By Lane V. Erickson, Idaho Estate Planning Attorney
As an estate planning attorney for more than 20 years I’m always interested in new stories involving individuals and their estate planning. I always feel like we could learn from both the mistakes and the successes of those individuals around us who have either done things wrong or right. This article is based on Jeffrey Epstein who recently died from suicide in his New York City jail cell after being arrested and imprisoned for his alleged criminal actions involving several female victims who claimed he sexually assaulted them. Mr. Epstein is worth a reported $559 million.
Mr. Epstein passed away without any wife or children and his closest living relative is a brother who appears to be the only person who could claim Mr. Epstein’s estate as an heir. However, with several civil lawsuits already pending and more likely to come from the victims of Mr Epstein, the question has to be asked who will receive Mr. Epstein’s estate?