Estate Planning of the Rich and Famous

Wednesday, May 20, 2015

By Cassi Teti

Have you ever wondered what happens to the estates of the wealthy when they pass? Most would believe that they would protect their assets, in the form of a will, so their families and loved ones could benefit in the future. But it is not always that easy to do and requires meticulous language and perfectly drawn out instructions.

Unfortunately, for these familiar faces, their poor planning led to hardships and long disputes for their families to deal with long after their passing. Some of their stories seem bazaar, others are classic mistakes many people make when drafting a will and for one, there was never any will constructed in the first place. It is important to learn from these mistakes and make sure you have a full proof concise plan in place. Please take the time to read each of their stories below to ensure your legacy is protected for your loved ones in the future.

  • Chris Kyle-American Sniper
  • Robin Williams-Comedian/actor
  • Mickey Rooney-Actor
  • Casey Kasem-Radio personality
  • Ernie Banks-Professional baseball player
  • Tom Clancy-Author
  • Jim Morrison-Rockstar
  • Ravi Kumra-Silicon Valley venture capitalist
  • Richard Mellon Scaife-Owner of Pittsburgh Tribune Review

Read here.