, but unfair in its distribution of assets.

In such cases, the validity of the will must be determined in a court of law. There are specific procedures to be followed pursuing such claims. As with many other civil proceedings, contesting a will can be lengthy and therefore expensive for both parties. How much the dispute is worth depends on the size of the estate in question.

There is no doubt about it – the process can be difficult and many times it can end up unsuccessful. This is especially true when challenging a legal will. When this happens, you will have to bear the cost of your own legal counsel and in some cases, the court may rule that you cover the other party’s legal costs as well.

Therefore, before you decide you have grounds on which to contest a will, you should seek legal counsel to help you decide whether there is compelling evidence before presenting your claim to a judge. This initial visit could greatly help you to save costs otherwise incurred in fighting a losing battle.

November 4, 2014