Usually, revoking a will is a purposeful act. But many states have laws that automatically revoke a will, or portions of it, in specific situations.
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lastwillandtestament
Amy Winehouse: Back to Black
Amy Winehouse died young, aged just 27. It was initially thought that her estate planning was in place with rumours that her will had been updated after her divorce from ex-husband Blake Fielder-Civil. Sadly it turned out that this was not the case.
Sir Christopher Lee: Prince of Darkness
If there was a villain to be played in a movie, chances are they were more than likely played by Christopher Lee. From terrifying audiences as "Count Dracula" in the old Hammer Horror movies, to “Saruman” in the Lord of the Rings and Hobbit trilogies, to Bond villain “Francisco Scaramanga” in The Man with the Golden Gun, he carved out a career that would last decades. Yet the illustrious actor's estate had a net worth of "nil" noted on documentation presented for probate. How could this be?
An Estate Dispute Is No Joke
Estate disputes highlight the need to be clear about our intentions when it comes to estate planning. A well-drafted will can lead to a lot less heartache for your family.
Why Should Millennials Care about Estate Planning?
More and more millennials are now prioritizing creating their Wills or Trusts in response to the huge changes that have impacted society over the last year.
Prince - $200 Million Estate Is Still Contested
Prince had no will and six heirs. The singer’s estate remains as unsettled as it was the day he died in his Paisley Park mansion outside Minneapolis.
5 Avoidable Mistakes in the Will You Write
While most people opt to have a lawyer draft their last will and testament, there is no requirement that an attorney do so. If you do opt to draft your own will, make sure to avoid the following five mistakes!
Drafting Your Own Will
You can easily draft your own will through one of two methods: type it yourself on a computer or typewriter, or create one through an online program. Although handwritten wills are permitted, creating a formal, typed document is less likely to cause trouble.
Estate Planning for Everyone
These are a few of the initiatives you can take now to start managing your estate. While larger estates may have different concerns than smaller ones, the key is to recognize that planning is the issue, not size!