The unexpected death of pop star, Whitney Houston, was a shock to many people. She was legend to those who have listened and loved her music for decades. During this sad time, it is a reminder that people should always be prepared for the unexpected. A source states that Whitney Houston, who died at age 48, had a will that left her only daughter, Bobbi Kristina Brown, as the main beneficiary who is alarmingly only 18 years old. According to an Investment News article, it is too early for anyone to know what kind of shape her estate was in when she died.
Any person should review and update their estate planning documents every three to five years to make sure everything is in place especially in events such as birth of a new child, divorce, remarriage, or new business or real estate. Many celebrities and high-net-worth clients postpone estate planning because it can be extremely complex and time consuming. According to the article, Sonny Bono, John Denver, Jimi Hendrix, and Bob Marley all died without completing a will.
There are circulating rumors that the six-time Grammy winner was broke. Whether true or false, her estate is still expected to gain an enormous boost in song sales since her death and the sale of her $1.75 million dollar mansion.
It is very important for individuals to have the proper documents to determine the manner in which they want their estate to be distributed. Not only does this give the person a ?peace of mind?, but will save their loved ones many hours of frustration and grief.
If you have any questions about estate planning, please contact the Legacy Center of Louisiana at 225-744-0027 or visit our website at www.legacycenterla.com
Serving Baton Rouge & All Parishes; the Legacy Center of Louisiana, LLC is a law firm located a few miles south of Baton Rouge, Louisiana in Prairieville. Our practice focuses on elder law, estate planning, estate administration, and probate and successions issues. The mission of the Legacy Center is to help Louisiana families have a lasting legacy - a legacy beyond the mere transmission of material wealth. We accomplish our mission by guiding our clients through the legal maze of will and trust law, Medicaid planning, VA benefits, estate tax law, and probate law. But, we do much more than that. We also share the concerns and burdens of our Elder Law clients who are caring for a loved one, counsel our estate planning clients in ways to preserve the harmony that is easily lost upon the disability or death of a loved one. In short, we strive to treat our clients in the same manner we would like to be treated. Our clients sleep well knowing their estate is legally protected through proper legal planning of living wills, trusts, and other estate planning strategies; and handled with compassion, expertise, and dedication to excellence. You will sleep well too when you know you and your family are prepared. Each area of our practice is devoted to protecting your estate and helping you to leave a lasting legacy. We can help you protect yourself in time of need and when the time comes, pass on a lasting legacy. With proper estate planning, Medicaid planning, VA benefits planning, successions and probate, and other elder law services, you can rest assured that the administration of your estate and your family will be in good hands. Coupled with our mission to help you leave a lasting legacy, is our commitment to treat each person who gives us the opportunity to assist them with the care and kindness found in our own families. We strive to treat all people with dignity, respect, and courtesy. We understand that all legacies begin with love and dreams regardless of the amount of tangible assets. While our work often involves complex legal issues, rest assured that we will not be satisfied until you understand these issues and how these issues affect you. This entry was posted in Estate Planning Awareness, General Elder Law, General Estate Planning, Will and tagged 2012, advance directives, attorney, Baton Rouge, elder law, elder law attorney, estate planning, estate planning attorney, Legacy Center, Linda S. Melancon, Louisiana. Bookmark the permalink.Source: http://legacycenterla.com/blog/whitney-houstons-legacy/
bill maher tyler perry seabiscuit dingo nba all star weekend malin akerman jeff carter
No comments:
Post a Comment