Celebrity Estate Planning: Misfires of the Rich and Famous V

Schnader’s Erica Howard-Potter co-authored an article titled, “Celebrity Estate Planning: Misfires of the Rich and Famous V,” in the September/October issue of Probate & Property Magazine. Read the full article here.

Mistakes are often made in estate plans. Unfortunately, the consequences can be devastating. Celebrities are not immune and can be just as guilty of inattention and poor planning as regular people. When estate planning misfires occur, grieving family members can end up fighting with each other and with taxing authorities. The problems and issues discussed below involve celebrities, but the issues should be considered carefully, as they relate to everyone.