Weinstein & Randisi
Phone:585-310-1578
Toll free:800-768-1780

Resize the Content Text

Estate plan of late comic book icon a cautionary tale

Estate planning and proper preparation for the future are key for New Yorkers of all ages and in every financial situation. This is especially true for people who are wealthy, prominent and getting up in years. For people who are in this situation, having legal assistance is a must to make certain that there is adequate protection for every aspect of their lives. Evidence of how crucial this is recently became evident when the comic book creator and icon Stan Lee died at age 95.

Mr. Lee had been ailing for approximately one year. His daughter, 68, is his sole heir after his wife's death in July 2017. Other issues have hampered Mr. Lee including allegations of sexual harassment made by caregivers and his bank accounts being short of significant money. He asserted that around $850,000 of that missing money was used to buy a condominium. In addition, he had business managers with whom he'd had disagreements and parted ways. For his part, Mr. Lee seemed aware of the issues as he stated he knew he had had problems with business managers and others involved in his life and asserted others should be cautious.

For people who are in this situation - or any circumstance where they are unsure of where to turn with their estate plan and future care - having an idea of how to navigate this process is critical. With any estate plan, there are basic documents like a will, a power of attorney and more that can account for any eventuality. A common factor that should be considered is how the person's cognition is impacted by age and illness. Mr. Lee claimed that his daughter had been abusive towards him and was consorting with a man who intended to manipulate him. He later recanted.

When there are several documents regarding their assets and turmoil in a person's life, it becomes even more vital to have an estate plan that addresses all these issues from the start and people who have the individual's best interests in mind with nothing to gain from it. Health care proxies, trusts, guardianships, wills - all are beneficial in these cases. A law firm that cares about its clients and their future will help to craft estate planning strategies to avoid this type of rancor and help people with their needs. This is the call that should be made at any juncture in the estate planning process.

No Comments

Leave a comment
Comment Information
  • I wanted to write to say how pleased my wife and I were at your professional handling of our estate planning and preparation of new wills. We were put at ease by your visit to our home for an interview and were pleased that you listened to us and captured the things that we felt were important.

    --Robert and Christine Simonson, Fairport
  • In order to finalize the documents we came to your office and were greeted in a very professional manner and we could not have asked for finer service. We left with copies of everything we needed and feel very confident our needs have been met. Thanks again. We will surely recommend you should the opportunity arise.

    — Christine and Robert Simonson, Fairport
  • I have been working with Weinstein & Randisi for about two years now. Elizabeth Randisi, through a very thorough process, has helped my wife and me determine what is really important in our lives. Thus, we were able to draft a living will that reflected our most important values regarding our estate.

    --David and Ajia Cherry, Fairport
  • I would like to give a testimony for Elizabeth Randisi, an estate attorney with Weinstein & Randisi. Her knowledge of wills and estate planning was clearly demonstrated in her presentation to us. Realizing our need for a will, my husband and I went to see Elizabeth.

    --Kathy and Gary Gray, Webster
  • Filing for Medicaid is never an easy or fun process. However, working with the Weinstein & Randisi firm made the process simple and streamlined. We were able to obtain all files and records regarding Medicaid enrollment within a few days using specially prepared checklists and verbiage recommended by our assigned paralegal.

    --Ajia and David Cherry, Fairport
Awarded Top 50 Estate Planning Blog
Email Us For a Response

How Can We Help You?

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Blog Feed

Blog

Weinstein & Randisi - estate planning

290 Linden Oaks, Ste. 200
Rochester, NY 14625

Toll Free: 800-768-1780
Phone: 585-310-1578
Rochester Law Office Map

Map

Call us now for a free, 100% confidential consultation: