Sarasota estate planning lawyers will always recommend that people understand the stakes that are involved when you fail to plan ahead for all eventualities. When you formulate an estate plan you are doing so not for your own well-being but for the well-being of those that you love. It is your loved ones who will be suffering the consequences if you pass away without making provisions for them.
The perils of procrastination are revealed by the case of Swedish writer Stieg Larsson. This is the crime novelist who authored the acclaimed book that was eventually turned into a movie The Girl With The Dragon Tattoo. Larsson was very successful financially and it is estimated that his estate was valued at around $40 million when he died unexpectedly of a heart attack in 2004 when he was just 50 years old.
According to reports he lived with the same woman for some 32 years. His closest blood relatives were his brother and father and his girlfriend stated that Larsson was not close to his family.
The matter play itself out in court and in the end the girlfriend got nothing and the entirety of the Larsson estate went to his father and brother.
When you consider the fact that the author lived with this woman since he was 18 years of age you have to think that he would have wanted to provide something for her given his formidable financial capabilities.
This is an example of what can happen when you fail to take action. If you are ready to stop procrastinating and put an estate plan in place the intelligent first step is to sit down and discuss your legacy with a good Sarasota estate planning lawyer.
Co-Executor, PLLC is a member of the American Academy of Estate Planning Attorneys.
Tags: Estate Planning, Inheritance Planning
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Source: http://www.co-executor.com/blog/estate-planning/writers-failure-plan-cost-girlfriend-dearly/
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