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It seems that every celebrity that dies has a messed up estate plan or, worse, NO ESTATE PLAN! What’s up with that? I just saw this great article on Forbes.com about Whitney Houston’s will. I encourage you to read it. Very sad death and sounds like it will be a sad probate, after death. Here’s […]
I just read a great article on Forbes that connects estate planning with the Tupac Shakur concert last week at Cochella. That is the use of Tupac’s hologram to perform on stage with Dr. Dre and Snoop. If this trend takes off can you imagine the increased royalties for celebs like Michael Jackson or Elvis Presley? I […]
Today is the day we, in the United States, commemorate Dr. Martin Luther King. I was interested in what his estate plan said and so I googled “martin luther king’s will.” It came up with an article from today. I thought to myself, “wow, I hadn’t heard about it in the next but maybe there […]
I just saw this on PRweb. Interesting read I thought: Estate Street Partners affirms that through Steve’s brilliant foresight, he may very well have saved his family $3B and public scrutiny with well-constructed irrevocable trusts Boston, MA (PRWEB) October 27, 2011 Steve Jobs may not have been able to cheat death, but it appears that […]
I pulled this snip-it off of Reuters.com regarding Steve Jobs’ death: “JOBS’ ESTATE: CONFIDENTIAL? Jobs, in his trademark uniform of black mock-turtleneck and blue jeans, was deemed the heart and soul of a company that rivals Exxon Mobil as the most valuable in America. With an estimated net worth of $7 billion — including a […]
When Michael Jackson died I posted the following: “Michael Jackson has been dead less than 24 hours and there are dozens of articles on the internet about this already. He is in debt $400 million or $500 million or who knows how much…. However, he has assets… worth $500 million or $1 billion… or really […]
Breaking news from ABC News: The California Attorney General’s Office of Charitable Trust is investigating the Farrah Fawcett Foundation for potential mismanagement of funds, diversion of assets, and fraud, ABC News has learned exclusively through numerous sources including Fawcett’s longtime friend and former college boyfriend Greg Lott. The foundation became active after Fawcett’s death in […]
Let me start by saying there is no magic trust. As I often tell clients if there was a magic creditor protection trust we could all get one, stop paying for car insurance, and leave reckless lives. Not saying we all would but a lot of people would. Though there is no magic trust there […]
Just saw this article about a very famous California probate case. I still want to know why he didn’t have a living trust although I have a guess… and yes it’s based on the size of probate attorney fees in California! Article at: https://www.thecmuwebsite.com/article/jackson-estate-will-pay-30-million-to-his-mother-and-children/ Executors for Michael Jackson’s estate plan to hand over $30 million […]