Dwayne Johnson, also known as The Rock, has it in his contract that his character can’t a lose fight in the Fast & Furious franchise films. In fact, his contracts specify how badly he can be beaten up on screen. It’s clear that these clauses are to avoid looking “wimpy” or changing the narrative without his consent.
Taking that bravado into the world of estate planning, there are multiple reasons to create an estate plan (avoid probate, minimize taxes, grant specific gifts, appoint agents, etc.), but dodging inter-family disputes is always one of my goals. When a family fights over assets, the decedent effectively loses. They simply didn’t draft a plan that addresses the family issues. Sometimes fighting can’t be helped (we can only do so much) but most of the time, there are easy answers to the prominent problems we face.
So, here are a few common issues that can lead to family fighting and how with proper planning, arguments may be avoided:
Taking our cue from The Rock, we should all be winners in our estate plan and avoid the common pitfalls that lurk in the shadows of our estate plan. As The Rock would say, “can you smell what I’m cooking?”
Call our real estate and estate planning lawyers today at (954) 832-0885 to discuss your real estate and estate planning questions. Schedule an appointment today by giving us a call.
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