Estate Planning Red Flag – You have a holographic will

Description

Abstract: Aretha Franklin died more than five years ago, but it wasn’t until this year that a Michigan jury gave her estate planning wishes some respect, holding that a handwritten document discovered under her couch cushions was a valid will. This case illustrates the dangers of so-called “holographic” wills. This brief article details the court case and explains the pitfalls of holographic wills.