Monthly Archives: June 2015

Tom Benson Is Declared Competent, Highlighting Valuable Lessons For Families

As owner of the New Orleans Saints and Pelicans, Tom Benson, is used to being in control. He worked his way up from humble beginnings, starting as a used-car salesman, to owner of multiple car dealerships, banks, real estate, and a television station. Of course, Benson is most well-known for owning the NFL’s Saints franchise, which he purchased in 1985. Since then, he has successfully managed the Saints through the lows of Hurricane Katrina to the highs of winning the Superbowl. In 2012, Tom Benson added the NBA’s Hornets (now named the Pelicans) to his stable of businesses. Forbes estimates his net worth to be just shy of $1.9 billionTom Benson competent case

For a man with that much success and business acumen, there can be no doubt that one of the things he would enjoy least is someone suggesting he’d lost his wits. Especially when that someone is his hand-picked protégée and granddaughter, along with his daughter and grandson. And even more so when he is brought into court through a Read more...

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What’s Driving The B.B. King Estate Feud?

The late Riley B. King — better known as blues legend B.B. King — often said that the only woman in his life was his guitar, Lucille.  But that wasn’t exactly true.  King estimated that he had 15 children by 15 different women.  No wonder one of his biggest hits was called, When Love Comes To Town.

B.B. King EstateB.B. King took responsibility for his children.  According to CNN, he set up a multimillion dollar education fund for his descendants.  King wrote in his memoir that he assumed responsibility every time a woman came to him and said a child was his, without arguing about whether that was true or not.  One of his daughters, Patty King, said in a previous interview with Rolling Stone that B.B. King was a great dad who had “done well” by his children.

That same daughter is now leading the charge against B.B. King’s business manager of 39 years, LaVerne Toney.  Patty King and half-sister Karen Williams lead a panel of five King children, Read more...

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Celebrity Legacies: Aaron Spelling Left Behind Massive Fortune & A Broken Family

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.  Tori Spelling, Aaron Spelling & Candy Spelling

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 AnglesBeverly Hills 90210Dynasty, 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...

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Casey Kasem’s Daughter Strives For New Guardianship Visitation Laws

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 deteriorated 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.  Casey and Kerri Kasem - New Guardianship Visitation Laws

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 include Read more...

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