Pari-Passu Wills: How They Work

By James Parker
November 29, 2021

When it comes time to create a plan for an estate, there can be a lot of consideration. Trying to decide which party receives what on the basis of nostalgia, equality, or favoritism can be a stressful ordeal. Some authors, however, will opt for a simpler, more elegant solution: a pari-passu will.

Pari-passu originates from a Latin phrase meaning “equal footing.” When used in the context of an estate or will, it means that the entire estate will be divided up evenly between all beneficiaries. This can be a worthwhile effort in order to try and prevent one party from objecting to the will on the grounds that they have not been fairly compensated.

Pari-passu wills ensure that each named member of the will receives a financially equal amount of the assets. This can streamline the division of the deceased’s assets by placing a hard limit on the value of assets each member may take. 

A pari-passu will is not perfect, however. If there is a singular piece of property or home, that home may need to be liquidated in order to be fairly divided among the beneficiaries. 

If you are looking to establish or object to a pari-passu will, you will need the help of an experienced trusts & estates attorney. A trusts & estates attorney can help you navigate the complexities of estate law in your area while helping you create an estate plan that meets your specific needs. The best place to find a trusts & estates attorney is Attorney at Law.

At AAL, our nationwide network of attorneys and law firms can match you with a trusts & estates attorney in your area. Our partners have the resources, legal expertise, and experience to fine-tune an estate plan to your specific needs. 

In addition to having extensive resources and expertise, our partners excel in client care. Our partners are straightforward and efficient and will be able to answer your questions and ensure your experience is an excellent one. 

Don’t wait. Contact AAL today for a free, no-obligation consultation and secure your future.

Featured Trust & Estate Lawyers

Jorgensen, Brownell & Pepin, P.C.

Google rating
33 years in practice
Business Law, Criminal Defense, Divorce & Family Law, DUI Law, Personal Injury
View Profile

Hampton & Pigott LLP

Google rating
11 years in practice
Business Law, Criminal Defense, Divorce & Family Law, Personal Injury, Trust & Estate
View Profile

George Law

Google rating
16 years in practice
Business Law, Criminal Defense, DUI Law, Sexual Assault
View Profile

The Law Offices Of Barton Morris

Google rating
24 years in practice
Criminal Defense, DUI Law
View Profile

The Law Offices of Marc E. Hart

Google rating
38 years in practice
Criminal Defense, DUI Law, Sexual Assault
View Profile

Related Posts

Wills: How They Work
James ParkerJuly 13, 2021
The Basics of a Trust Fund
James ParkerMay 12, 2022
The UTMA: How It Works
James ParkerNovember 22, 2021
What is Estate Planning?
James ParkerMay 9, 2022
Attorney At Law is changing how clients connect with lawyers. By providing an innovative platform to lawyers who want to expand their practice’s reach, AAL is bringing law practices into the future.
6142 Innovation Way
Carlsbad, California 92009
© 2022 Attorney at Law | All rights reserved
Some of the content of this website may be considered attorney advertising under the rules of certain jurisdictions. The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute an attorney-client relationship.
crossmenuchevron-upchevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram