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What To Do When You Want To Contest A Will

When a family member dies, there is a lot to deal with and when it eventually comes time to read their will, there can be a lot of problems. A…

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Contest A Will

When a family member dies, there is a lot to deal with and when it eventually comes time to read their will, there can be a lot of problems. A will is a legally binding contract that sets out the wishes of the deceased. Of course, sometimes their will can be changed or influenced by others causing problems for those who should have benefited from it.

Here, we are going to look at some of the things you should do when you want to contest a will. Keep reading to find out more.

Why You Might Contest A Will

One of the common reasons for contesting a will is in relation to business issues. For example, if you were running a business owned by your father and he died, leaving the business to your sibling who is not involved in the business, you might have something to say about this. Other reasons for contesting the will could be that a property has been left to someone outside of the family with no real reason why and other issues that don’t seem like they sit right.

What To Do

If you do find that you want to contest a will that your family member or business partner has written then you should make sure to get in contact with contentious probate solicitors. These people are experienced in dealing with estates and wills and can solve the problem in a very short period of time. Try to choose a solicitor who knows what they are talking about if you want to have the best possible results.

Remain Calm

Our final tips for handling a contentious probate is to try to remain calm throughout the process. Remember that this is a tough time for everyone involved and tensions will be high. You won’t want to upset other people in your family and you won’t want to get yourself too emotionally involved. Try to stay positive and appreciate that a grieving family might have something to say about you trying to take away their loved one’s possessions or money. This way, things will go a lot more smoothly and you can make the process go through without a hitch.

Final Verdict

If you are thinking about contesting a will of a loved one or a business partner that you feel has not been completed correctly then you should make sure to take our advice on board. Always get in touch with a solicitor who knows what they are doing and make sure that you try to remain calm throughout the process. Consider your reasons for doing this and make sure that you are being genuine. No one wants to have this process drawn out when their loved one dies and so you will want to be civil about it with your friends and family. Follow our advice and you should find that you get the best possible results in the contentious probate.

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4 Major Risks in Contracts — and How to Mitigate Them

Contracts serve to reduce business risk. By spelling out your agreement in plain language for all involved parties to read, you can become all but certain that you will benefit…

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Contracts serve to reduce business risk. By spelling out your agreement in plain language for all involved parties to read, you can become all but certain that you will benefit from a business relationship.

However, that’s not to say that contracts are utterly risk-free. Indeed, there are four main risks that most businesses encounter during the contract process, and when not properly mitigated, these risks can negate any positives you might have gained from the contract.

Instead of wasting time and energy making major contract mistakes, you should read on to learn about the ever-present risks in contracts and the best ways to combat them.

Negotiation

The first risk involved in the contract process is negotiation because it is during this phase that you might neglect to pursue what you truly want and need, that you might lose value in the relationship you are trying to forge and that you might waste a significant amount of time and resources. Too often, you become an expert at contract negotiation through years of poor negotiation, but that virtually guarantees years of less-than-optimal contract performance for you and your business.

You should understand and practice the rules of effective negotiation when the stakes are low, so you can be sure your most important contracts are perfect from the beginning. When you are less experienced, you should rely on those with more experience to guide you through negotiation — even of those more experienced are your underlings. Finally, make sure you are doing the math at each step of the negotiation to ensure you are getting what you need at the costs you can handle.

Inefficiency

Some contracts aren’t worth signing — but are you capable of differentiating these from the contracts that benefit you? Sometimes, the line between good and bad contracts is hair-thin, and if a contract falls on the wrong side, you might be wasting resources in tracking and fulfilling it. This inefficiency can cost you big, especially if more than your share of contracts aren’t great.

Exari’s contract management system is a great solution for reducing inefficiency and ensuring your contracts are of optimal use. Tools like this one will track the content of your contracts as well as the timelines of their execution. This means you can easily compare one contract with another to determine whether you are receiving a comparable benefit, and you can better understand when different milestones will come due, so your business can adequately prepare.

Non-delivery

Unfortunately, even with a contract in place, there will always be a risk that the party you are working with fails to deliver on their written promises. In truth, it is impossible to control the actions of an outside party, and it’s more than likely that you will endure at least one non-delivery during the life of your business.

Still, there are ways to ensure peace of mind with regards to delivery of promises. For one, you should keep copies of negotiation conversations as well as drafts of all versions of your contract. In a contract lifecycle management program, these documents can be kept safe digitally, so they won’t be lost when the need arises. What’s more, software will allow you to search relevant documents for keyword phrases to bolster your case. Hopefully, you can use your evidence to get what you want from the other party without legal intervention.

Lawsuits

Then again, it is equally possible that you might not be able to uphold your end of the bargain. While you have total control over what you agree to and how you perform, sometimes businesses have higher hopes than they have capacities — the topical Fyre Festival is a good example of this. To reduce this risk as low as possible, you should be realistic during negotiations and avoid signing up for a project that is too big to handle.

Additionally, you can rely on contract management tools to keep you on track. Sometimes, non-delivery occurs not out of malice but rather from disorganization. Software tools can convert contractual obligations into tasks and push these to you and your team in a timely manner. Then, you should have a better chance of fulfilling your promises and hit your deadlines — and avoid costly lawsuits from unsatisfied parties.

Risks exist — there is no business that is totally risk-free. However, by planning ahead, acquiring the right tools and committing to your contracts, you can reduce your risk and gain even greater rewards.

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