Articles and Case Studies
Top Tips For Disinheriting People You Do NOT Want With Their Fingers In The Pie!
Let’s face it, things don’t always turn out the way we expected them to, and for any one of a dozen different reasons, you might have a child, relative or even a spouse whom you do not want to inherit a share of your estate if something should happen to you.
And making a Will using the SABER system is one of the only ways you can ensure this happens.
Let’s look at an example: if you have a child over the age of eighteen and you do not wish them to inherit from your estate then writing a simple Will and leaving the child out may not suffice.
Why?
Because your child can contest the Will saying the parent simply forgot to name him in the Will; and then, a judge not YOU, will decide and if necessary rewrite YOUR Will according to how he or she has decided it “should” have read.
Of course, if you don’t write a Will at all, then the judge will decide how your estate is distributed and the child you wanted to exclude may be considered as a beneficiary.
This is hardly ideal. After all it’s your estate, isn’t it? YOUR property?
Surely you can leave it where you want?
Well you CAN. But you’ve got to get your Will both watertight AND bulletproof. And that’s where the SABER asset protection system comes in.
With the SABER system we will create you a draft a will including an exclusion clause along with a letter supporting the action. This should ensure that your “excluded” child does not inherit if that’s your wish.
As a word of caution: the child can still challenge the Will but he can no longer say that his parent “forgot” about him; moreover, the judge will also be able to read the letter and, in most cases, this is sufficient to ensure your wishes are carried out.