Law Offices of Joseph F. Pippen, Jr. & Associates
Doris Duke. Mistake: Bad Choice of Executor Doris Duke, the tobacco heiress who died in 1993, had an estimated estate of $1. 3 billion. She inherited most of her money at the age of 12 when her father died. However, she responsibly managed this wealth over the course of her lifetime, increasing the inheritance value. Ms. Duke originally set up her Charitable Trust and Will with her longtime friend and physician as executor. However, months before her death, ill and secluded in her California home with only her butler, and she amended her documents and named her butler as the person to fulfill her wishes. Following her death, the former executor of her estate, her longtime friend and doctor, contested the validity of her decision to change executors, believing that Ms. Duke was not of...
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- Estate Planning
- Probate & Trust Administration
- Family Law
- Medicaid
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