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Reply to "Gene Hackman R.I.P."
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[quote=Anonymous]I have to wonder what happens with the estate because I suspect they all thought Gene would die first. Did they set things up to accommodate her dying first? I know a family where a later in life second wife’s extended family had been promised that they would inherit from her. She married a wealthy man late in life who was twenty years older, her family was not at all wealthy, and she was not wealthy. They had no kids themselves, she was 50 when they married. And it is true that the will/trust was set up entirely to benefit her survivors and effectively disinherit the first kids. She actually got him to sign a will/trust doc benefiting her, and then in her own will, sent all assets to her extended family. He has borderline dementia when he signed his will/trust doc, which eventually became full dementia, and probably wasn’t competent, but impossible to prove. But she got a surprising aggressive cancer and died in three months. The husband’s survivorship clauses directed all his assets to his own kids if she predeceased him. So her family got nothing. They were so pissed they tried to challenge his will, they had made financial decisions assuming they’d inherit everything from him even after she died. Of course they were laughed out of court. [/quote]
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