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Just Bought Your First House, or Are You Downsizing? Understanding How You Own Your Property Matters.
Knowing how you own that home is just as important as knowing where it is located. Taking the time to understand your deed now may save your loved ones significant time, expense, and frustration in the future.
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How a "No Contest Clause" Can Backfire
While that may sound appealing, no contest clauses can create unintended consequences. In some situations, they do not prevent litigation at all. A no contest clause may end up protecting a poorly performing fiduciary more than it protects the estate plan itself.
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