Upon his death, the administration of Ackerman's estate was entrusted to his friend, television producer Kevin Burns. Burns was tasked with the sale and distribution of Mr. Ackerman's extensive collection of Science Fiction and Horror memorabilia. Included in this were Bela Lugosi's ring from "Abbott and Costello Meet Frankenstein" and Lon Chaney's teeth and top hat from "London After Midnight". There were eighteen beneficiaries named in Ackerman's will, including three waitresses from his favorite restaurant and hangout, "The House of Pies".