Pankauski Law Firm PLLC

Florida Woman Signs Away Her Rights to Inheritance, Court Holds Valid. 3 Things to Consider Before Signing a Settlement Agreement.

Will contests can get bitter and last years. Usually parties complicate the litigation to the point where an actual trialon all the issues raised may be largely impossible. This is where mediation comes in, all cases in Florida go through mediation. Mediation is not in and of itself binding, but if you forfeit your rights under a mediation agreement the courts will hold you it, absent a finding of fraud or mistake. As the case I outline below shows, merely having a change of heart is not enough to warrant over turning such an agreement.

This is a probate debate but this lesson hold true for all legal matters. Here are three things to consider before entering into a settlement agreement on any legal matter:

  1. Your not only waiving this case but probably all related claims. Often these agreements will be called universal settlements and released, that means that any thing related to the case or controversy will also be deemed settled. If you are worried that issues may arise later, it may be ideal for you to consult an attorney before signing a settlement.
  2. Your view may change but the agreement does not. I cant help but feel bad for the sister here because she knew she was on the fence, that’s why she asked to take the agreement home for a night. Just remember that your stuck with this settlement in the future, if you are on the fence ask for the offer to be extended because…
  3. Offers do not last forever. You may not have an infinitie amount of time to take an offer, often they last five of fifteen days and no more than thirty days. After the expiration you no longer have a right to accept the settlement.

So yes, time is of the essence but at the same time you have to take your time, the truth is finding the perfect balance can be difficult if not impossible, so consult a specialist before you sign away your rights.

Exit mobile version