Home Breadcrumb caret Tax Breadcrumb caret Estate Planning Despite solid will, last wishes of art collector thwarted The story of American art collector Charles Loeser shows a detailed will is no guarantee your client’s wishes will be fulfilled, reports the L.A. Times. By Staff | September 9, 2013 | Last updated on September 9, 2013 1 min read The story of American art collector Charles Loeser shows a detailed will is no guarantee your client’s wishes will be fulfilled, reports the L.A. Times. Read: Profit from comic books Two years before Loeser died in 1928, he wrote his will. He left his extensive art collection to various beneficiaries, including the White House. Read: Collectibles outperform stock market He bequeathed eight paintings by famous post-Impressionist painter Paul Cézanne to “the President of the United States of America and his successors in office for the adornment of the White House,” the Times reports. Read: Million-dollar portfolios Loeser died at age 64, believing his plans for the art were secure. But 85 years later, his wishes have yet to be fulfilled. Read more here. To help your clients write proper wills, check out these articles: Estate planning checklist What not to do in estate planning Common estate-planning mistakes Avoid legal battles with enhanced estate planning Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo