Most Common Causes Of Estate Litigation Boca Raton
There are many issues that arise over disposition of personal property especially in determining who should be responsible for what. Here are some of the most common causes of disputes that lead to estate litigation.
- Failure of intentionality – This result from lack of coordination of estate documents and inherent property rights, or a failure to keep estate plans current with changing tax laws or family circumstances, such as divorces, adoptions or births.
- Perceived inequity – Even where family members are included in the bequest, they may perceive they have been shortchanged by the decedent’s stated intentions.
- Wrongful acts either during or after the decedent’s lifetime – This may happen when an estate executor or trustee breaches his or her fiduciary duty by mismanaging assets, self-dealing, or over-charging for services.