One of our best friends is a very successful financial planner and he often has told us stories of families torn apart because of piss poor estate planning by parents. Seems to me this is just one of our duties as parents - doing the last final thing we can do to protect our children.
Wow, is this gruesome or what?
Deane
Although this is a bit off topic of Cost of Technology I can relate this to you. I was the MIS manager of a medium sized Metro Boston area law firm that specialized in Estate Planning. The attorneys handled for the most part wealthy estates. Can’t believe some of the issues that arose within families fighting over a dead parent’s assets.
The one that always came to my mind was 3 daughters of a guy who was well off, his estate left them $3million each, but they were pi$$ed because their step mom was getting something like $9 million..........not sure how the litigation went because I retired before. YEA I’d call it gruesome.
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