A Michigan attorney has accused a probate judge and two probate lawyers of conspiring together to drain the estate of civil rights icon Rosa Parks. According to the attorney, the judge held secret hearings and made improper rulings, allowing the attorneys to construct a phony breach of confidentiality dispute.
Ray Charles, King of Soul, left behind a troublesome estate he died in 2004, which has been interested to consider from the perspective of estate planning. As we've noted on this blog, one of the goals of estate planning is to wind up one's affairs and so minimize the possibility of legal disputes concerning one's estate down the road. Needless to say, it can be difficult to tie up all loose ends.
Our readers have already heard about the recent tragic death of pop star Whitney Houston. From the looks of it, there may be some turbulence for the late entertainer's estate, which has passed in its entirety to her 19-year-old daughter Bobbi Kristina by her will.
In our last post, we began discussing various estate planning lessons gleaned from the mistakes and situations of various celebrities. As we've noted, procrastinating on estate planning can cause problems down the road, as can failure to appoint powers of attorney.
The mistakes of others can often be instructive for our own situations. This is true in many areas of life, and estate planning is no exception. In some cases where we can learn from other people's estate planning mistakes, it may be a matter which is very specific and technical in nature. Oftentimes, though, we learn simpler lessons.
Apple founder Steve Jobs, known for keeping his business private, reportedly took that same approach to his estate planning. According to sources, Jobs and his wife made use of private trusts to hold their real estate, which included at least three different properties. Those properties were apparently placed in trusts back in 2009, while he was on medical leave of absence from Apple.
In our previous post, we began discussing the estate of deceased soul musician James Brown, particularly the battle between those who say Brown wished to give his entire estate to charity, and his family, who say that Brown intended to provide for them.
Estate planning and administration are not always a clean, tidy job. Sometimes there are disagreements about how the estate is disposed, even where the documents seem clear enough.