Hire a mediatorThis neutral third party can help family members productively work through differences and typically costs less than a legal battle.
Liquidate all assets firstSometimes it’s hard to divide assets equally, even when trying to do so. For instance, some assets, like a home, may be worth more than other assets. To help divide assets fairly, everyone involved can agree to liquidate all assets and then split the proceeds equally.
Appoint an independent executor or trusteeSometimes problems arise if a family member is assigned as the executor. In these situations, the person can decline and select an independent fiduciary, like an estate planning attorney. Having a neutral third-party involved can help ensure everyone feels the process and division of property are being done fairly. Read More About Estate Planning
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