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Renegotiating the distribution of an estate... (self.personalfinancecanada)

submitted 2 years ago by TemporaryBoyfriend to c/personalfinancecanada

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It's a long story I'd rather not get into, so I've simplified it into a single long question...

Assuming a will is valid, but circumstances have changed dramatically since the time the will was written, and there was no opportunity for the person to re-write the will due to incapacity, is it possible to renegotiate the distribution of the proceeds of an estate with other beneficiaries?

Just wondering aloud if anyone's been through this.

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[–] investorsexchange 1 points 2 years ago

That’s probably true.

Another option might be to hire a professional executor. Or an arbitrator.

This is why it’s a bad idea to name all the beneficiaries as executors. (I know this doesn’t help OP.)