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New Book To Help Avoid Celebrity Estate Planning Blunders

“Trial & Heirs: Famous Fortune Fights!” Explores High-Profile Cases & Offers Expert Advice

 

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The highly publicized estate battles of several deceased celebrities have cast a bright spotlight on the importance of having the proper estate planning. Although mega-rich celebrities seem to be affected overwhelmingly by these brutal family squabbles, the new book

 

"Trial & Heirs: Famous Fortune Fights!" is designed to help every family, regardless of income level, avoid the financial pitfalls that drained bank accounts and created huge family rifts for the dozens of superstars profiled in the book. 

“Trial & Heirs” uses real stories to help readers steer clear of the same celebrity “estate errors” as they plan for their own “heirs.” The stories cover well known legal fights over famous fortunes: including the recent battles over Michael Jackson’s estate, along with other celebrities like Ted Kennedy; Anna Nicole Smith; Brooke Astor; Heath Ledger, Ray Charles; Princess Di; Jimi Hendrix; Frank Sinatra; Martin Luther King Jr.; and Rosa Parks… as well as many others that most people aren’t even aware of.  The book gives readers a front row seat in the courtroom while the authors replay the “tabloid drama”, point out what went wrong in these riveting cases, and teach readers how to avoid similar errors.

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Edward Kennedy's will revealed

The will of the late Senator Edward Kennedy was filed with a Massachusetts probate court late last week, providing a peek behind the curtain of the famed Kennedy family.  225px-Ted_Kennedy

Kennedy died on August 25, 2009, from brain cancer, at age 77.  He was survived by his wife of 17 years, Victoria, his three children, and two step-children.  Here is a copy of his will, courtesy of FOX TV in Boston:  Download Ted Kennedy's will.   

Kennedy's will reveals that he did the important estate planning that most adults in this country would benefit from ... he created a revocable living trust, The Edward M. Kennedy 2006 Trust.  His will directed that all of his assets pass into this trust. 

The will states that the trust provides for his wife, three children, other relatives, and for payments of his debts and taxes.  It suggests he left nothing for his wife's two children, Kennedy's step-children.

 

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