Prior to starring in his Oscar nominated role in Brokeback Mountain, Heath Ledger made a last will and testament. According to an article from the New York Times on March 11, 2008, Heath Ledger's will did not provide for his ex-fiance Michelle Williams and his 2-year-old daughter Matilda. Heath filed his three-page will in Australia in 2003, which was two years before he met Michelle Williams. The 28-year old actor's will left his entire wealth to his parents and sisters. According to documents filed in Manhattan Surrogate's Court, Heath had less than $145,000 in New York assets at the time of his death. The majority of his fortune remained in Australia with his family. The family of Heath Ledger made public statements that they would provide for his former fiancee and child. We can only hope that this will happen as I am sure that Heath would have wanted to provide for all of his family.
3 Important Lessons Learned from the Estate Planning Mistakes of Heath Ledger
First, it is important to update your will or trust if your life has changed...birth of children, death within your family, marriage and divorce. An updated will could have provided for the distribution of wealth to Heath's former fiancee and child. Second, the laws of intestacy in New York does not provide for a significant other. Special provisions may be drafted in a will or a trust to provide for a significant other. Third, if you move to another state or a different country, the will and other estate planning documents should be updated to reflect the your current needs and conform within the laws of that particular state or country in which you reside.
You should consult with your attorney to update your will.
This site and any information contained herein is intended for informational purposes only and should not be construed as legal advice.
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