What’s your advice to beneficiaries who have disagreements with other beneficiaries?
Phoenix, AZ estate planning attorney Chikk Myers talks about how to situate dilemmas that can occur sometimes between beneficiaries.
Phone: (602) 234-1178
That’s a lose-lose. Generally, when you go to court and it creates and fuels that much more family disharmony. So I am very much in favor of negotiating what the refer to as a non-judicial settlement agreement so that the beneficiaries can come together and work out a compromise without resorting to court to spend most of the estate or trust money in fighting when emotions get heated and we aren’t as rational as we probably would normally be.