Sometimes even the slightest bit of kindness can pay big dividends, and this can be true even when you may feel as though you are on top of the world at some point in time.
With this in mind an interesting estate planning story has been circulating recently that we would like to share.
A man named Ray Fulk, who passed away last summer in Broadwell, Illinois, took the time to draw up a last will though he had no close family or children. He was more or less a loner who lived on his farm in a home without any running water. Not one for much social interaction he is said to have had few friends.
There were however a couple of individuals who had touched him over the years that he did consider to be his friends. They were two actors who appeared in television shows that he enjoyed: Kevin Brophy, who starred on the series Lucan in the 1970s, and soap opera star Peter Barton, who played Dr. Scott Grainger on The Young and the Restless.
The actors were named as the heirs to Fulk’s estate.
Though it outwardly would appear as though he had very little in terms of financial resources in fact his land is worth somewhere around $1 million, and he had around $230,000 in liquid assets as well according to reports.
Fulk’s estate planning attorney Donald Behle says that he found some letters that his client had sent to the actors years ago, and they had responded thanking him for his interest in their work. This apparently led him to consider them to be his friends.
Ray Fulk was a dog lover, and aside from the inheritances that he left the two actors he also left $5000 to the Anti-Cruelty Society in Chicago.