Speak with an Attorney after Receiving an Unanticipated Inheritance

In Estate Planning by Taylor Stevens

Receiving an unexpected inheritance can in some cases feel a lot like winning the lottery game. Suddenly, you have properties that you did not plan on having. Before making plans to spend any of the inheritance, there are a number of reasons that you must go to with a probate lawyer.

If the inheritance comes with financial obligation or high taxes, you may actually be much better off not getting it. If you invest any of the cash, you can not disclaim it later and prevent the unwanted financial obligation or taxes.
The next thing to consider is that if the inheritance was unanticipated for you, it may also be unforeseen for the deceased’s family members who believed they were going to get it. Speaking to a probate attorney can give you an idea of how likely a challenge is and how long the procedure may be for you to get rid of the challenge.

Whoever left you an unanticipated inheritance did so due to the fact that he or she wanted you to have the property.