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Illinois Man Makes Interesting Estate Planning Decision

February 21, 2013 by John Potter

A man named Ray Fulk, who did not have any children or close relatives, died last summer in Illinois. He owned 160 acres of land that he inherited from his father that is valued at around $1 million. He was also in possession of over $200,000 in additional funds.

Though he was by no means indigent he lived in a farmhouse that did not have any running water. He kept to himself and did not have very close friends according to reports.

Apparently he did have access to television during the 1970s, 1980s, and 1990s. He left his entire estate to Kevin Brophy and Peter Barton, a couple of television actors who were very surprised to hear the news.

Brophy got his big break when he was given the title role in the Lucan television series that only stayed on the air for one year. Barton had a longer period of success, and he is perhaps best well known for his role as Dr. Scott Grainger on The Young and the Restless.

The attorney who drew up Ray Fulk’s last will has been quoted as saying that his client sent letters to these two actors. They were nice enough to send brief responses. Presumably this is why Fulk considered them to be his “friends,” which is the term he used to describe his relationship with the actors to his lawyer.

In addition to Barton and Brophy the only other entity on Fulk’s inheritance list was a Chicago area organization that is devoted to the prevention of cruelty to animals. He left the group $5000.

If you would prefer that your estate planning decisions not be a matter of public record, you should consider using a revocable living trust.

 

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John Potter

Latest posts by John Potter (see all)

  • What Happens If I Leave Assets Out of My Living Trust? - February 15, 2019
  • What are the Advantages of an Irrevocable Trust? - February 14, 2019
  • Charlotte Medicaid Attorneys Explain How to Protect Healthy Spouses - February 11, 2019

Filed Under: Estate Planning, Inheritance Planning Tagged With: Estate Planning, Inheritance Planning

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My husband and I selected Ms. Potter to assist with our small business. She responsive and attentive every time I have a question or need assistance, and is extremely knowledgeable and able to answer any legal question I have had. I know I can count on Ms. Potter for all of my business legal needs and I would highly recommend her to anyone needing legal assistance with such.
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John Potter has been a real pleasure to work with. He is very knowledgeable and explains things in a very simplistic manner so the average person can understand how/why the laws are written. He is very attentive and asks questions in such a way that not only helps him understand your goals, but also helps you think about what type of goals and expectations you should be considering. Exemplary client service.
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Overall The Potter Firm was very professional. They took what could of been a very complicated process and were able to break it down so it was a lot easier to understand. We are confident we now have made the right decisions in our estate planning. Good firm to work with.
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