Published in Vanilla | Blog
on March 26th, 2021
Most ghost stories are about unfinished business. Whether it’s a spooky campfire tale or a literary classic from the dark imagination of Edgar Allen Poe, a horror story plotline remains the same: the spirits of the departed haunt the living because there’s an unresolved matter preventing the deceased from moving on.
So what does all of this have to do with estate planning?
A poorly made or forgotten-about estate plan is like a ghost: It leaves your client and their loved ones vulnerable to hauntings of the financial kind. When people in mourning have to deal with their deceased relative’s unfinished business, legal entanglements, and complicated tax bills, it makes the grieving process harder. No one can move on.
Here are five tales of estate planning terror… Be warned: They aren’t for the faint of heart. But they are lessons in what happens when you let estate planning fall by the wayside.
This is my Last Will & Testament. It should replace all previous writings. In the event of my death, any day after the above date I want 100% of my funds to be divided equally among my children Andy, Chaia, Larry Jr Chance & Cannon.
Larry King, Media Legend
