Theatre lovers everywhere mourned the death of award-winning American playwright Edward Albee last September. But the creative force behind "Who's Afraid of Virginia Woolf?" and "A Delicate Balance" has one final stage direction to give, this time to his two executors: Destroy my unfinished work.
In his will, Albee stipulated that any drafts of incomplete projects never see the light of day, a provision known as dead hand control. As its morbid name suggests, dead hand control allows deceased parties to dictate, within reason, what happens to certain assets they leave behind.
Do you have dead hand control provisions in your will? If you do, wording and knowledge of legal precedent may impact whether your executors can carry out instructions regarding your estate, so speak to a financial services professional today.
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