When it comes to large estates and substantial assets, it seems that everyone wants a cut of the action. Many times families get split apart arguing over inheritances and what they feel they deserve. For two Manhattan siblings, the will that cut them out of their late father's estate is now being called fraudulent.
The deceased, a successful Manhattan doctor, left behind two children from a previous marriage. The adult children are asking that a judge look into potential estate fraud after being removed from their then, ill father's 2009 will, by way of a 2010 revision. The revised will removed the doctors biological children and left the entire estate to his widow and her children, which she had previously. The biological children are requesting that a doctor who counseled their father and stepmother during their marriage, release details about their sessions and the information shared during.
The deceased's estate is estimated to be worth $10 million to which the 2009 will left half to his biological children. His widow is defending the revised 2010 will stating the lawsuit and allegations are simply an attempt to harass her and her children.
Unfortunately, battles and rifts like this one are more common than people think when it comes to inheritances. Although this family is located in New York, it could happen to any family, in any state. Fortunately, there are ways to protect estates and assets from this type of threat. Speaking to an attorney well versed in estate law can help individuals take the necessary steps to avoid family conflict after their passing. With their help, wills, inheritances and trusts can be organized and managed in a way that helps avoid issues, and get bequests into the hands of the correct people, faster.
Source: New York Post, Siblings claim stepmom filed fake will to get $10M inheritance, Julia Marsh, Aug. 28, 2015