Celebrity Estate Lessons Lou Reed
Celebrity Estate Lessons Lou Reed Some people make a lot of money during their career. Then there are people who make even more once they’ve passed. Such was the case for the Lou Reed Estate, the value of which nearly tripled in the year after he died. Lou Reed did do some estate planning, leaving […]
Celebrity Estate Lessons Anthony Bourdain
Celebrity Estate Lessons Anthony Bourdain Whenever someone dies unexpectedly, we wonder about their estate and if they had things in place. Or maybe just I do since I write these every week. This is especially true when the person who passed lived an unconventional life, like Anthony Bourdain. When Bourdain passed in 2018, his net worth […]
When To Use A Codicil To Amend A Will
If your Last Will and Testament has been sitting in a fire-proof box for years, you might realize that it’s out of date. An outdated Will might omit important people or reflect property you no longer own. Can a codicil help? Find out what it is, and when to use a codicil to amend a […]
What Happens When You Don’t Have An Estate Plan
What Happens When You Don’t Have An Estate Plan What Happens If You Don’t Have Estate Planning When You Die An estate plan is essential for people who want to control what happens to themselves in their final days and their assets after their death. But Florida residents die without an estate plan every day. […]
Celebrity Estate Lessons Huguette Clark
You might think the founder of the city of Las Vegas was pretty rich; and you would be correct. It turns out that he was. W.A. Clark was a copper and railroad baron during the Gilded Age. But we’re not going to talk about him today; we’re going to focus on his daughter, Huguette Clark. […]
Celebrity Estate Lessons Kurt Cobain
committed suicide in 1994. Afterward, an attorney came forward to say that Kurt Cobain approached her to have documents written excluding his wife, Courtney Love, whom he was planning to divorce from his Will. Unfortunately, he never went forward with this estate plan. So, when he died, his estate passed to Love and their daughter, […]
Celebrity Estate Lessons Heath Ledger
Today’s case is an interesting one, involving both a very common mistake wrapped inside a less common mistake. An important part of any person’s probate is based on where a person is domiciled (aka where they officially live) at the time of their death. So, for example, if you were a snow bird who lived […]
Estate Planning Tips for Unmarried Partners
Estate Planning Tips for Unmarried Partners Estate and Probate Rights of Unmarried Partners Florida probate law contains several protections for married couples, including laws to prevent a spouse from losing their home or property after their spouse’s death, built in assumptions about spouses’ authority to make decisions on their husband or wife’s behalf, and their […]
Celebrity Estate Lessons Prince
We have so many new followers that have missed out on some of our early posts that we’re going to start revisiting some of them. Let’s call it First Friday Flashbacks! First up: Prince. Feel like you’re the only one without a will? You’re not alone! When Prince died in 2016 he left no instructions […]
What To Know About Residuary Beneficiaries
What To Know About Residuary Beneficiaries What Does “Residuary” Mean? In probate law, the word “residuary” essentially means “everything else.” Most estate plans, including both Wills and trusts, include awards of specific property (such as the family house, heirlooms, or pets). Anything not included in these “specific devices” falls into the residuary. The residuary can […]