Tag

Living Trust

All articles tagged with #living trust

"Matthew Perry's $1 Million Trust Linked to Hollywood Legend Revealed in Will"
entertainment1 year ago

"Matthew Perry's $1 Million Trust Linked to Hollywood Legend Revealed in Will"

"Friends" star Matthew Perry left behind a $1 million living trust named after Woody Allen's character in "Annie Hall," with his parents and other family members listed as beneficiaries. His autopsy revealed that he died from "acute effects of ketamine," along with "coronary artery disease, buprenorphrine effects" contributing to his death. Perry's friends and family gathered to remember him at Forest Lawn Memorial Park in Hollywood Hills, and the actor expressed a desire to be remembered for more than his role as Chandler Bing in "Friends."

Priscilla Presley Addresses Legal Feud with Granddaughter Riley Keough Amid Estate Dispute
entertainment2 years ago

Priscilla Presley Addresses Legal Feud with Granddaughter Riley Keough Amid Estate Dispute

Priscilla Presley denies rumors of a feud with her granddaughter Riley Keough over the Graceland estate, stating that their relationship is amicable. This comes after Lisa Marie Presley's death and rumored legal battles over her estate, including a dispute over the validity of a 2016 amendment to her living trust. Lisa Marie's daughters, including Riley, will inherit Graceland, which is held in a trust. Priscilla plans to "keep our family together" as she mourns Lisa Marie.

finance2 years ago

Why leaving money to your kids could be a financial mistake, according to a California lawyer.

California-based estate planning and asset protection lawyer, Brittany Cohen, advises against leaving anything to your children when you die, as it can lead to serious financial and legal issues. Instead, she recommends creating a living trust and making your children beneficiaries. Cohen also advises against adding your children's names to the deed of your primary residence and going through probate court. She suggests seeking advice from an estate lawyer or financial planner to protect your assets and set your loved ones up for success.