Celebrities, they're just like us. At least, they are when it comes to estate-planning mistakes.
You'd think that high-profile individuals with substantial and varied assets, often-complex family lives and a team of high-powered advisors at their disposal would have this locked down, more so than your average American. But that's not so, attorney John Scroggin, a partner with Scroggin & Company in Roswell, Georgia, told advisors Thursday at the Financial Planning Association's annual conference in Baltimore.
"Celebrities make the same mistakes," he said. "It's just that the nature of their celebrity exaggerates and balloons the impact of what the mistake was."