Individuals may think they have done huge favors to their families if they have drafted legal wills. However, having a will in place and ensuring it does not end up subject to a will challenge are two different things. It is important to understand how and why a will challenge may occur and what a Michigan family should do if one or more family members do in fact challenge a loved one's will.
One of the most vital and popular documents drafted when an estate plan is set in motion is a will. A will is important and is put in place to clearly outline a person's last wishes regarding his or her estate. Yet, having a will may not be enough to stave off a will challenge. Under some circumstances, family members may find themselves united in the pursuit of a will challenge after a loved one's death. For any Michigan family, comprehensive legal advice and guidance can help to navigate a will challenge situation.
The name Huguette Clark may be unfamiliar to many in Michigan -- or across the nation for that matter -- but in the arena of estate planning and administration the name doesn't seem to go away. The woman was a wealthy but reclusive copper heiress who passed away in 2011 at the age of 104.
The estate of an American cooper heiress has settled more than two years after her death. The woman died in May 2011 and left behind a $300 million fortune. The woman was not married when she passed and had no children. However, a will contest arose after her family - made up of 20 grandnieces and grandnephews - challenged her will.
According to a recent report, most victims of elder abuse know the person abusing them. Often, it is a family member or a caretaker. Elder abuse has increased since the economy has been struggling. A common form of elder abuse is financial exploitation involving the changing of a will or trust.
Family members need support after the death of a loved one, and estate distribution in Michigan often poses a particularly complex set of problems for grieving families. In the worst scenarios, matters such as undue influence have to be addressed in probate court.