The details of director Curtis Hanson's will have been revealed. He left plenty of assets for his family.
Film director Curtis Hanson passed away from an apparent heart attack in September. He left behind a long-time partner, Rebecca Yeldham, and their 12-year-old son. Some of the details of his estate are now becoming public. He left behind a trust that names Yeldham, their son and several other family members as beneficiaries.
The assets in the trust are unknown, but his estate contains approximately $5 million in assets that were not part of the trust. Those assets will have to be distributed according to his will.
Yeldham has requested to be named his executor, as TMZ reported in "'8 Mile Director Generous Will Covers His Kid and Many, Many More."
As of now there are no known disputes over Hanson's estate. However, it is important to note that despite having an estate plan, he may have left the estate vulnerable to disputes. Approximately $5 million in assets that have to be distributed is potentially enough for someone to consider mounting a challenge to his will.
For this reason, estate planning attorneys generally advise that valuable assets be transferred to a trust. It is not clear why Hanson did not have all of his assets in trust
Of course, as Hanson appears to have been generous with his family it is possible that everyone is satisfied. However, it is not known at this time whether anyone was left out of the will or trust.
Please contact Hougum Law Firm, LLC for all of your estate planning needs.
Reference: TMZ (Nov. 13, 2016) "'8 Mile Director Generous Will Covers His Kid and Many, Many More."