In a large estate, with few inheritors, what happens when there are serious allegations about elder abuse levied at the beneficiary? This exact situation is playing out, in the recently revealed details of a pop culture legend's dealings with his only daughter.
There has never been a plan that has perfectly withstood the act of implementation. That includes estate plans. Because of that simple fact, it is vital that you select an executor who will minimize the possibility of a lawsuit.
The media frequently airs dirty laundry about celebrities who exclude their closest family members in their estate plans. For example, Jerry Lewis famously and intentionally excluded six of his children in his will. Mickey Rooney and Tony Curtis also disinherited their biological children in wills that were created just weeks prior to their deaths.
Nobody likes to argue or fight, especially about estate matters that concern their family members. But nobody likes to stand by and watch the mishandling of important legal or financial affairs either. This awareness or suspicion of negligence, fraud, irresponsibility or mismanagement is the place where many trust, will and probate disputes begin.