Does Your Will Provide for Your Common-law Spouse?
You can expect lawyers to challenge your estate plan if that amount is inadequate.
That’s the point I made during a recent call-in program on Wayne Baxter’s Right On the Money show for Zoomer radio, on February 27th.
Any time there is a court challenge, you can expect it will cost tens of thousands of dollars.
Revise Your Will or Pay More Later
Many estate cases with common-law spouses drag on for 5-6 years. They can cost clients $50,000. These costs must often be paid by the estate. When you add up the costs, you can see them double or triple if there are other players involved.
Posted In: Estates, Inheritance, Wills On: March 1st, 2011