Recently, the Wills, Trusts & Estates Prof Blog published a list of lessons in an article titled “Learning From the Estate Problems of Robin Williams.”
The list includes:
- Specify who gets each particular item, especially if the items are valuable. Williams grouped many of his valuable possessions together in his estate plan. Which specific items belong to which group is a point of contention.
- Hold a meeting of all heirs so that everyone knows who gets what beforehand.
- Have professional witnesses oversee the process so that they can raise appropriate questions about any ambiguities.
- Include provisions in a will that make it difficult to challenge.
Now, would be a good time to review your estate plan with an experienced estate planning attorney to make sure that you have not made any of the same mistakes.
