TuckerAllen estate planing attorneys Jim Gau and Kevin Mason review oral estate agreements and their enforceability.
When someone dies without an official will or estate plan in place, potential beneficiaries might claim an oral agreement was in place to determine what happens to the estate. However, oral agreements are extremely difficult to enforce. Mr. Gau and Mr. Mason discuss the circumstances when these oral contracts are honored, what determines whether or not the agreement should be honored, and more.