In this economy, a new formula has emerged, according to Troy probate attorney Andrew Mayoras. The formula goes like this:
Rich + dead = disputes over your estate.
Read the Detroit Free Press story about the estate of Michigan billionaire and owner of the Detroit Pistons William Davidson.
I can’t begin to tell you how real this is. Currently my grandmother’s estate is being attacked from every side. It’s really disappointing to watch it happen. As an attorney it’s very hard to refrain from stepping in, but it just isn’t my place in this situation.