Entries from August 2007
Celebrity Estate Planning
I had two clients today mention the $12 million pet trust Leona Helmsley had established for her dog. I had been cut off from most media, so I had to check it out. It reminded me of some other famous (or infamous) estate plans. There’s Anna Nicole Smith, of course, whose […]
Why People Don’t Plan
According to a Harris Interactive study done in March 2007 for Lexis/Nexis, 55% of adult Americans don’t have a written estate plan. No will, no trust, nothing in writing. That same study found that a common reason that people didn’t have a written plan was the belief that one didn’t have enough assets […]