Posts Tagged ‘estate plan’
Idris Elba proves COVID-19 does not discriminate, so make your estate plan now
The past year has been full of not-so-subtle wake-up calls to the fact that everyone needs an estate plan. We lost a number of great, young influencers and heroes, including Kobe Bryant and Nipsey Hussle. Now we’re being presented with a pandemic that has resulted in more than 700,000 cases and more than 33,000 deaths,…
Read MoreVanessa Bryant and Lauren London: Living proof you need an estate plan
We are all familiar with the tragic death of Nipsey Hussle and the long road ahead of Lauren London in probate court as she fights for her son’s share of Hussle’s estate. Because he was killed before they were married and he didn’t have an executed last will and testament, his estate, which is valued at…
Read MoreCelebrity wives must ensure there’s an estate plan in place that covers them
We’ve seen it happen before with Nipsey Hussle and Lauren London. They were engaged. He was killed before they were married. He didn’t have an executed last will and testament. His $2 million estate has been tangled in probate litigation since his death last year. When there is no estate plan in place, the laws…
Read MoreKobe and Nipsey show the hip-hop generation they must have an estate plan
With the untimely and tragic deaths of NBA All-Star Kobe Bryant and rapper Nipsey Hussle, there is one thing that is evident: death can occur at any place and time, and people must have their affairs in order ahead of time. Death is not reserved for the elderly or the sick who know their time…
Read More7 celebrity estate planning pitfalls
Celebrities are infamous for either failing to plan altogether or planning in a way that doesn’t consider all possible outcomes, which is almost as bad as not having an estate plan in the first place. Here’s a few tips on properly planning for your estate: Plan for the unknown: Rapper XXXTentacion died with a will…
Read MoreRIP Nipsey Hussle: 5 reasons you need an estate plan
Rapper Nipsey Hussle was gunned down outside his L.A. store on Sunday, March 31. He is survived by his two minor children and longtime girlfriend Lauren London. Assuming Hussle died without an estate plan, all his assets would pass to his children in equal shares since he was not married at the time of his death.…
Read More