Tag: wills and trusts
In Terrorem Clause: Putting a No Contest Clause in Your Will
No-contest clauses in a will discourage or prevent people from challenging the will in court. Lawyers now rarely use the Latin language as they did at one time. But one surviving Latin language phrase known as the in terrorem clause goes into a will literally to place potential challengers “in […]
Wills and other Basic Estate Planning Documents
Most people understand that a will takes care of divvying up money and property after someone dies. But other estate planning documents exist that also offer the opportunity to nail down personal affairs. What other basic estate planning documents exist? What difference exists between a Will and a Living Will? […]
