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January 2020 Archives

Dementia symptoms that could impact an estate plan

When an elderly loved one creates an estate plan while suffering from dementia, it can cause a lot of potential issues for family members. How accurate is that plan? Does it really reflect what they wanted? If there are things that heirs do not expect -- like getting cut out of the will -- is that because the person had dementia?

Have a bad neighbor? These tips can help

Unfortunately, you cannot pick your neighbors. You may get a bad neighbor who constantly looks for ways to aggravate you or who actually infringes on your rights. Maybe they use your property without permission, build structures too close to the property line or start a dispute about where that line even is.

Financial exploitation is common with the elderly

Do you worry that someone used undue influence to exploit your elderly loved one and got them to change their will? Undue influence is often just a type of manipulation. The person convinces the elderly person that they want to change their will and pressures them into doing so.

Why would someone contest the terms of a will?

An estate plan outlines your loved one's wishes for what will happen with their assets when they pass away. It can also cover other areas, such as who will make decisions for them if they are unable to and what types of medical care they are willing to undergo toward the end of their life. There are times when these plans aren't clear or when there is reason to believe that they don't accurately reflect the person's wishes.

A dispute could arise over an asset's worth

Many estate disputes happen when people want the same asset. Maybe one child felt like their parents promised them the family home, but then it went to someone else in the will. Children also fight over far more minor assets, especially when they have sentimental value.

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Riach Gese Jacobs, PLLC
7331 196th Street, SW
P.O. Box 1067
Lynnwood, WA 98046

Phone: 425-329-7857
Phone: 425-776-3191
Fax: 425-775-0406
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