When it comes to dealing with the estate of a deceased love one and matters of inheritance, there are a number of issues that could crop up. Typically, if there are any problems arising from a deceased one's estate, the matter is taken into probate court. Enlisting the services of probate lawyers gives you a chance to understand the root of the problems as well as get pertinent advice on what would be the best course of action to take. Here are some of the reasons why you may need the services of a probate lawyer.
Alterations to the will
There are a number of reasons why a beneficiary may seek to alter the will of a love one. For one, perhaps they do not feel that the estate may add any value to their life and would rather pass it on to someone else who may benefit from it more. Another reason why one may choose to alter the will of a loved one is to avoid having to pay exorbitant amounts of money in the form of inheritance tax. In some instances, you may find that the inheritance tax costs more than the value of the estate and it would actually be a financial loss to you if you choose to keep the estate. Regardless of your reason, a probate lawyer would be best placed at helping you alter the will. This is done using a Deed of Variation, which needs to be approved in probate court.
When an individual enters a caveat
Individuals who would like to stop any actions being carried forward from the will in question typically enter into a caveat. When someone enters a caveat pertaining to your loved one's will, it is pertinent to seek the services of a probate lawyer post haste. This is because if an individual enters into a caveat in regards to the will, they are gearing towards contesting the will and this could adversely affect you as a beneficiary. Seeking the professional services of a probate lawyer gives you a chance to resolve this matter in probate court before it affects the execution of the will.
Ambiguities in the way the will is worded
The legal system is intricate and there are numerous ways that legal wording can be comprehended. If the wording in the will was ambiguous, it could mean significant losses to you as a beneficiary of the estate. Hiring a probate lawyer would be pertinent in resolving these issues as they understand legal jargon.