The Harvard Law School Program On Negotiation describes a negotiation as a process of finding your counterparts’ interests and reconciling them with your own to achieve a specific outcome. Negotiated agreements happen through back-and-forth communication to reach a...
In the course of your career, you are likely to perform many duties that were not explicit in the job description at the time of hire. If you are an entrepreneur, you are probably quite familiar with the concept of wearing many hats in your business. Negotiations...
The Legal Information Institute of Cornell University defines an agreement as a manifestation of mutual assent by two or more persons to one another. It is a meeting of the minds with a common intention, and it is achieved through offer and acceptance. Commonly...
Even with proper estate planning, disagreements can occur. In these cases, follow these best practices: Hire a mediator This neutral third party can help family members productively work through differences and typically costs less than a legal battle. Liquidate all...
Inheritance disputes can be time-consuming, expensive, and emotionally taxing on the surviving family. Fortunately, proper estate planning can help reduce and even prevent disputes from happening. How to avoid inheritance disputes Talk openly and honestly with family...
Several factors can lead to inheritance disputes, including: When there’s an inequality in the will An inheritance dispute can occur if a family member wasn’t included in the will or felt another member was favored over the others. This often happens among siblings if...
An inheritance dispute occurs when the beneficiaries of a will disagree about how the person’s estate should be divided. How long does an heir have to claim their inheritance? The executor or trustee of the estate is responsible for informing beneficiaries of their...
In this section, we’ll cover everything you need to know about obtaining a living will yourself. Where can I get a will? Depending on the state of your affairs, you may decide to DIY it or hire an estate planning attorney. If you can DIY it, check with your state’s...
The best answer to this question is “as soon as possible.” No one knows when their health could fail them and they could become incapacitated. For example, you could suffer an unexpected stroke or get in a car accident tomorrow. When it comes to important health...
A living will is not the same thing as a last will & testament. Living wills refer to medical decisions while last will & testaments refer to the inheritors of your property. As you consider your estate planning, know that your health and assets should both be...
