Monthly Archives: November 2011

Huguette Clark Estate: Mysteries Surround the $400 Million Estate

Huguette Clark was a mysterious and reclusive New York multi-millionairess who passed away on May 24, 2011, a mere two weeks short of her 105th birthday.  Huguette Clark estate

Clark was the daughter, and only surviving child, of William Andrews Clark, who died in 1925 and was believed to be one of the richest Americans at the time.  He built his wealth through copper mining and served as a senator of Montana.  For many years, his daughter was thought to have died long ago.  Indeed, Huguette Clark hadn’t been seen in the Fifth Avenue apartment that she lived in (and still owned when she died) in 22 years.

Where was she all that time?  Living in a hospital room, even though she was in good health when she moved there in the late 1980s.  Watched over by a private nurse, her attorney, and an accountant — who was a convicted sex offender — Clark was said to have considered her collection of dolls to be her closest companions.  She was isolated from her Read more...

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Trial & Heirs: Protect Your Family Fortune! Select Broadcast Schedule

While there too many broadcasts of our TV show to list them all, here are the major city PBS affiliates which are airing it with select air times (all times are as of the time zone of that city).
Check your local listings or with your local PBS affiliate for more information.  There are quite a number of other areas broadcasting the show too:
[Click here to learn more about the TV Special]
Amarillo (KENWDT2) – 12/6 @ 8:30 p.m.
Atlanta (WPBADT) – 11/16 @ 9:30 a.m., 11/27 @ 11:30 p.m., 12/1 @ 1:30 a.m., 12/6 at 3:00 a.m., 12/8 at 3:30 a.m.
Biloxi – Gulfport (WMAHDT2 & WMAHDT) – 11/27 @ 2:00 p.m., 11/28 @ 8:30 p.M., 12/5 @ 9:00 p.m.
Bluefield – Beckley (WSWPD, WSWPDT3, WVPBS1, & WVPBSDT) – 12/15 @8:00 p.m., 12/16 @ 12:00 a.m.

Boston – awaiting specific air dates and times
Champaign (WILLDT & WILLDT3) – 11/27/2011 @2:00 p.m, 11/30 @ 1:00 p.m., 12/2 @1:30 a.m., 12/3 @ 6:30p.m., 12/6 @ 9:30 p.m. Read more...

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Pass The Turkey With A Side Of MORE Celebrity Estate Planning Stories

Did you know that family gatherings during the holidays are a great time to talk about celebrities, such as Whitney Houston, and how they can help your family avoid fighting when someone dies?  

This is Part 2 of Trial & Heirs’ Top 5 Celebrity-Based Estate Planning Conversation Starters for Thanksgiving 2011:

(Did you miss Part 1?  Click here.)

3. Whitney Houston

Whitney Houston has been locked in a vicious court battle with her step-mother over a $1 million life insurance policy from Whitney’s father, which named Whitney as the sole beneficiary.  Whitney’s step-mother, Barbara, sued Whitney and claimed the money was meant for her, not Whitney.  Whitney had lent her father money and held a private mortgage over his home, which Barbara received when Whitney’s father died in 2003.  Barbara said the life insurance was meant to repay that money and Whitney was supposed to release the mortgage and turn the rest of the life insurance money over to Barbara.

So did Whitney agree that the money was to Read more...

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Pass The Turkey With A Side Of Celebrity Estate Planning Stories

Image via Wikipedia

What family won’t be talking about Kim Kardashian and Michael Jackson at their Thanksgiving dinner?  Dishing celebrity dirt is as natural as turkey and pumpkin pie.  But did you ever think that celebrity gossip could actually help your family?

We use celebrity stories to turn the often-awkward conversation about estate planning into something fun and entertaining.  Let’s face it … no one really likes to think about planning for what happens after they pass away.  But, it’s the family left behind that pays the price when the proper planning isn’t done.

A great way to get the dialogue flowing, and to turn an awkward conversation into something fun and engaging, is with celebrity stories.  What better time to do this than when the family is gathered together for Thanksgiving?

Here is Part 1 (out of 2) to our Trial & Heirs’ Top 5 Celebrity-Based Estate Planning Conversation Starters for Thanksgiving 2011:

1.  Kim Kardashian

Seventy-two days of marriage.  Wow that was fast!  Did she even finish writing

Read more...
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James Brown Estate Battles Through Debt and Extended Fighting

The Godfather of Soul died on Christmas Day, 2006. His estate has been marred by fighting ever since. Here’s our Forbes recap of the legal troubles which have left James Brown’s estate and wishes in limbo.  james brown estate battle
The Associated Press reported this week that the court battles devastated his estate so much that his charitable trust had dwindled in value all the way down to $14,000, with $20 million of debt, until a 2009 settlement.  This was quite a drop, because original estimates of the value of Brown’s estate came in at the $100 million mark.
The James Brown estate settlement — which was supposed to end all of the fighting — called for about half of Brown’s assets to pass to a charitable trust, with one-quarter going to his widow and the rest passing to all of his children.  The deal also led to the court appointment of a new attorney to administer the estate, Russell Bauknight.

James Brown Estate Battle

When Bauknight became involved, he hired a professional music Read more...

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