It’s been six years since Michael Jackson died, but his estate planning strategy still offers valuable lessons. I already talked about one lesson, the need to designate the right executor for your estate, in a previous post (“The Attics of Life”). Today, I want to look at a tool called pour-over will: How are these wills defined? Why are they useful? So back to Michael Jackson. When the King of […]
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Posts Tagged ‘Michael Jackson’
I don’t generally follow the lives and scandals of celebrities. But when the death of a prominent personality sets off estate planning debates I’m all ear. Such was the case when actor Paul Walker died last November (see my blog post here) and again when the Los Angeles Times recently published an article about the tax debt for the estate of Michael Jackson. Some background information: after Jackson’s death in June […]
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