Tag: celebrity

20 Dec

Notable Celebrity Testators

Doreen So Estate & Trust, Estate Planning, Executors and Trustees, Funerals, General Interest Tags: , , , , , 0 Comments

It is that time of the year when media outlets release their “top” or “most popular” lists, like the Time 100.

I came across a rather interesting and topical list the other day called “The Most Obnoxious Celebrity Wills” by Ranker.  This particular list features 24 celebrity Wills and I will excerpt some of the notable mentions here:

  • Napoleon Bonaparte’s Will was first on the list. Apparently, his Will included a direction for his head to be shaved and for his hair to be divided amongst his friends.

 

  • Harry Houdini asked his wife to hold an annual séance to contact his spirit.

 

  • Philip Seymour Hoffman wanted his son to be raised in three different cities: New York, Chicago, and San Francisco.

 

 

  • Charles Dickens gave directions for a particular dress code at his funeral.

 

  • Fred Baur, the person who designed the Pringles can, wanted to buried in a Pringles can.

Turns out testamentary freedom is whatever you want to make of it but the enforceability of provisions like these are another matter.

Thanks for reading and Happy Holidays!

Doreen So

02 Feb

Ashes to Ashes in Bali: David Bowie’s Last Will and Testament

Doreen So Estate & Trust, Estate Planning, Executors and Trustees, Funerals, General Interest, In the News, Trustees, Uncategorized Tags: , , , , , , , 0 Comments

David Bowie’s Last Will and Testament was filed last Friday in Manhattan’s Surrogate’s Court.

The Bowie Estate is purported to be worth $100 million.  Bowie’s wife, Iman, will receive one-half of the Estate, in addition to their SoHo apartment, in a trust managed by a “pair of New York lawyers” according to Vanity Fair.  As reported by Page Six, the executors of the Bowie Estate, William Zysblat and Patrick “Paddy” Grafton Green, will pay Iman income from the trust four times a year.  Iman will also have the right to seek additional funds paid to her in support of her “health, education and maintenance”.

Bowie’s son, Duncan Bowie, will receive one-quarter of the assets of the Estate outright.

Bowie’s daughter, Lexi Bowie, who is presently 15 years old, will receive the remaining quarter of the Bowie Estate when she turns 25 years of age.  Lexi will also inherit Bowie’s vacation home in up-state New York at that time.

Various members of Bowie’s staff were also provided with sizeable cash bequests.

In addition to carrying out Bowie’s estate plan, the executors of the Bowie Estate were directed to transport Bowie’s remains to Bali so that he may be cremated in Bali in accordance with the Buddhist rituals of the country.  While recognizing the potential difficulties in carrying out this task, Bowie’s Will also allows for his cremation to take place elsewhere, and for his ashes to be scattered in Bali.

In Ontario, there is no legal requirement for an estate trustee to follow the directions of the testator as it relates to manner and place of the burial.  Such wishes are merely precatory.

Thanks for reading,

Doreen So

30 May

Wills of the Rich and Famous

Hull & Hull LLP Archived BLOG POSTS - Hull on Estates, Wills Tags: , , , , , , 0 Comments

There has been a lot in the press recently regarding the estates of the famous and the near-famous.  Arguably, too much time has been spent by the media covering the estate issues surrounding the passing of Anna Nicole Smith and the estate implications, Similarly, the estate of James Brown has attracted a lot of media attention.

Presumably, the media is just giving their readers what they want.  The public has a prurient interest in the lives (and deaths) of celebrities.

The Internet definitely panders to this interest.  From an estate point of view, those who are interested in this sort of thing are able to find a wealth of information regarding the estates of the rich and famous.

For example, on the Smoking Gun website , one can find the last will and testament of Katherine Hepburn, John F. Kennedy Jr., Bob Hope, and Marilyn Munroe, amongst others.   At  Celebrity Collectables, surfers can purchase the wills of hundreds of celebrities.  Often, other probate-related documents are available, including asset inventories, death certificates and funeral particulars. Links to may wills can be found at Taxprof Blog. It appears that there is no rest for the famous, or respite from the prying eyes of a celebrity-crazed public.

Paul Trudelle

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