Inheritance hijacking is when someone steals or diverts estate assets through tactics like falsifying wills or pressuring elderly relatives. Many don't realize these actions are felonies. Protect yourself by creating an asset inventory with named beneficiaries, drafting a formal estate plan with an attorney, and discussing your distribution plan with family beforehand.
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Inheritance hijacking. Do not allow yourself to become a victim of this. And if you will watch this video, you won't. Very simply, it's just various forms of someone stealing the assets of an estate. Examples would be a trustee stealing money from a trust. It could be someone falsifying a will or destroying a will. Another example would be where someone puts a lot of pressure on an elderly person to write a will a certain way. The fact is a lot of people don't realize that it is a crime Some of the things I've described could constitute a felony. You can avoid inheritance hijacking in your estate by doing the following things. Number one would be making a complete inventory. Clearly mark who should receive each item. The next thing would be to complete an estate plan. Go to an estate planning attorney, and whether it be a will or a trust, make sure you have a plan in place. And then total transparency with the family. Sit down with all your family members at once before you die. Never works as well after you die. And let everyone know who is to receive each item. Now hit the follow button and you'll be good.
