Wednesday, August 20, 2014
Robin Williams’ did not have a simple family situation, and his three marriages and children from two of them could not have made his estate planning process easy. However, Williams' seemed to have made the best of his complicated situation. While his life and accomplishments are headline news after his death, his estate planning decisions are not. At least not as much as those of other high profile celebrities', such as Philip Seymour Hoffman, and not as detailed. By relying on trusts instead of a will, Williams has ensured privacy for his family and immediate support for his children since they will not have to navigate the probate process.
See Stephen Lacey, Celebrity Tragedies Shine a Bright Light on Estate Planning, Florida Today, Aug. 18, 2014.