Update your estate plan! Here's an extreme example of what can happen to your estate if you don't update your planning! Sir Peter Ustinov's estate has helped improve the financial security of the legal profession! (His will, signed 36 years before his death, was declared invalid by the court.) This real-life case reminds me of the famous fictional case, Jarndyce v. Jarndyce, a fictional legal case in Dickens' novel, Bleak House, which drags on for so many generations that legal costs devour the entire estate!
http://www.telegraph.co.uk/news/celebritynews/9822081/Sir-Peter-Ustinovs-estate-may-be-lost-on-legal-fees-in-bitter-feud.html
Friday, January 25, 2013
Subscribe to:
Posts (Atom)