Introduction
Everyone is concerned about the cost of a will contest or an inheritance dispute in Texas. Below, I have outlined the normal cost so you will learn how much an inheritance dispute or a will contest will cost.
Understanding the cost of will contest in Texas
Hourly Rate with Retainer
Our preferred way to bill for contesting a will is on an hourly basis, where the client deposits a retainer, and we bill against that retainer. We keep track of our time and expenses and pay our monthly bills out of the retainer. Whatever is left in the retainer at the end of the case is returned to the client. If the retainer gets low, the client is required to bring the retainer back up to the initial amount. Within six months of the trial, the client must keep the retainer at the initial amount each and every month. Retainers are based on the facts. Will contests and other challenges to wills involve litigation, which can get expensive.
Contingency fees
If you don’t have the money for a retainer, does that mean that you can’t afford to proceed with your will contest or inheritance dispute?
Not necessarily. In a few select cases, we may agree to represent you in challenging a will on a contingency basis. The estate must be substantial, with your part being $500,000 or more and you must be seeking reasonable goals. If the estate you are concerned with is substantial and you want to talk to us about representing you on a contingency basis, contact us and tell us about your situation.
Statute of Limitations
Remember, the statute of limitations applies to will contests and other challenges to wills just as it does in any case involving litigation. If you wait too long, you may lose your right to contest a will even though your claim is good.
What should you do?
If you have an inheritance dispute, you must take action. If you want to discuss the cost of handling an inheritance dispute, click the “Contact Us” button above.