The entertainment world will definitely miss both iconic legends, Carrie Fisher and Debbie Reynolds. The unfortunate loss of both mother and daughter has left fans in disbelief and family members to mourn. Family members such as Fisher’s daughter, Billie Lourd and Fisher’s brother, Todd Fisher especially have a lot of conflicts to resolve in regards to the estate plans of both Carrie Fisher and Debbie Reynolds.
According to The Sun, Fisher’s estate is worth around $25 million dollars and Reynolds’ estate is worth about $50 million dollars. Todd Fisher may possibly inherit both estates, but the media has quoted him saying that Billie Lourd can have anything she wants from her mother’s estate. While this inheritance situation may seem at ease, both Fisher and Reynolds’ estates may potentially face probate litigation attorneys. Consequently this may affect who gets what and what happens to each estate.
Although Todd Fisher and Billie Lourd should gain the inheritance of both Fisher and Reynolds, it doesn’t mean they actually will. As a professional estate planning attorney, the problem at hand, is understanding what the trust actually consists of. In fact, it is also important to consider who created the trusts and if the trusts contains any beneficiaries (who are yet to be disclosed). Also, a good estate planning attorney and the instructions enclosed in the trust make a difference of how fast each estate plan can be probated. This could mean months of probate litigation. Furthermore, even if both Fisher and Reynolds’ have strong estate plans, this still leaves the possibility that someone such as another family member may contest the will.