In previous posts, our Los Angeles readers learned important lessons from the wills, trusts and estate planning of celebrities. Due to their fame, many of the personal details of a celebrity death are revealed. These details provide important lessons from which the rest of us can learn.
Recently, the dispute between Michael Jackson’s mother, who is the children’s guardian, and other family members has been in the news. Five of the Jackson family members have written a letter to the estate’s executors claiming that Michael Jackson’s last will was “fake, flawed and fraudulent.” This will and trust dispute teaches us three important lessons.
As of this posting, Jackson’s brother T.J. has day-to-day custodial responsibilities for the three Jackson children and Jackson’s mother has control of the finances.
Source: ABC News, “Michael Jackson Family Feud: Lessons for Wills and Trusts,” Alan Farnham, July 30, 2012
Our Los Angeles law firm represents individuals with a full range of estate planning needs including wills, trusts and guardianship issues such as those mentioned in this posting.
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