Part of the job of estate planning is thinking through the different ways the future might work out — who will survive whom, whether a beneficiary will be a minor or an adult at the time she receives the bequest. It’s important to take a range of possibilities into account.
Yesterday, a real estate broker with whom I work closely called to see if I could help with a property sale from an estate that she was working on. It was a complicated matter and for a while, it looked like a real problem, but then I was able to offer a solution that made it all work.
If you imagine a legal problem as a big, tight knot, then you can think of Negotiation and Litigation as two ways of undoing the knot. Negotiation is like cutting through the knot, and Litigation is like unwinding it strand by strand.
