Five days after the 93 year old actor died the family headed to Court to fight over where his body should be buried. The drama is not surprising as Mickey Rooney was previously a victim of elder abuse at the hands of his adult step son and wife who exploited millions of dollars from him. He... [Read More]
Category: Famous People Estate Planning
Shirley Temple and Phillip Seymour Hoffman Go Home
We’ve recently seen the passing of Shirley Temple Black the iconic child actress and later Ambassador and the Oscar winning Actor Phillip Seymour Hoffman. Ms. Temple Black passed away at age 85. Actor Hoffman left at the early age of 47. One passed on after a long full life, the other unexpectedly by accidental drug... [Read More]
Actor Paul Walker’s Estate
It is anticipated that 40 year old actor Paul Walker’s Estate will go to his daughter, Meadow. The Estate is estimated at $45 million dollars, mostly from the “Fast & Furious Franchise” of which Walker starred in 6 of the 7 movies. He also had other roles. It is unsure if Walker left a Living... [Read More]
Strange Days
Late last week a TSA Agent was shot and killed at LAX Airport in Los Angeles, California. Last night shots were fired in a very large mall in New Jersey. Both armed men had multiple weapons on them and no real known cause for their actions. Anytime we are in public there is always the... [Read More]
The Death of Adrian Peterson’s Son Prioritizes Everything
The murder of the 2 year old son of Adrian Peterson puts things in perspective. The trivial things his family members may have worried about before the tragedy dissolve into meaninglessness. What are the most important things in your life? Who are the most important people in your life? What are you doing to take... [Read More]
Technology Without Wisdom is Wasted
Billionaire Jerry Jones, owner of the Dallas Cowboys football team, was ridiculed for using a “flip-phone” on Monday. It obviously has not held him back from being a successful oil businessman or successful owner of possibly the most valuable NFL Team. There is some tendency to think that the most recent technology is more important... [Read More]
Diana Nyad Uses Prior Challenges to Reach Goal
64 year old Diana Nyad used her prior challenge of being stung in the face by jellyfish to use a special swim mask to protect her during her historic swim from Cuba to the U.S. She hadn’t “Tried & Failed”, she had “Tried & Learned” from her previous challenge of trying the open water swim.... [Read More]
The recent FORBES advises that 30% of the wealthiest people inherited their money. Therefore, their family did good Estate Planning
If good Estate Planning is not done an inheritance is lost to Taxes, Probate Costs, Squander, Lost in Divorce, or Lost in Lawsuits. You may not be FORBES wealthy, but do you want to waste everything you’ve ever earned? If you do not do good Estate Planning to transfer your “Life’s Work™” (everything you’ve earned) to... [Read More]
Zimmerman Lesson: Don’t go to Court!
The George Zimmerman Criminal Trial in Florida’s biggest lesson is don’t end up in the Courthouse! Anytime the Court determines the fate of your family or your assets there is a huge loss of control. Whether or not you believe George Zimmerman committed a crime or was simply defending himself, the real lesson is that... [Read More]
James Gandolfini’s Poor Estate Planning
Unfortunately, James Gandolfini, the movie actor famous for a number of roles, including in the series The Soprano’s, has left a multi-million dollar estate, estimated at a worth of approximately 70 million dollars and used only a simple Will. There was no Estate Tax Planning and with the Will all of his assets will be... [Read More]