Will No-Contest Clause Example?
For Example, Say You Have Two Grown Children, One of Whom Cannot Handle Money Responsibly. If You Leave Him $10,000, He Might Think Twice About Challenging...
For example, say you have two grown children, one of whom cannot handle money responsibly. If you leave him $10,000, he might think twice about challenging your will, because if he sues and loses, the no-contest clause means he wouldn't get the $10,000.
Should I include a no-contest clause in my will?
A no-contest clause provides that if an heir challenges the will or trust and loses, then he or she will get nothing. A no-contest clause may be a good idea if you have a beneficiary who may be upset by the property distributed to him or her.
How do you word a no-contest clause in a will?
Although the specific wording of a no-contest clause may take many forms, the following is a basic example: The gifts in this, my Will, are made on the express condition that none of the beneficiaries shall oppose or contest the validity of this Will in any manner.
Alexander Ross has covered the video game industry for a decade, writing deep dives on game design, esports tournaments, VR developments, and gaming culture.
