Monthly Archives: December 2011

Trial & Heirs Top Tips For The Holidays

Click the picture below to watch Danielle & Andy’s Top Tips For The Holidays!

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Danielle Mayoras Dishes the Latest on Celebrity Estate Battles with Fox 2

Click the video below to watch Danielle’s interview with Fox 2. You don’t want to miss this one! Danielle discusses the case of the $13 million cat, Bob Marley, Martin Luther King, Jr., and more!

Trial and Heirs: The $13 Million Cat: MyFoxDETROIT.com

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Martin Luther King Estate: Another Lawsuit Brewing Because Martin Luther King, Jr. Died Without A Will

There is no doubt about the greatness of Reverend Martin Luther King, Jr. Unfortunately, his estate planning wasn’t so great.  In fact, King made a mistake that too many people make everyday in our country … he procrastinated with his legal planning and died without a will.  Martin Luther King Estate

In large part because of this, his legacy has been marred by fighting among his children over the handling of his estate, including claims of secrecy, mismanagement and misappropriating assets.  Years ago, MLK’s heirs formed a corporation to manage King’s estate, but then they fought over control over the corporation. You can read Trial & Heirs’ coverage of the lawsuit between the King children here.  Luckily, the heirs were able to reach a settlement and ended that round of fighting.

But, that doesn’t mean the court battles have ended.  The corporation which operates the estate turned its attention to a television anchor in Southern Mississippi, named Howard Nelson Ballou.  The Estate of Martin Luther King, Jr., Inc., sued Ballou and claimed he Read more...

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Bob Marley Estate: Are Bob Marley’s Heirs Destroying His Legacy?

While being widely loved for spreading reggae music throughout the world, Bob Marley stood for more than just music. His songs promoted freedom for poor and oppressed people throughout the world, social equality, and justice.  Marley even won the 1978 United Nations Medal of Peace.

Bob Marley estate

Image from Wikipedia

Sadly, events surrounding Bob Marley’s estate have been anything but consistent with his musical legacy.  2011 marked the 30-year anniversary of the day Marley died of cancer, at the age of 36, on May 11, 1981.  In those 30 years, his estate has seen far too many court fights, lawsuits and money-grabs to count.  And that legacy of fighting over money doesn’t seem likely to end any time soon.

Just last week, a corporation owned by his widow, Rita Marley, and his nine children, sued Richard Booker and two corporations he owned. Who is Richard Booker?  Bob Marley’s half-brother.  Among other Jamaica-based business ventures, Booker operates musical festivals and a company which gives tours of the village where Marley was born and Read more...

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Research Study Shows Professionals How To Grow Their Businesses

We’ve had so many financial and legal professionals contact us and ask how they can use our celebrity stories about estate planning to help their businesses.  In addressing this, we came across a fascinating research study that covers this very topic.  

It’s the “Economics of Loyalty” study, by Advisor Impact and sponsored by Vanguard.  It surveyed clients of financial planners to learn what differentiated clients who are merely satisfied from those who are engaged enough to make referrals.  It found that “engaged” clients made an average of 2.3 referrals, while those who were merely “satisfied” referred none.

The study also found another startling conclusion … there is almost no correlation between asking for referrals and receiving them. Rather, most clients made referrals to help their friends, co-workers and families members in need, not the professional.  In other words, to earn referrals and build your business, you have to show clients that you are able to provide a benefit to people they might refer to you.

How do you do this?  Read more...

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