ESTATE LITIGATION poses many hazards that can disrupt the intended distribution of assets, strain family relationships, and deplete the estate’s value. Below are some of the key risks and cases we have handled:
Engaging in estate litigation often requires hiring attorneys, experts, and possibly going through a lengthy court process. These expenses can quickly add up, significantly reducing the value of the estate that the beneficiaries will ultimately receive.
Litigation can take months or even years to resolve. During this time, the assets in question usually remain frozen and unavailable to the beneficiaries. This delay can cause financial hardship and emotional stress for family members who may be relying on their inheritance for support.
Estate disputes often involve family members with differing opinions on how to distribute assets. Litigation can heighten these conflicts, causing lasting damage to family relationships. The adversarial nature of the legal process can turn siblings into opponents and parents against children.
Court decisions can be unpredictable. Even if you believe you have a strong case, there’s no guarantee that the court will rule in your favor. This uncertainty adds another layer of risk to estate litigation.
The litigation process can make the administration of the estate more complicated. Executors or administrators may find it challenging to fulfill their duties while also navigating the legal complexities of a court case. This can result in errors or omissions that could have legal repercussions.
Court proceedings are generally public, meaning that sensitive family matters and financial information could become public knowledge. This lack of privacy can be distressing for family members and may even attract unwanted attention from third parties.
Litigation is not just financially draining; it’s emotionally exhausting as well. The stress of court appearances, legal strategy, and family conflict can take a toll on everyone involved, affecting their mental and physical health.
Ultimately, estate litigation presents financial, emotional, and relational hazards that can have long-lasting impacts. It’s often advisable to explore alternative dispute resolution methods, like mediation or arbitration, to avoid these risks.
Court procedures are complex. If you are involved in an estate matter, please contact us to schedule a consultation.
©2023 Law Office of Robert Aufseeser LLC
All rights reserved
Attorney Advertising
No aspect of this advertisement has been approved by the Supreme Court of New Jersey