Tag Archives: mayoras

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

//
| Leave a comment

The Latest in the Charlie Sheen Drama…

Danielle and Andy discuss the latest in the Charlie Sheen drama.  Is he a celebrity gone wild in need of a conservatorship…or something more?  Click the title above to view their video discussing Charlie Sheen.

 

 

 

//
| 4 Comments

Kiplinger’s article: Cut the Lawyer out of your Will?

Kiplinger’s Personal Finance Magazine has an interesting article that’s coming out in the March 2010 issue, about do-it-yourself estate planning.  It was written by Jane Bennett Clark, Senior Associate Editor:

You’ve been dragging your feet for ages on writing a will and drawing up other estate-planning documents. Now, to avoid the hassle and expense of hiring a lawyer, you’re considering using online forms to get the job done. Companies such as Nolo, LegalZoom and Rocket Lawyer allow you to do just that. Not only do they provide do-it-yourself estate-planning documents, but they also offer guidance on filling them out and general information on estate-planning issues.

The cost for such off-the-rack estate planning? As little as $50 for a simple will to $220 or so for a package that includes a will and a living trust. That’s cheap compared with the $300 a lawyer might charge for a simple will or the $1,000 or more that a comprehensive estate plan might run you. Still, you get what you pay for, says

Read more...
| Leave a comment

6 Tips to Avoid Exploitation of Elderly by Family Member

Danielle Mayoras was recently quoted in this interesting article by the Detroit Free Press about the growing epidemic of exploitation of the elderly.  It discussed a very sad case where a daughter took hundreds of thousands of dollars from her elderly mother and now is in jail saying the money is gone and she can’t return it.

Exploitation of Elderly

This is one example of how more and more families are facing the devastation caused by exploitation of elderly loved ones, often by a family member or caregiver.

So how do families protect their golden seniors, whose lifetime of savings can often be a tempting target for desperate or unethical people?  There are no magic answers, but here are a few Trial & Heirs Tips that we provided to the Detroit Free Press which ran next to the newspaper story:

1. Get expert advice. Consider consulting an estate lawyer who will know the ins and outs of estate planning. It’s usually money well spent.

2. Beware of Joint Accounts. When you add Read more...

| Leave a comment

Michael Jackson executors sorting through requests for money

It’s been seven months since the King of Pop died suddenly at the age of 50, and fights surrounding his estate seem like they may last for many years to come. Creditors are coming out of the woodwork, with new ones surfacing on a weekly basis. The latest, a management company, joins a series of business, medical and spiritual advisers and others who insist they are owed money, totaling more than $20 million, already. That total will certainly climb.
The estate co-executors, John Branca and John McClain, have to sort through the requests for money and try to determine the legitimate ones from the ones that are, well, more fiction than fact. It’s common when someone wealthy and eccentric passes to have all sorts of people saying they are entitled to money. (Jerry Garcia, James Brown, and Marlon Brando are a few notable examples that we cover in Trial & Heirs: Famous Fortune Fights!).


One of the more interesting requests is from Michael’s father, Joe Jackson, who wants $15,000 Read more...

| 3 Comments

The Revlon chairman’s ill-fated family fortune fight

CNN’s Fortune Magazine recently had a fascinating article about Ron Perelman’s efforts to drag his paralyzed, infirm, and elderly ex-father-in-law through one of the most vicious estate battles we’ve seen in a while.  

Perelman built most of his billion-dollar fortune through a hostile takeover of Revlon.  In the process, he married and divorced four women, one of whom was Claudia Cohen (actress Ellen Barkin was another).  Cohen came from a wealthy family herself.  Her father and brother own and control Hudson Media, a powerful magazine company that is a long-time partner of Time, Inc.

Sadly, Claudia died after a difficult fight with cancer in 2007.  Her will appointed Perelman as her executor.  She named Samantha Perelman, her teenage daughter from their marriage, as her primary beneficiary.

Claudia’s will made her wishes very clear, including her strong desire to protect the relationship between Samantha and Claudia’s father, Robert, and brother, James.

Instead of following this wish, Ron Perelman did just the opposite.  He filed several lawsuits against Robert and James, despite

Read more...
| Leave a comment

The 6 Most Controversial Celebrity Wills: Michael Jackson, Leona Helmsley, Princess Diana and More

Who got the money? Who had the biggest family feuds? The mistakes that were made — and what we can learn from them. Two legal experts in estate planning and the authors of Trial & Heirs have the scoop.

If the recent and sudden death of Michael Jackson taught us something – other than the side effects of too much prescription medication – it’s the importance of a will or trust. Wills and trusts are taboo topics. We’re usually far more inclined to talk about Botox injections or mammograms than how we plan to divide our assets. But (and sorry for speaking so morbidly) once you’re dead, it’ll be far too late to finally address it. That’s why regardless of your age and health (Jackson was 50 and about to go on tour), it’s important to have a proper will — not just for your peace of mind, but for your family’s peace of mind too.

In addition to the King of Pop’s highly publicized estate battles, here’s a glimpse Read more...

| 2 Comments

Trial & Heirs’ Whitney Houston story featured on Huffington Post

The Huffington Post recently ran this article featuring an excerpt from Trial & Heirs:  Famous Fortune Fights!

the TRUE STORY of WHITNEY HOUSTON!  

Whitney Houston is no stranger to family fights in court. In 2002, the entertainment company owned by her father, John Houston, sued her. John Houston said publicly that his company was owed $100 million and he expected his daughter to repay it. He died in February of 2003, and the case was dismissed not long thereafter.  Reportedly, Whitney Houston did not attend her father’s funeral service or burial.

John’s wife, Barbara, filed her own lawsuit against Whitney in December of 2008. Whitney was the sole beneficiary of a $1 million life insurance policy of her late father.

Barbara Houston claims that Whitney had agreed with her father that the money would be used to pay off a mortgage that Whitney held over John and Barbara Houston’s home. Apparently, Whitney lent her father $723,000 in 1990 and this loan was secured by a mortgage against his house, payable

Read more...
| 2 Comments

California Court Throws Out Octomom Guardianship Case

It’s the Octomom vs. celebrity attorney Gloria Allred!  Battling in the California Court of Appeals over the rights of a stranger to intercede to protect children whom he’s never met, just because they’re on TV.  Well, and because there are 8 babies, plus 6 other kids, and a mom with no husband and no job.

While Octomom Nadya Suleman has captured the interest of the nation for the mind-blowing number of children she’s given birth to in the last few years, her court case has peaked the interest of guardianship attorneys across the country.  Why?  Because it addresses a unique question:  To what lengths should the law allow court intervention to protect children . . . should a complete stranger be able to haul a parent into court? 

A few months after Suleman gave birth to her now famous (or infamous) octuplets in January, 2009, a self-proclaimed champion of celebrity children filed a guardianship proceeding seeking to protect the kids.  He asked for an independent guardian to be appointed to

Read more...
| 1 Comment

Did Brittany Murphy forget to update her will?

Everyone was shocked when actress Brittany Murphy died suddenly at age 32 on December 20th, 2009.  She left behind a husband, Simon Monjack, of two and a half years and a mother with whom she was very close.  Reportedly, her mother lived with Murphy and her husband the last few years.  

Only one day after her tragic passing, celebrity gossip website TMZ posted an article saying that Murphy had a will, but one that was created before her marriage.  The report stated the will left everything to her mother and nothing to her husband.

It also stated Brittany’s house was held in a trust which also left it to her mother, not her husband.  Another website said the house — which Murphy had purchased from Britney Spears in 2003 for almost four million dollars — was held in a trust called the “Nina Bow Trust”.

At this point, it’s too early to tell if the reports are accurate.  Wills are public records and are available to the media and websites

Read more...
| Leave a comment