What would it be like to grow up in a 123-room mansion in a swanky Los Angeles suburb, rubbing elbows with celebrities, and buying anything you want? Sounds pretty great — unless it was all taken away from you as an adult. As Tori Spelling wrote in her autobiography, it’s not easy going from having a silver spoon in your mouth to a plastic one.
This is installment #14 of our Estate Planning Lessons From The Stars series, which is based on the Celebrity Legacies TV show for which we provide commentary as the estate legal experts. See other articles in the series here.
Aaron Spelling was one of the most successful television producers ever, masterminding such hits such as Charlie’s Angles, Beverly Hills 90210, Dynasty, and The Love Boat. When Spelling died after a severe stroke in 2006, at 83 years old, he left behind a fortune worth an estimated $500 million at the time. He owned the largest house in all of Los Angeles Read more...
Kerri Kasem, the daughter of the late American Top 40 DJ, Casey Kasem, has been on a mission to make sure what happened to her and her siblings does not happen to others. When her father’s health deteri orated from Parkinson’s disease, it sparked an ugly court battle between his children and his wife, Jean Kasem, which did not end until he died. By then, Casey Kasem was suffering from serious bed sores, a urinary tract infection, and sepsis.
Kerri Kasem feels that her father’s death could have been prevented if she and her siblings had been able to see him and monitor his care better, but there were not sufficient protections in the law to help.
Until recently, not a single state in the United States offered specific protection to relatives of loved ones who were under court-ordered guardianship or conservatorship to make sure they could remain in contact with their incompetent loved one. Rather, the person named as guardian or conservator typically controlled visitation and contact, which could Read more...
Blues great B.B. King, who is now 89 years old and suffers from diabetes and other health problems, is the subject of a bitter dispute over management of his care and assets. The battle pits his longtime business manager, Laverne Toney, against a handful of his 11 surviving children.
King fathered and adopted a total of 15 children, from several different marriages, but four had previously died. Three recently went to court in Las Vegas trying to combat Toney in what they allege is a case of elder abuse.
Karen Williams, Rita Washington, and Patty King say that Toney is not providing proper medical care to their father, is restricting his children and friends from visiting, and that there are large amounts of money missing from King’s bank account. In fact, the family says it cannot account for more than one million dollars. The three children are seeking the appointment of an independent guardian for their father to begin making his decisions and protect him.
Toney’s legal team called the Read more...
It began with an anonymous court filing pitting “John Doe” against “Jane Doe.” It didn’t take long for Jane and John to be identified publicly as Modern Family‘s Sofia Vergara and creator of the Onion Crunch, Nick Loeb. Formerly engaged to be married, the ex-couple now is heading to court battling against each other over what could be a drawn-out debate involving the fundamental question: When does life begin?
Loeb’s attorney vows that he is committed to the battle, which may become “the first test case for Pro-Parenthood.” Vergara seeks to defend her honor and wants nothing more to do with her ex. Her lawyer said Loeb’s claims are “uncredible and hold no merit.”
What’s at stake? Control over two female frozen embryos, held in a Beverly Hills fertility center. When Sofia Vergara and Nick Loeb were engaged, they decided to use in vitro fertilization and a gestational surrogate to have a baby. Their first efforts failed when two prior embryos did not successfully implant in the Read more...
Robin Thicke and Marvin Gaye
There’s nothing like a hit song to keep heirs dancing down the road to the bank — even when that song wasn’t written, composed, or sung by the celebrity singer who died.
The heirs of Marvin Gaye hit it big with a judgment against Robin Thicke and Pharrell Williams for copyright infringement based on their chart-topping song Blurred Lines … but will the victory stand up on appeal? And what exactly does this mean for the Marvin Gaye Estate?
This is installment #13 of our Estate Planning Lessons From The Stars series, which is based on the Celebrity Legacies TV show for which we provide commentary as the estate legal experts. See other articles in the series here.
The Court Gets Involved With Marvin Gaye’s Estate
Marvin Gaye’s life ended in tragedy. Then the courts got involved.
Posted by ReelzChannel on Wednesday, April 1, 2015
Marvin Gaye was shot and killed by his own father in 1984, at only 44 years of age. Read more...
Pictured: (l-r) Chris Kyle, Dean Cain — (Photo by: Trae Patton/NBC/NBCU Photo Bank via Getty Images)
As the movie, American Sniper, enjoys box office success, questions and controversies surround the estate of Chris Kyle. One of his biggest critics is Jesse Ventura, the always-outspoken former professional wrestler and potential presidential candidate. Ventura recently explained in an interview with Howard Stern on SiriusXM that “Chris Kyle is not a hero. A hero must have an honor, and a liar has no honor.” Ventura feels that Kyle had a talent for shooting straight, but was merely doing his job and does not deserve hero status.
Jesse Ventura Wins Lawsuit Vs Chris Kyle – The American Sniper
Jesse Ventura has not been the only one to question the hero label placed on Chris Kyle. Bill Maher, Seth Rogan, Michael Moore and others have also made comments questioning the glorification of Chris Kyle in the movie, while Howard Stern, Sarah Palin, Rupert Murdoch and others have defended his hero status. Ventura, however, has Read more...
Yes, Tom Benson has a great deal more money and power than most of us. How much? Try $1.9 billion, according to the annual Forbes rankings. Indeed, there are only 350 richer people in the whole country. The successful owner of the NFL’s New Orleans Saints and NBA’s New Orleans Pelicans, Benson built a wide-ranging empire of car dealerships, banks, various real estate holdings, and a television station. He still actively participates in running his businesses — most of all his beloved Saints.
But for all of his wealth, prestige, and status, Tom Benson is in the midst of the same type of probate-related court battle that entangles many elderly individuals in our country. Some of Benson’s heirs do not believe the 87-year-old is mentally competent to make his own decisions any more. They are seeking to have him declared legally incompetent and protect him from what they claim is undue influence.
This court battle is rapidly turning ugly and is splitting the family in half. The offense is led Read more...
Widely beloved throughout the world of baseball, especially in Chicago, Ernie Banks — a/k/a Mr. Cub — rose from humble beginnings. He began his career earning seven dollars a day in the Negro Leagues, before crossing the color barrier and becoming the Chicago Cubs’ most popular player ever.
After his playing career, Banks has been widely respected as a positive role model in baseball and beyond. He continued to break new ground, becoming the first African-American Ford Motor Company dealer ever and being actively involved in charity work throughout his life after baseball. In 2013, President Obama awarded Banks the National Congressional Medal of Honor.
Family Fight Over Ernie Banks Estate
Ernie Banks died on January 23rd at age 83 from a heart condition. Interestingly, his death certificate listed dementia as a “significant condition contributing” to his death. Why is this important?
Only three months before he died, Ernie Banks signed a new set of estate planning documents, including a new will, trust, power of attorney, and healthcare directive. Read more...
Unquestionably, Marlon Brando was one of the leading actors of the 20th century. The well-known Godfather was always in firm control … until it came to his estate that is.
This is installment #12 of our Estate Planning Lessons From The Stars series, which is based on the Celebrity Legacies TV show for which we provide commentary as the estate legal experts. See other articles in the series here.
Marlon Brando never followed convention. He won his Oscar for Best Actor in 1973 for The Godfather, but Brando rejected the award as a protest to the treatment of Native Americans by the film industry. Too bad he failed to follow the norms when it came to estate planning.
In part due to questions about his true intentions as expressed in his will and trust, Marlon Brando’s estate was involved in more than two dozens lawsuits by 2009 — five years after his death. He passed away on July 1, 2004, at 80 years of age, suffering from a Read more...
Elizabeth Taylor is known for many things: her successful acting career, recognition as perhaps the ultimate icon of Hollywood glitz and glamour, standing up as a champion for AIDS research, her popular perfume, and, of course, her string of failed marriages.
Failed nuptials aside, almost everything Liz Taylor touched turned to gold. But what about her estate? Did she prepare her estate with the same high standards as the rest of her life?
This is installment #11 of our Estate Planning Lessons From The Stars series, which is based on the Celebrity Legacies TV show for which we provide commentary as the estate legal experts. See other articles in the series here.
Despite early reports that Taylor’s family may fight over her estate, her estate has been just the opposite: peaceful. No probate filing, no copies of her will or trust published on the web, and no court battles.
In fact, almost four years after her death at the age of 79, very little is publicly known about Elizabeth Read more...