David Lenok is a senior editor for Wealthmanagement.com and Trusts & Estates. He's an attorney admitted to practice in New York and writes about general wealth planning issues.
Thinking he was covering all his bases, Tom Carvel of Carvel Ice Cream appointed no fewer than seven executors to manage his estate upon his death. Unfortunately, having so many hands in the pot turned out to be a...
Actor Chadwick Boseman, best known for portraying Black heroes, kept his cancer diagnosis a secret from many. That underlines the need for advisors to urge clients to have all their estate-planning documents in order.