Even if you have an estate plan, how well-written is it, and have you kept it up to date? The heirs of Robin Williams have commenced an expensive court battle due to conflicting provisions in his trust. Read more here.
Essentially, Robin Williams' estate plan included a trust that granted his children his memorabilia and awards in the entertainment industry and some other specific personal items, but also called for the creation of provisions to benefit his wife, which included the couple's home and "the contents thereof,” according to his will.
Pitfalls and conflicts such as this are all too common in many trusts I have reviewed. Simply put, not all estate plans are created equal.
We can review your estate plan today to ensure that your heirs don't fall victim to the same unfortunate errors that plague Robin Williams' heirs.
