Fight or Flight?
Michael Jackson’s sudden death and the skirmishes over who should be his executors, or remain so, should give you pause. You would not want your beneficiaries fighting over your estate and you should want executors with the necessary expertise to manage your assets after you are gone.
Not too much can be done to prevent the former. Jackson’s Will has a “no contest” clause, such that if a beneficiary takes issue with how much he or she is to get, they get nothing. Still, this has not prevented Jackson’s mother from seeking to have herself appointed as an executor or . . . [more]