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Hollywood Gives Learning on Estate Planning

Hollywood Gives Learning on Estate Planning

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Hollywood Gives Learning on Estate Planning

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  1. Hollywood Gives Learning on Estate Planning Many of us pay attention to the never-ending tales about money disputes in Hollywood and shrug them off as having no bearing to our lives. Although most don't, there are some learning to be gained from some of the popular Hollywood money disputes that make the news on an frequent basis. Take, for instance, the latest passing of music legend Etta James. The last year of James' life can be an instance for all of us about the relevance of estate planning. Etta James had a distressed life, both personally and professionally. Born in 1938, James' mother was only 14 years old at the time of her birth. James never knew who her father was; though, it was widely gossiped to be the famous pool player Minnesota Fats. Not shockingly, James' child years was less than ideal. While the singer recorded numerous hits such as "At Last," "Tell Mama," and "I 'd Rather Go Blind," she was also troubled by a drug addiction to heroin for the majority of her adult life. James passed away lately after a lengthy struggle with Leukemia left her battling from dementia toward the later part of the illness. It was this dementia that formed the legal battle. James carried out a power of attorney in 2008 providing one of her sons from a past relationship authority over her finances; though, her husband of 42 years argued that James was already suffering from dementia at the time the power of attorney was signed and disputed the power of attorney for the right to control some of her money as well as make medical options on her behalf. James is barely the single Hollywood case of the need for a detailed estate planning. Stieg Larsson, author of Girl with the Dragon Tattoo books, passed away lately at the age of 50. A court dispute quickly ensued between his girlfriend of 32 years and his father and brother over the $40 million plus estate. Even with claims that Larsson was not close to his family, they won and the girlfriend was left with next to nothing except belongings of his computer that allegedly holds an unpublished fourth manuscript. Ownership of the computer has not been resolved by the courts yet. As opposed to some Hollywood tales, these actually give great scenarios of why estate planning is so vital. In order to be sure that your wants are followed in the event you become powerless or pass away, visit with your estate planning attorney to be sure your wants are put to writing. Speak with numerous qualified lawyers about estate planning and tax consequences. You can list of suggested prospects, assess the strengths and weak points of each lawyer. Compare the experience, education, track record and expenses of every one. Keep in mind that it may be that the priciest or skilled legal representative is not fit to your specific needs. Finally, select an estate planning attorney amongst your candidates and start dealing with him in your estate planning. Get Estate Planning Help Now – Contact:

  2. El Cajon Probate Attorneys 270 E Douglas Ave, El Cajon, CA 92020 619-748-6963

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