A group of potential heirs gather in a forbidding old house to learn which of them will inherit a fortune. Later, they learn that a flesh-rending maniac is loose.

When an elderly man dies, some of his relatives gather to hear the reading of the will. When it is read by his attorney, the old man lets it be known how much he despised and loathed his worthless kin. As a result, his will is structured in such a way as to set up a dogfight between his potential heirs as to who will collect his fortune.—Alfred Jingle

20 years after his death, an eccentric millionaire has his relatives meet to read his will "in person" with the help of a film recording. After the reading of the will, the sole heiress Annabelle faces attacks from her empty-handed relatives.