New Orleans Louisiana Agreement of Adult Child Not to Contest Will of Parent

Category:
State:
Multi-State
City:
New Orleans
Control #:
US-01620BG
Format:
Word; 
Rich Text
Instant download

Description

Generally, an agreement by one interested in the estate of a testator to refrain from contesting the will is valid. Forbearance to contest is a sufficient consideration where there is a reasonable ground of contest and a possibility of success. In this case the consideration to the adult child is the setting up of an irrevocable life insurance trust in favor of the child.

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New Orleans Louisiana Agreement of Adult Child Not to Contest Will of Parent