In this article, our Winnebago County probate litigation attorneys explore family settlement agreements in Illinois probate litigation and trust disputes.
Family settlement agreements can be used to avoid costly litigation and ease tensions between family members. The parties in a dispute can agree to a broad range of terms that are upheld as long as they meet the requirements to be a valid contract. The agreements, however, must not only be agreeable to the interested parties, but must also meet the wishes of the creator of the trust or will.
Read more on family settlement agreements by our Winnebago County probate litigation attorneys.