Most people in New Mexico know at least one person who has gotten divorced after having kids and then gotten married again. Blended families are part and parcel of today's society. In fact, The Tax Advisor indicates that even by 2013, one in four married couples included at least one spouse who had been married previously.
Among the many points to contemplate after a loved one passes away in Roswell is how their estate will be dispersed. The relationship that you shared with the decedent might offer indications on how they structured your estate, so if what is actually stipulated in their will varies greatly from those expectations, you may be justified in having questions. Yet what if the will contains a no contest clause? Several clients have come to us there at the Sanders Law Firm concerned about the validity of their loved ones' wills, yet equally worried that any challenges they bring will cause them to be disinherited. If you share the same concerns, what you really need to know is how far will the court go in enforcing a no contest clause.
You often hear estate planning experts in Roswell espouse the wisdom in avoiding having an estate go to probate. This is due to the fact that the cost of probate is taken directly from an estate's assets, which could lower each beneficiary's interest in it. For this reason, many come to us here at the Sanders Law Firm after the death of a loved one panicking that they will lose almost the entire value of the decedents' estates in probate costs. If you share the same concern, not to worry; there is a simple method to avoiding probate (even when a decedent took no action to do so while he or she was still alive).
You have probably been told by many in Roswell that it is never too early to start your estate planning. Considering the potential of your death is never a fun exercise, yet as we here at the Sanders Law Firm tell clients, estate planning is more for your beneficiaries then it is for you. The fear is that they will dispute the ownership of your estate, and that your death might prove to divisive amongst your family members. This inevitably prompts the question of what happens if you die without a will.