29. Money Doesn't Make You Smart: The Gene Hackman Estate Debacle

from The Soup of Wall Street · host Soup Martinez

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 Gene Hackman’s outdated estate plan just turned into a legal circus, all because no one thought to update the documents since 2005.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. Got questions or think I missed a spot? Drop us an email at [email protected] and get in on the conversation!

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This episode was published on March 27, 2025.

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