Estate Planning Lessons From ‘Downton Abbey’
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Wall Street Journal: Money Lessons From ‘Downton Abbey’:
Read original articleIf you need your wife’s dowry to prop up your sprawling manse and a small army of domestic staff, don’t bet it all on a railroad thousands of miles away.
That is one of the lessons gleaned from the television show Downton Abbey, the British drama set in the early decades of the 20th century that just wrapped up its third season on PBS’s Masterpiece….
In between all the plotting and back-stabbing, the characters blunder into a broad array of financial- and estate-planning disasters, from bad investments and messy trusts to poor business-succession plans and power struggles following health crises.”It’s like a law-school exam in what not to do,” says Jonathan Forster, national wealth-management chairman at law firm Greenberg Traurig in McLean, Va.
Tags: Downton Abbey, Estate Planning Lessons, Money Lessons
