The Soup of Wall Street
Welcome to The Soup of Wall Street podcast where we'll dive deep into headlines, personal finance, and anything else that might make a dent in your wallet.
Expect a mix of informative insights and some good old-fashioned banter along the way. We're here to make finance talk as lively and engaging as possible. After all, who said money matters had to be a snooze-fest?
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The Soup of Wall Street
29. Money Doesn't Make You Smart: The Gene Hackman Estate Debacle
Rich people aren’t automatically good with money. Even an $80 million fortune can’t save you from poor financial decisions. Gene Hackman’s outdated estate plan just turned into a legal circus, all because no one thought to update the documents since 2005.
Many people don’t want to deal with the stress that millions of dollars comes with, and some just delegate those decisions away. Here’s the bottom line: Money ≠ good planning, and your estate plan won’t update itself.
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