By now, we've all digested the controversial news that Prince Harry and Meghan Markle are stepping down as senior royals and moving to Canada. A lot of opinions have been shared, but I'm going to unpack the estate planning lesson from their withdrawal. Should the Sussexes embrace Canadian culture and get a winter residence here [...]
Strip club king Peter Stringfellow left only a £1M estate despite amassing a £37M fortune. Flamboyant Peter, who died in June of 2018 at the age of 77, left most of his surprisingly small estate to his third wife, Bella, 41 years his junior. It's unclear whether the businessman's estate was smaller than he anticipated [...]
Gloria Vanderbilt, the railroad fortune heiress, left most of the Vanderbilt fortune to her youngest son, Anderson Cooper. On a personal note, I just love Cooper’s giggle, and feel for that reason alone she made the right choice! Vanderbilt’s eldest child, Leopold Stanislous Stokowski, was left with his mother's apartment in Manhattan and Vanderbilt's other [...]
It happens sometimes. Not to me, because I have the BEST clients ever, that read my crazy newsletters diligently (love you too baby)! But my estate planning lawyer friends tell me that it happens....a husband and wife come in for estate planning and then one of the spouses reaches out "privately" to the lawyer to ask [...]