Tag Archives: wills and trusts

The Controversy Over Arturo Gatti’s Death May Never End

arturo gatti's death

Arturo Gatti

Arturo Gatti, the former world-champion boxer, died violently while on vacation in Brazil, in 2009.  His wife, Amanda Rodrigues Gatti, was arrested for murder, only to be released after the police ruled the death a suicide.  Now, almost four years later, Brazilian authorities have re-opened the investigation and the case may soon return to court.
It’s the latest chapter in a long line of legal struggles that started after Arturo Gatti’s death.  Gatti’s mother, brother, and the mother of his first child have always believed that Rodrigues was responsible for his death.  Gatti was found strangled by Rodrigues’ purse strap, and she reportedly was in the room with his body for ten hours without realizing he was dead.

Rodrigues has consistently maintained that Gatti committed suicide.  She points out that autopsies have been done in both Brazil and Montreal — where the couple lived — and both determined that Gatti killed himself.
Arturo Gatti’s Death

But that has been only part of the controversy.  The other family members Read more...

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James Brown Estate Settlement: Court Scolds SC Attorney General For Hijacking James Brown Estate

The battle over the James Brown estate, the Godfather of Soul, started not long after James Brown died of heart failure and pneumonia on Christmas Day, 2006, at the age of 73.  Now, more than six years later, the South Carolina Supreme Court issued a landmark ruling that may finally lay the epic feud to rest.

James Brown estate

James Brown, February 1973, Musikhalle, Hamburg (Photo credit: Wikipedia)

Brown left behind a detailed will and trust, dated August 1, 2000.  He wanted his personal and household effects divided between six adult children, the sum of two million dollars set aside in trust to pay for the education of his grandchildren, with the rest passing into a charitable trust.  Specifically, he directed that the majority of his assets would be used to pay education expenses and assistance to benefit poor children and young adults who attended schools in either South Carolina or Georgia.

Brown was both physically and mentally strong when he signed his estate planning documents.  His legal documents included clear instructions Read more...

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Urooj Khan: Unsolved Murder of Chicago Lottery Winner Sparks Family Feud

Chicago businessman Urooj Khan jumped for joy when he learned he had the winning numbers for a million-dollar lottery drawing last summer.  Too bad he never had a chance to enjoy it.  He was murdered days before he was going to receive the $425,000 lump-sum, after-tax winnings.

Urooj Khan / Illinois Lottery

Originally, the 46-year-old’s death was ruled natural, due to hardening of the arteries.  Later a family member — unidentified so far — raised suspicions with the police that led to testing blood and tissue samples.  The results came back positive for cyanide.  Police reclassified the death as a homicide.

Khan’s body was recently exhumed, several months after he was originally buried, so more testing could be done to help police learn more about his cause of death.  So far, they haven’t named a suspect.  However, Khan’s brother isn’t waiting for the police to do so.  He’s already spoken out.

Urooj Khan lottery local news video

Urooj Khan’s brother, Imtiaz Khan, told the Chicago Sun-Times that he has suspicions Read more...

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Jenni Rivera’s Estate Heading For Turmoil

Jenni Rivera was a singer-songwriter, actress and Telemundo TV star who died tragically Jenni Rivera Estateon December 9, 2012 in a plane crash in Mexico.  While well-known to fans of Latino music and Mexican TV, Rivera appeared poised to breakthrough to mainstream America due to a new TV show she was set to star in for ABC.

The 43-year old Rivera lived a turbulent life.  She had her first child at age 15 and then married the father.  They had two more children together, but it was a marriage of abuse and molestation.  After the divorce, Rivera’s first husband was convicted and sentenced to 30 years in jail for child molestation.

Rivera married twice more and had two more children from her second marriage.  Her third marriage, to professional baseball player Esteban Loaiza, also was ending.  The couple filed for divorce on October 1, 2012, citing irreconcilable differences.   There was a report that Rivera and her eldest daughter had been fighting because the daughter had an affair with Loaiza, but it’s a Read more...

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Abraham Lincoln Estate: Are You Better Prepared Than Abraham Lincoln Was?

Less than four weeks since its release, the movie Lincoln already has earned nearly $84 million at the box office.  Chronicling Abraham Lincoln’s historic efforts to abolish slavery, the movie has garnered widespread critical and audience appeal.  Abraham Lincoln estate

At Trial & Heirs, however, we can’t help but think of another aspect of Abraham Lincoln’s life … he is one of the most notable examples of someone dying without a will.  This got us thinking, and digging.  What did happen to the Abraham Lincoln estate after he died?

According to a series of bulletins issued from the Abraham Lincoln Association, his family was understandably overcome with grief.  By noon on the day he died, April 15, 1865, Lincoln’s oldest son, Robert, sent a telegram to Justice David Davis of the United States Supreme Court.  Davis was a close friend of Lincoln and Robert considered Davis to be a “second father,” according to a letter Robert wrote years later.  The telegram said, “Please come at once to Washington to take charge of Read more...

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Whitney Houston’s Will: Whitney Houston’s Family Doesn’t Trust Bobbi Kristina’s Ability To Handle Money

Whitney Houston’s mother, Cissy Houston, and sister-in-law, Marion Houston, filed a request in court to change the terms of Whitney Houston’s will.  They want to delay when Bobbi Kristina receives her inheritance in order to protect her.

Whitney Houston performing with her daughter Bobbi Kristina Brown on Good Morning America (Central Park, New York City) on September 1, 2009. (Photo credit: Wikipedia)

The will created a “testamentary trust” for Bobbi Kristina.  What is a testamentary trust?  It’s when a will calls for money to be held in trust for one or more beneficiaries, usually so they can receive money spaced out over time instead of all at once.  It’s far from perfect, as we discuss in this article, because a testamentary trust does not avoid probate, which can be expensive, messy and very public.

But that is not the biggest drawback to Whitney Houston’s will.  Her biggest mistake was failing to update her will, even after her divorce from Bobby Brown, to better protect Bobbi Kristina.  The Read more...

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Monkey Business Surrounding Davy Jones Estate

After The Monkees frontman, Davy Jones, died of a heart attack at age 66 on February 29, 2012, his family took the very unusual step of having Davy Jones Will and related probate court documents sealed — perhaps to shield family disharmony from public view.  davy jones estate

Wills, unlike living trusts, are public court documents and generally available for the public to read.  Because of this, you can find hundreds of celebrity wills online through simple internet searches (and it sure helped us write our book, Trial & Heirs:  Famous Fortune Fights!).

Davy’s family, led by his oldest daughter, Talia Jones — who has been named as the personal representative to administer the Davy Jones Estate — asked the Judge to seal the file.  The request, according to this gossip website that obtained a copy of it, argued that the court should deny public access to his “planning documents and financial affairs as public opinion could have a material effect on his copyrights, royalties and ongoing goodwill.”  The request was granted, Read more...

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Learn From Celebrity Estate Planning Mistakes

Estate Planning Mistakes

As two lawyers who have written about celebrity estates for years and hosted the national television special Trial and Heirs: Protect Your Family Fortune! on PBS affiliates, we’ve noticed that stars often make the same big estate planning mistakes as people with very modest assets. It’s just the dollar amounts that differ.

Learn from their goofs and avoid repeating them yourself. That way, you’ll protect your loved ones and be sure your inheritance wishes are carried out.

These are the top four estate planning mistakes made by celebs — errors you’ll want to avoid:

1. No will. Most of us naturally want to be sure our assets are distributed properly after we pass away, so it’s surprising that almost two-thirds of adults don’t even have simple wills. Whether you have millions of dollars or just a modest estate, estate planning is critical — starting with a will.

Unfortunately for the family of Amy Winehouse, the singer didn’t have a will when she unexpectedly passed away at Read more...

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Rosa Parks Estate: Legacy Stained By Court Feud, Wild Accusations Of Corruption

Fighting over estates is never pretty.  These court battles are emotional, draining, and sometimes downright nasty for everyone involved.  When they happen to the estate of a beloved American icon, it’s even more tragic.  Rosa Parks Estate

Rosa Parks Estate has been embroiled in fighting since not long after she died on October 24, 2005 at the age of 92 in Detroit, Michigan.  You can read about the long history of the court battle, which we summarized in this Trial & Heirs article.  In short, the Michigan Supreme Court restored the rights of the primary beneficiaries to Rosa Parks’ estate plan, years after the probate court judge ordered that their rights had been forfeited.  Finally, it seemed that the fighting had reached its end.

Instead, the battle actually turned uglier than before.  The attorney representing those beneficiaries who rights were recently restored — Rosa Parks’ friend Elaine Steele and the charitable institute that Rosa Parks had created, which Steele operates — went on the attack again.  He took the highly-unusual step of Read more...

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Michael Jackson’s Estate: Siblings Promise New Fight Over His Estate

Michael Jackson’s estate faced a tumultuous beginning three years ago after he unexpectedly died.  First his mother, Katherine, and then his father, Joe, filed challenges against the executors of his Estate, John Branca and John McClain.   Katherine backed off her attack and Joe’s case was thrown out of court.  Michael Jackson's estate
Since then, the Estate has been relatively peaceful, at least on the surface.  Branca and McClain have led the Estate from a debt-ridden start to enormous profits.  They began around $500 million in the red when the King of Pop died.  Three years later, Michael Jackson’s estate reported $475 million in profits.
Of course, Branca and McClain have enjoyed a huge financial windfall from this as well.  They have a special arrangement, blessed by the probate judge who oversees the estate, allowing them to earn 10% from most deals they cut for the Estate.  Branca and McClain are now facing a new attack over their handling of the Estate.

Several of Michael’s brothers and sisters — including Janet, Randy, Tito and Read more...

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