Wednesday, October 06, 2010

The Will of Teddy Pendergrass

The famed Teddy Pendergrass, who died in early 2010, is back in the news. It seems that his second wife and son are both locked into a will challenge. 

Will challenges are never fun, and as you'll see from the article, become nasty and time consuming battles.

How do you avoid what happens to Mr. Pendergrass' estate? 

• Never keep your old wills, or copies of old wills. Whenever you re-write your will, destroy the old ones immediately.
   
• Never write anything on your will, nor add or remove pages to it.
   
• Keep your will in a safe place, usually a fire proof records safe at home. 
   
• However, depending on your age and circumstances, you can leave the will with your executor (in this case, if Teddy really wanted his son not to be cut out, perhaps he should have followed my instructions, particularly this one).

Here is the article link. Enjoy: Philly.com Article

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