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Celebrity Legacies: The Fleecing Of The Elvis Presley Estate

Elvis Presley earned more than one billion dollars during his career … so why was his estate worth only about ten million dollars when he died?  How did things get even worse for his heirs afterwards?   Elvis presley memphis

And what would Elvis Presley say about appearing as a hologram?

This is installment #6 of our Estate Planning Lessons From The Stars series, which is based on the Celebrity Legacies TV show for which we provide commentary as the estate legal experts.  See other articles in the series here.

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Celebrity Legacies: Yoko and Julian Battled Over John Lennon's Estate

When John Lennon of the Beatles was tragically murdered in 1980, his controversial widow, Yoko Ono, took charge of his legacy and his fortune ... but where did that leave his two sons? As arguably the most successful songwriter of all time, what did Lennon leave behind?   John Lennon and Yoko Ono

And what did the King of Pop have to do with John Lennon's legacy?

This is installment #5 of our Estate Planning Lessons From The Stars series, which is based on the Celebrity Legacies TV show for which we provide commentary as the estate legal experts.  See other articles in the series here.

He famously sang "All You Need Is Love."  When it came to leaving money for his first-born son, John Lennon must have had that song in mind, because he apparently didn't believe that Julian needed money.  In fact, according to Lennon's first wife, Julian's mother Cynthia, the man known as the "cool" Beatle was a cruel negotiator during their divorce. Cynthia says he refused to give more than 75,000 pounds for her and Julian, supposedly telling her she wasn't worth any more.

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Celebrity Legacies: Whitney Houston No Stranger To Estate Trouble

Whitney Houston's fortune bounced from sky-high to significant debt.  What did this mean for her estate?  And was it money — or something else — behind Whitney’s ugly legal battle with her “step-mother”?  Whitney_Houston_performing_on_GMA-300x231

How exactly does Bobby Brown fit into all of this?

This is installment #4 of our Estate Planning Lessons From The Stars series, which is based on the Celebrity Legacies TV show for which we provide commentary as the estate legal experts.  See other articles in the series here.

Before Whitney Houston unexpectedly drowned in a Beverly Hills hotel bathtub at age 48, on February 11, 2012, rumors circulated that she was in such financial trouble that she was nearly broke.  She reportedly died $20 million in debt.

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Will Robin Williams' Estate Be Broke?

The initial shock of Robin Williams’ tragic death, apparently from hanging himself, is giving way to reflections of his memory and legacy. Another question many people are asking is what happens next for his family and his estate. He was survived by his third wife, Susan Schneider, to whom he was married for three years, and three adult children from his prior two marriages, whose ages range from 22 to 31. There is a realistic fear that Williams’ death left may have left them in financial distress.   Robin Williams

In an interview with Parade Magazine in 2013, Williams lamented how he was required to change his lifestyle because of how much he lost in his two divorces (reportedly, $30 million). He said he returned to TV because of “bills to pay.” Williams also admitted to listing his Napa Valley estate for sale because he could no longer afford it.

Robin Williams‘ publicist recently said that he was not in financial trouble and his comments were not to be taken seriously. Regardless of whether his publicist is trying to protect his image, or if Williams was being truthful in the interview, Robin Williams family members will be far from destitute.

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Jim Morrison's Estate And Legacy Marred By Probate Fights

Who opened the door to battles over the Jim Morrison Estate?  Who won ... and what did they win when the dust settled?  And does drinking your loved one's blood constitute a valid marriage ceremony?Jim_Morrison

This is installment #2 of our weekly Estate Planning Lessons From The Stars series, which is based on the Celebrity Legacies TV show for which we provide commentary as the estate legal experts.  See other articles in the series here.  

Legendary Doors singer Jim Morrison died young at just 27 years of age, in 1971, from a heroin overdose. While his estate had limited cash when Morrison died, the assets in his estate became worth around $80 million.

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Lou Reed's Estate Teaches A Lesson In Trust Planning

I guess we shouldn't be surprised.  After all, Lou Reed was the man who famously crooned, “Hey babe, take a walk on the wild side.” The late lead singer and guitarist of The Velvet Underground -- and of course, a musician and songwriter with a successful solo career -- may have been a bit wild at times. But that doesn't explain why he would be so careless with his estate plan.   Lou-Reed

Recent filings with the Surrogate's Court in Manhattan show that Reed's estate has already earned more than $20 million since he passed away from liver disease at the age of 71, on Oct. 27. This is only the income that Reed's estate has brought in since his death, primarily from royalties.

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Whitney Houston's Family Is Fighting - Is Estate Money To Blame?

Whitney Houston’s family has been through its share of disagreements since the pop diva passed away on February 11, 2012.  Early on, there was trouble at the funeral, sparking concerns of a feud with Bobby Brown.  Recently, however, the trouble has centered around Nick Gordon.  Gordon was raised and treated like a son by Whitney Houston, from the time he was 12 years old. Whitney-houston-bobbi-kristina-brown-148x300

Rather than looking at Whitney Houston's Daughter, Bobbi Kristina Brown, as a sister, Gordon (now age 24) and Bobbi Kristina (who just turned 21) have recently gotten married.  The tabloids are having fun with that relationship!  Whitney’s mother, Cissy Houston, reportedly called the relationship “incestuous” when they were dating.  Now that they are actually married, TMZ says Cissy was furious, but she hasn’t spoken publicly about it since then.

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