No funds despite inheritance. Because of disputes, the heirs receive nothing over a period of years. Nevertheless, the heirs are considered wealthy by the authorities. Do you wish not to expose your heirs to these situations and avoid such headlines? Well, then you should start tackling your succession planning.
Day of mediation
Today we celebrate the day of mediation. What does that have to do with inheritance law?
Emotional conflicts
Mediation can help identify emotional conflicts in estate planning. Are there tensions or differing views within the family? What expectations do your heirs have? Will you meet them or disappoint them?
Personal circumstances
What are the personal circumstances of your heirs? Are there minor children, a blended family, or quarrelsome sons respectively daughters-in-law?
Did you treat all the children equally? Or did you favor one?
Are there any expected problems with division, especially real estate, collections, businesses, or shares thereof?
Is it difficult to address such conflicts? Lawyers are subject to attorney-client privilege.
Discussion and planning
Act now, settle your estate before a total loss occurs. Years of costly, difficult litigation may be avoided with discussions during your lifetime and good planning.
A neutral mediator and attorney can advise, identify, address and, if necessary, resolve your potential conflicts. Further, a neutral advisor can also provide a voice to all parties involved. Hopes, fears, and desires can be expressed. It is in everyone’s interest that a smooth transfer of assets be planned.
You, as the testator, will feel liberated and assured that you have done all you can for your loved one to be remembered fondly.