When creating a last will and testament, it’s important to know your beneficiary. Sadly, that’s not always the case. Marilyn Monroe, one of the world’s most famous icons, didn’t seem to have any idea to whom she left her money.
Acting Coach & Psychiatrist Got Everything
Marilyn Monroe died at the age of 36 from...
Are you failing your family the way these 4 celebrities failed theirs?
These four celebrity estate planning fiascos offer lessons about how to handle your own planning and legacies.
1. Pablo Picasso – The great Dada artist died in 1973 at 91 without a will, a status referred to as...
Sonny Bono, the singer, songwriter, restauranteur, and former Congressman, died in a tragic ski accident in 1998 at the age of 62. His net worth was just under $2 million at the time of his death, yet Bono did not have a will. Apparently, he meant to have one drawn up, but simply...
Oscar-winning actor Philip Seymour Hoffman died from a drug overdose in February 2014. Sadly, he left behind three young children - and a fortune estimated to be worth $35 million.
He was only 46.
After his death, Mr. Hoffman’s Last Will and Testament was filed for probate.
· The Will is short –...
Did you know that the legendary singer and actor, Elvis Presley, earned over a billion dollars throughout his somewhat short career? That’s billion – with a B. However, when the “King of Rock & Roll” died in 1977, his estate’s net worth was only $10 million.
Of that, over 70% went to pay...
