Fans of popular Marvel Comics super heroes often idolize Stan Lee, the former editor-in-chief and creator of many popular characters. However, few fans might know of his current estate planning problems. Like many elderly Lake Charles residents, Lee was allegedly taken advantage of by men who tried to manipulate his estate and gain control of valuable assets.
Lee’s estate planning problems apparently began soon after his wife died in 2017. Keya Morgan quickly moved into Lee’s inner circle and took over the role of caregiver. Morgan was recently slapped with a temporary restraining order after accusations that he and at least two other men were trying to improperly influence Lee. The comic book creator told authorities that the men had “bad intentions” and were solely trying to get control of his assets rather than looking out for his best interests.
J.C. Lee — his only child, aged 67 — may also be causing ongoing estate issues for her father. Reports indicate that J.C. spends upwards of $40,000 per month, charging it all to credit cards while demanding that her father alter the trust he established to help support her. It is not clear if she played any role with the men her father accused of taking advantage of him.
Establishing caretakers and individuals charged with important financial decisions is not something to take lightly. Although it is common estate planning mistake, selecting the wrong person can easily lead to the manipulation of elders who might otherwise be vulnerable to influence. People in Lake Charles should take special care when deciding who is the most appropriate choice for these roles, and it is often a good idea to establish a support network to ensure that no one is abusing their power over an estate.