on Aug 22nd, 2007Walter Cronkite Estate Planning Goes by the Will Side
Dancing on red hot coals requires special feet, namely ones shod in steel-toed shoes. Preparing a will, especially if you’re living beyond the average lifespan, is quite similar to this experience. Once your heirs get wind of your intentions about divvying up your estate, beware of dancing fools who devise the most elaborate routines to thwart your every move.
According to an item on Page Six of the New York Post, Walter Cronkite recently discovered “The kids are worried that if he dies, and he is married to Joanne, the majority of his estate will go to her, not them. They want him to sign his will leaving everything to them.” Joanne Simon, 66, is Walter’s galpal. Walter, by the way, is 90. So the moral here, kiddies, is keep your mouth shut and lock your will in a safety deposit box with express orders to your attorney that no one can see it until you either go up in flames or are laid to rest under a newly-planted tree.