#AssetProtection: #EstatePlanning Blunders — Salvatore Phillip “Sonny” Bono
Sonny Bono’s estate planning was even more embarrassing than his death skiing into a tree. A political as well as pop figure, with some messy personal relationships, he should have had better planning — or at least some planning. But he had no will and of...#AssetProtection: #EstatePlanning Blunders — Bob Marley
Bob Marley’s estate continues to generate significant revenue decades after his death in 1981. Marley died intestate even though he knew he had cancer and lingered for nearly 8 months. Dozens fought over his estate, worth a reported $30 million. If attacked, do...#AssetProtection: #EstatePlanning Blunders — Stieg Larsson
Because he left no effective will or estate plan, Swedish author Stieg Larsson’s longtime partner was not entitled to the fortune from his Millennium series of books (and the movies based on them). He lived with Eva Gabrielsson for 30 of his short 50 years on...#AssetProtection: #EstatePlanning Blunders — Amy Winehouse
Amy Winehouse lived fast and died young — without a will or any other estate planning, of course. Moreover, parents pressured her to divorce her husband yet the romance rekindled and friends say she would have wanted to leave something for her soulmate. Too bad...#AssetProtection: #EstatePlanning Blunders — Barry White
The smooth, baritone Barry White never got divorced from his wife even though he was living with someone else. Plus he failed to make a will. All of that added up to years of conflict between his ex-wife, wife and girlfriend. If attacked, do you want to be Victor or...#AssetProtection: #EstatePlanning Blunders — Tony Curtis
Tony Curtis had six kids from six marriages, left them nothing in his will except a legacy of litigation. If attacked, do you want to be Victor or Victim? At SacredHonor.US, we hate it when people die embarrassed. And at Protect.FM, we believe good estate plans...#AssetProtection: #EstatePlanning Blunders — Martin Luther King, Jr.
King left a great legacy in civil rights before his assassination at the age of 39 in 1968, but he didn’t leave a will or estate plan. That blunder left his family grappling for control of his image and financial legacy even now, decades after his death. If attacked,...#AssetProtection: The Estate Plan of George Washington
Talk about long probates! President Washington wrote his Last Will and Testament himself, without consulting any “professional character.” The will is dated July 9, 1799, less than six months before his death on December 14, 1799. …. Probate lasted...#AssetProtection: Ten Reasons Estate Conflicts May Be Increasing
Whether it’s just perception or not, it does seem like there seems to be more fighting regarding estate plans. Here are 10 reasons why. Source: Ten Reasons Estate Conflicts May Be Increasing | Wealth Management In other Asset Protection news… Estate Sales:...Video: Gunpocalyptic Gun Trust Planning — Where There’s a Will, There’s a Way
Post-Gunpocalypse gun trust planning for California firearm legacy.
Photo Gallery: Eleven Long-Running Celebrity Estate Battles
Poor estate planning often leads to bitter fighting that can last years. Here are 11 high-profile examples of long-running estate conflicts, many of which could have been avoided with a little foresight. Source: Photo Gallery: Eleven Long-Running Celebrity Estate...Photo Gallery: Top 10 Executor Mistakes
Executors are bound by a bewildering array of responsibilities and duties. Here are 10 common pitfalls to avoid. Source: Photo Gallery: Top 10 Executor Mistakes | WealthManagement.com If attacked, do you want to be Victor or Victim? At SacredHonor.US, we hate it when...Eleven Tips For Overwhelmed Executors
Executors (or administrators) of estates shoulder a great deal of responsibility. For this reason, trusted professionals familiar with the process are often the best choices. However, in many cases, the deceased’s closest family member (child or spouse usually) is...Robin Williams Estate on Entertainment Tonight – YouTube
Widow vs. children. This happens more commonly than decedents expect before they die. Perhaps a total return unitrust would have worked here. If attacked, do you want to be Victor or Victim? At SacredHonor.US, we hate it when people die embarrassed. And at Protect.FM,...Whitney Houston Estate on Entertainment Tonight – YouTube
Whitney Houston’s estate in the news again — death of her daughter and failure to update her plan means assets are back in Whitney’s estate. If attacked, do you want to be Victor or Victim? At SacredHonor.US, we hate it when people die embarrassed....Prince Estate on NBC Nightly News – YouTube
$300 million and no estate plan? That’s embarrassing enough to turn someone purple. If attacked, do you want to be Victor or Victim? At SacredHonor.US, we hate it when people die embarrassed. And at Protect.FM, we believe good estate plans protect families. We...IRS Allows Late QTIP and Reverse QTIP Elections, Allocation of GST Exemption
This content is for members onlyLana Meisner, wife of Eagles member Randy Meisner, is killed in gun accident – LA Times
BTW, there is no such thing as a “gun accident” — this was a negligent discharge. Stop a moment and think whether your family is trained at least in the basic rules of gun safety. I can tell you it is very common for family members with absolutely no...When Buying a House Becomes an Estate Planning Horror Story: One Family’s Fight
Unfortunately, even a simple, seemingly trivial mistake can turn an otherwise careful transfer of an asset (like a house) into a horror story – and you may not even realize you’ve made a mistake until it’s too late. One Arkansas family currently faces big consequences...
