As you can see, I had a few articles sitting on my desk to blog about. This is my last (and shortest).
You probably heard about McNair's murder by his girlfriend who then killed herself. Very said case. Okay, that was old news. Did you then hear who is the executor of his estate? His wife. It appears they were separated, but not divorced.
The problem appears that McNair never bothered to do a Will. Under most intestate laws, which applies if you do not have a Will, the entire estate generally goes to the spouse. Separation is usually irrelevant-if your married, your spouse takes it. If the decedent had children from a prior marriage, they typically share in the estate.
I would venture to guess that Mr. McNair probably didn't intend that a large part of his estate go to his potentially ex-wife, nor that she becomes the executor of his estate, but who knows for sure. I am sure that if he had done a Will, he would have left behind his wishes for his estate and unlikely would have wanted the State of Tennessee to be deciding who is the executor and who inherits his assets.
My Best,
Jim
Wednesday, July 22, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment