{"id":1010,"date":"2014-12-18T09:18:55","date_gmt":"2014-12-18T17:18:55","guid":{"rendered":"http:\/\/ssslegalconsultancy.com\/?p=1010"},"modified":"2017-09-12T03:18:55","modified_gmt":"2017-09-12T11:18:55","slug":"lessons-celebrity-estates-2014","status":"publish","type":"post","link":"https:\/\/ssslegalconsultancy.com\/lessons-celebrity-estates-2014\/","title":{"rendered":"Lessons from Celebrity Estates in 2014"},"content":{"rendered":"<p style=\"text-align: center;\"><img decoding=\"async\" class=\"alignleft\" src=\"http:\/\/ssslegalconsultancy.typepad.com\/.a\/6a01b8d0a6271d970c01b8d0ac8564970c-pi\" alt=\"http:\/\/ssslegalconsultancy.typepad.com\/.a\/6a01b8d0a6271d970c01b8d0ac8564970c-pi\" \/><em>Important lessons about estate planning can often reach the general public through issues over celebrities&#8217; estates. 2014 has been a busy year for such lessons.<\/em><\/p>\n<p style=\"text-align: center;\">Americans are fascinated by the lives and deaths of celebrities. When a celebrity passes away, the public wants to know how his or her estate will be distributed.<!--more--><\/p>\n<p>&nbsp;<\/p>\n<p>Oftentimes the public scrutiny reveals mistakes that have been made in either the planning of the estate or in its administration.<\/p>\n<p>&nbsp;<\/p>\n<p>In that spirit, the Wills, Trusts and Estates Prof Blog recentlypublished a list of lessons from celebrity estates this year in an article titled &#8220;Year&#8217;s Review of Celebrity Estate Planning Lessons.&#8221;<\/p>\n<p>&nbsp;<\/p>\n<p>The list includes:<\/p>\n<ul>\n<li>Patrick Swayze &#8211; Allegations that his will was forged emerged five years after his death. However, that was too late to challenge the will.<\/li>\n<li>Tom Clancy &#8211; His estate planning documents were ambiguous and that has led to family conflicts.<\/li>\n<li>Lou Reed &#8211; Because he relied on a will only, the full details of his estate have been made open to public scrutiny.<\/li>\n<li>Paul Walker &#8211; His will was made 12 years before passed away and never updated.<\/li>\n<li>Phillip Seymour Hoffman &#8211; He did not consider the tax consequences of his estate plan for his children.<\/li>\n<li>Robin Williams &#8211; He did things correctly. By relying on trusts, the details of his estate were kept private to protect his family.<\/li>\n<\/ul>\n<p>Follow the original article for more lessons learned from celebrity estates in 2014.<\/p>\n<p>&nbsp;<\/p>\n<p>Visit an experienced estate planning attorney to make sure that you do not make the same mistakes.<\/p>\n<p>&nbsp;<\/p>\n<p>For more information on Common Estate Planning Mistakes, visit our website.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Reference: <span style=\"color: #0000ff;\">Wills, Trusts &amp; Estates Prof Blog<\/span> (December 7, 2014) &#8220;Year&#8217;s Review of Celebrity Estate Planning Lessons&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Important lessons about estate planning can often reach the general public through issues over celebrities&#8217; estates. 2014 has been a busy year for such lessons. Americans are fascinated by the lives and deaths of celebrities. When a celebrity passes away, the public wants to know how his or her estate will be distributed.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[51,52,7],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lessons from Celebrity Estates in 2014 -Estate Planning<\/title>\n<meta name=\"description\" content=\"Celebrities not only provide us with entertainment, but they also serve a lesson. Find out which celebrities we can learn estate planning lesson from.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ssslegalconsultancy.com\/lessons-celebrity-estates-2014\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lessons from Celebrity Estates in 2014 -Estate Planning\" \/>\n<meta property=\"og:description\" content=\"Celebrities not only provide us with entertainment, but they also serve a lesson. 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