Haunting Estate Planning Errors: The Case of the Procrastinating Administrator
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 examine the truly bizarre case of Max Hopper, an innovator who died with a large and complex estate but no will or trust. So J.P. Morgan was hired to handle matters. Let's just say folks at the bank are now probably really regretting their failure to expedite matters.
A full transcript follows the video.
Source: Fool.com