Estate Nightmares of the Rich and Famous

The idea of being a wealthy and famous celebrity is something many people dream about, but few people consider the problems that a lot of celebrities face. Even though many celebrities have excellent advisors there to help them, they just as often don’t get good advice, and in the end, they can leave behind any number of estate planning problems. Marilyn Monroe Though she died in 1962, Marilyn Monroe remains one of the more famous celebrities of modern times. Even the clothes she wore have become incredibly valuable. When she died, Monroe left three quarters of her estate to her acting coach, Lee Strasberg. After Strasberg died 20 years later, his third wife inherited all of his property, including the Monroe estate. Because Monroe didn’t place her property in trust, someone she had never met ended up inheriting most of her possessions. Leona Helmsley Former wife of real estate multibillionaire Harry Helmsley, Leona Helmsley died leaving behind a massive estate. She also left no i


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