A Legal MinutePreventing disputes
The Hidden Cost of Chasing an Inheritance
The short answer
The cost of an inheritance dispute includes more than the money at stake. It also includes the attorney fees spent chasing it. As legal bills climb, some people decide to accept less rather than spend more on fees than the difference is worth. The firm sees reminding clients of this as part of its job.
From the full episode Avoiding Probate Litigation: Practical Strategies for Families in Arizona (19:59).
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Transcript
When the attorney bills start climbing and everything, everybody kind of looks around and goes, "Hmm, maybe this wasn't so worth it. I'd rather, you know, maybe take 10 grand less, but I'm not going to spend 30 grand with the attorney, so I'm actually coming out on top." And that's also part of our job, to remind clients it's not just the money you're chasing, it's the money you're spending to chase the money, right?
Because you don't want to spend 50 grand to get 20.
That's silly.
Yep. And so that's part of the process as well.
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