Haunting Estate-Planning Errors: The One-Gloved Man and His Half-Finished Trusts
For the Halloween episode of Motley Fool Answers, Alison Southwick and Robert Brokamp engage in a spirited discussion of the horrors some folks have visited upon their families' finances from the afterlife, by making big mistakes in estate planning.
In this segment, they look back at the incomplete estate planning efforts of the King of Pop, Michael Jackson, who did have a will. He also created trusts for his heirs so that he could pass assets down to them in a way that bypassed the lengthy probate process. But there's a twist.
A full transcript follows the video.
Source: Fool.com
