Illinois Estate and Trusts Dispute Mediation Lawyers
Mediators for Disputes Over Estates and Trusts in Rolling Meadows and Wheaton
When a loved one dies, disputes often arise over how their estate or trust is being administered. Disagreements over estates and trusts can be very costly both emotionally and financially, especially when they end up in court. One viable alternative to traditional litigation is to have these disputes mediated. This should be done with the guidance of a skilled mediator.
At A. Traub & Associates, we have provided estate and trusts dispute mediation for several years. Attorney Angel Traub is a certified mediator with in-depth experience and extensive knowledge of the process. She has a high rate of success in helping families resolve disputes over the estates and trusts of their loved ones, allowing them to stay out of court and keep the legal costs down.
Common Estate and Trust Administration Disputes
Whenever the assets of a deceased loved one are in question, there is the potential for disputes among stakeholders. Some of the most common include:
- Family members contesting the validity of a will or trust.
- Disputes over the interpretation of a will or trust.
- Disputes over how certain assets should be distributed.
- Disputes between members of a blended family.
- Disputes over succession plans for family-owned or closely-held businesses.
- Disputes over fees that should be paid to an executor or trustee.
- Accusations that an executor or trustee has mismanaged the assets of an estate or trust.
The Advantages of Mediating Your Estate or Trust Dispute
Mediation is the process by which a neutral, third-party mediator meets with the parties to a dispute in an attempt to resolve their differences on their own. The process is non-binding, and a settlement is only valid if all parties agree to it. If they are unable to reach a settlement, the parties are free to end the mediation process and pursue other legal avenues.
If mediation is successful, it can significantly reduce the legal costs associated with settling an estate or trust administration dispute. The parties can also save a lot of time, as the process is usually completed more quickly than by going to court. Mediation sessions are kept private and confidential, and because the process occurs in a cooperative rather than combative setting, there is a much greater chance of preserving valuable family relationships.
Speak With an Experienced Arlington Heights Estate and Trusts Administration Dispute Mediation Attorney
Losing a loved one is always difficult, and when there are disputes over their estate or trust, the emotional stress is multiplied. At A. Traub & Associates, we are committed to helping family members resolve these disputes with minimal emotional and financial cost. For a personalized consultation with Attorney Angel Traub, contact our office today at 847-749-4337.