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Steve Jobs California Estate Planning UPDATE

I just saw this on PRweb. Interesting read I thought: Estate Street Partners affirms that through Steve’s brilliant foresight, he may very well have saved his family $3B and public scrutiny with well-constructed irrevocable trusts Boston, MA (PRWEB) October 27, 2011 Steve Jobs may not have been able to cheat death, but it appears that […]

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Steve Jobs Estate Plan

I pulled this snip-it off of Reuters.com regarding Steve Jobs’ death: “JOBS’ ESTATE: CONFIDENTIAL? Jobs, in his trademark uniform of black mock-turtleneck and blue jeans, was deemed the heart and soul of a company that rivals Exxon Mobil as the most valuable in America.  With an estimated net worth of $7 billion — including a […]

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Michael Jackson Estate Update

When Michael Jackson died I posted the following: “Michael Jackson has been dead less than 24 hours and there are dozens of articles on the internet about this already.  He is in debt $400 million or $500 million or who knows how much….  However, he has assets… worth $500 million or $1 billion… or really […]

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Farrah Fawcett Foundation Being Investigated

Breaking news from ABC News: The California Attorney General’s Office of Charitable Trust is investigating the Farrah Fawcett Foundation for potential mismanagement of funds, diversion of assets, and fraud, ABC News has learned exclusively through numerous sources including Fawcett’s longtime friend and former college boyfriend Greg Lott. The foundation became active after Fawcett’s death in […]

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California Asset Protection

Let me start by saying there is no magic trust. As I often tell clients if there was a magic creditor protection trust we could all get one, stop paying for car insurance, and leave reckless lives. Not saying we all would but a lot of people would. Though there is no magic trust there […]

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Michael Jackson Estate Distribution – Thirty Million

Just saw this article about a very famous California probate case. I still want to know why he didn’t have a living trust although I have a guess… and yes it’s based on the size of probate attorney fees in California!  Article at:   http://www.thecmuwebsite.com/article/jackson-estate-will-pay-30-million-to-his-mother-and-children/ Executors for Michael Jackson’s estate plan to hand over $30 million […]

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