Evey Black Attorneys LLC
Roaring Spring:

Estate planning can help prevent family feuds

When people in Pennsylvania pass away, family fights over inheritance can squander the value of the estates they leave behind. Planning to deal with hurt feelings and family drama can be an important part of preparing an estate plan on par with the writing of the actual key estate documents. In one poll by TD Wealth, 44 percent of trust officers, attorneys and accountants said that the biggest threat to the viability of an estate was family conflict and discontent. As families grow and change, the potential for conflict can increase. They could eventually involve current and former spouses as well as children from multiple relationships.

This means that a family conflict can not only lead to hurtful interactions and damaged relationships but also significant financial costs to the estate's value. In order to avoid these types of disputes and protect the value of the estate, it can be important to consider the potential of conflict during the estate planning process. When people avoid dealing with issues and do not even draw up a will, hard feelings can result when the estate is left to be divided according to state intestacy law.

While strictly equal division, like state-mandated shares, may seem just on the surface, vastly different relationships can lead to a strong perception of unfairness. For example, in the case of a family business, it may be important to pass it solely to the most involved child. At the same time, the business owner may want to devise other property to his or her other children as a form of compensation.

The process of determining the future of a person's assets can be emotional but also important for peace of mind and family relationships. An estate planning attorney can help a client make key decisions and draw up the documents, such as wills, trusts and powers of attorney, that formalize those plans.

No Comments

Leave a comment
Comment Information

Get The Answers You Need

If you have a legal problem or opportunity, we invite you to discuss it with a friend and neighbor here at our firm.
Contact Evey Black Attorneys LLC to schedule a consultation today.

Contact the Firm

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Email Us For A Response
Evey Black Attorneys LLC
Hollidaysburg Office Map

Hollidaysburg Office
401 Allegheny Street
P.O. Box 415
Hollidaysburg, PA 16648

Phone: 814-317-6914
Fax: (814) 695-1750
Hollidaysburg Law Office Map

Roaring Spring Office
902 E. Main Street
P.O. Box 5
Roaring Spring, PA 16673

Phone: 814-317-6254
Fax: 814-224-5163
Roaring Spring Law Office Map

Roaring Spring Office Map