The person whose estate is disposed of in the will is referred to as the “testator.”Ī trust is a type of legal arrangement where one person (the “trustee”) agrees to hold the legal title to a person’s estate property and manage it for the benefit of another (the “beneficiary”). How Can Duress Affect an Estate, Will, or Family Trust?Ī will is a legal document that outlines how you would like your executor or personal representative to distribute your estate after you die. Estate assets might also include money generated upon the person’s death, such as a life insurance policy. The property may be titled solely in the estate owner’s name, held jointly, or owned through a trust. Net worth is determined by subtracting any debts and liabilities from the value of all the property a person owns or controls, including real property, personal property, investments, and other assets. What Is the Definition of an Estate?Īn estate, most simply put, is what someone owns when they die, and that is sometimes referred to as their net worth. However, for someone without your phobia, this kind of threat will probably not rise to the level of duress. If someone held up a jar full of spiders and threatened to release them if you did not sign a contract, you have a strong argument that you were acting under duress if you signed the contract. Suppose you have a deathly fear of spiders that causes you to have extreme panic attacks at the mere sight of a spider. The analysis of whether duress occurred is personal to the threatened person and their fear of the harm threatened. If a legal document was signed under duress, the document is invalid because the threatened person did not sign it voluntarily. Yes, duress is a complex, fact-intensive claim to pursue. When someone only agrees to execute a document because they are being intimidated, the law is likely to void the contract, will, or trust document. In a legal sense, duress occurs when a third party forces someone to do something, such as changing a will, updating a trust, or signing a contract, by threatening their personal safety, reputation, family, financial well-being, or other personal matters. If this type of extreme pressure causes a person to act in a way they ordinarily would not, the action is said to have been committed under duress. What Is the Definition of Duress?ĭuress is defined in the United States as the unlawful use of physical force, false imprisonment, threats of violence, or psychological pressure to compel someone to do something they do not want to do. We see cases every day in which duress comes into play. For example, if a will or trust is changed to favor one beneficiary over another, it’s common for the negatively affected heirs to investigate why they’re missing out on their rightful inheritance. Duress and claims of duress often come into play in estate conflicts and trust litigation.
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