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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Skeeter Bug who wrote (265513)8/1/2010 11:55:21 AM
From: Smiling BobRead Replies (2) of 306849
 
Thanks SB. It's been a major headache as it's siblings contesting
Can't get into too much detail. This would qualify for an ABC miniseries. In the end, the one's who now "legally control" the contested estate will win. This would be more about protecting an older person's estate who might not have much contact with potential heirs

As far as protecting estates, there are precautions that would have prevented the problems I'm seeing. Make sure everyone knows where will is and inform those who need to know what the contents are. Deal with contests before death. In my case, all will witnesses have died. An outsider stepped in with false claims that he was named executor in a newer will. No proof of such, but was enough to cause problems. Good idea to update and keep others apprised. A timestamped video supporting the will wouldn't be a bad idea. Easier than ever now.

The problems that could crop up are only as limited as imagination.
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