Conflicts are brought up when death occurs in a family. The conflicts arise when some people feel that the will was unfair to them since they got something little than what they expected. Often this leads to unnecessary inheritance fights among the heirs making the inheritance process to be very complex than anyone had hoped. Here are some of the complex family situations which makes the inheritance process very difficult.
Rivalry amongst siblings
In case the parents die, tension arises between siblings. This is very common in those cases where the siblings were not close. But the same might happen even where the relationship is good as some individual are hurt by feeling as the inheritance is being distributed. Often the past wrong doings among the siblings contributes to more bitter rifts.
Sometimes when siblings are contributing the funeral cost some end up raising more since the rest may be unable to contribute.Such individuals who have contributed more often feel that they should be given the lion’s share when it comes to the distribution of the various properties. They feel that they deserve more. To avoid these wrangles from happening a family might consider hiring a fiduciary as a trustee.This helps in keeping everything equal.
Different socio-economic backgrounds
Most of the times, we have heirs coming from different socio-economic backgrounds. The ones in more need feel that they should be prioritized when the wealth is being distributed. This leads to more conflicts when the one having a more substantial means fails to understand the situation.
Even the most well-up families are unable to survive these complexities associated with financial inheritance. You will find out that the wealthier heirs prefer to keep some valuable properties like a house while their counterparts might opt to sell such properties for quick cash.
Mental illness or dependency
When one of the beneficiaries suffers from mental illness or dependency, this often leads to lots of strife. In case it was caused by substance abuse, some provisions are set which require the affected person to be sober and clean for a certain period to receive his/her claim. For mental illness, the beneficiary has to be qualified for getting government assistance. Once qualified, the beneficiary can now receive trust disbursements.
Sometimes the car taker might influence the elderly person to do some things. It is therefore very important for the family members to be involved in the care and if possible it should be done in equal measures. This helps in avoiding any undue influence from the caretaker.
Divorce and marriage are always very complex. Questions might arise when one of the heirs decides to get married later in life after divorcing the first wife. It becomes very tricky on who should be the heir. Most of the heirs often resent to the spouses married in their late life.