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May 1, 2008 12:00 PM
Father Does Not Always Know Best
The shock of actor Heath Ledger's untimely death has passed, but questions still linger. Although only 28 when he died, Ledger had a will. Yet the multi-millionaire left his only child with a mere $145,000. The baffling part is: Why would someone who was careful enough to have a will at such a young age not update it when he became a father?
Born Heath Andrew Ledger, the Academy Award-nominated actor best known for his roles in Brokeback Mountain and Monster's Ball died accidentally from a prescription drug overdose on Jan. 22, 2008 in a rented loft on Broome Street in the SoHo section of New York City. Ledger left a multi-million dollar estate, with assets in native Australia as well as New York and California. He also left behind a two-year-old daughter, Matilda Rose, fathered with one of his Brokeback co-stars, Michelle Williams, whom he never married.
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| Estate Tax | Donor Advised Funds |
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Topics of Interest
| Estate Tax | Donor Advised Funds |
| GSTs | Family Offices |
| Private Foundations | Life Insurance |
| 2010 Tax Act News | Industry Trends Surveys |
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