When Your Life Is On The Line

When Your Life is on The Line Talk to us Today
  1. Home
  2.  » 
  3. Probate Litigation
  4.  » Probate litigation involves millions of dollars, claims of fraud

Probate litigation involves millions of dollars, claims of fraud

On Behalf of | Sep 3, 2013 | Probate Litigation

Readers in Nevada may be interested to learn about a case that is currently being discussed in a court in another state. In that matter, which is a probate litigation, the family and friends of a deceased man are arguing over the validity of his last will. That document disinherited many potential heirs, some of who are now involved in the litigation.

According to a report, the man at the center of this probate litigation had an IQ of only 67-70. This meant, some argue, that he may have had difficulty understanding many of the documents that he signed in his waning years. These documents included several wills, powers of attorney and documents related to the sale of a portion of his valuable real estate.

At the time of his death, the now-deceased man owned 57 acres of farmland that are located in an area that is prime for development. That meant that the property had a value of several million dollars. However, at the time of his death, the man had only $433 in his bank account. This after he had recently acquired some $1.5 million in a dispute over the sale of a portion of his real property.

As is the case in similar probate litigation matters in Nevada, the potential heirs of the deceased man have sought to challenge his final will. This challenge asserts that those around him unduly influenced him into signing estate planning documents that disinherited much of his family. It is now up to the court in to decide this mater and to make a determination which of the wills that were signed is valid. In such situations, it is important for potential heirs to consider the laws of our state and how they will apply before seeking to dispute the settlement of an estate.

Source: jsonline.com, Even in death, bachelor farmer’s valuable land stirs legal battle, Annysa Johnson, Aug. 31, 2013