The Practical Planner Podcast
Celebrity Estate Plan Horror Stories, From Prince to Heath Ledger
Celebrities have managers, agents, and advisors around them, yet many still leave estate plans that fail their families. Thomas Kopelman is joined by Lisa Hendrix Weigel, Sr. Counsel, Strategic Growth at Wealth.com, to walk through the most instructive cases. Whitney Houston and Heath Ledger signed wills before their children were born and never updated them. Prince died without a will, and his estate spent years in litigation. James Gandolfini and Philip Seymour Hoffman had wills with little estate tax planning behind them. From testamentary trusts that still go through probate to QTIP planning, this episode shows advisors why most horror stories start with skipping the basics.