Tuesday, March 3, 2015
As I have previously discussed, in spite of thorough planning, the estate of Robin Williams faces additional legal action from Susan Williams, the spouse of the late actor. The issues at the forefront concern a fund to pay for the upkeep of the home left to Mrs. Williams and the disposition of Mr. Williams' various collectable items. However, these problems may be avoided by remembering the following tips:
- Specify who gets what item, particularly when the testator has a large or valuable collection of memorabilia.
- Gather all the heirs for a meeting to make sure everyone is clear on the property distribution.
- Bring in professional witnesses during the planning process to raise questions about potential problems and conflicts that might face the estate.
- Include a will provision that will deter potential heirs from challenging the estate plan.
See Tom Nawrocki, Lessons From the Robin Williams' Estate Plan Mess, Life Health Pro, Feb. 25, 2015.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.