{"id":1025,"date":"2014-06-20T13:00:08","date_gmt":"2014-06-20T20:00:08","guid":{"rendered":"http:\/\/gaudylawblog.com\/?p=100"},"modified":"2014-06-20T13:00:08","modified_gmt":"2014-06-20T20:00:08","slug":"estate-planning-average-joes-oscar-winners-well-lessons-learned-analyzing-estate-planning-methods-celebrities-oscar-winners-provide-helpful-insight-important-estate-planning-tips-1-phillip-seymour","status":"publish","type":"post","link":"https:\/\/gaudylaw.com\/blog-news\/estate-planning-average-joes-oscar-winners-well-lessons-learned-analyzing-estate-planning-methods-celebrities-oscar-winners-provide-helpful-insight-important-estate-planning-tips-1-phillip-seymour\/","title":{"rendered":"Estate Planning from Oscar Winners’ Experiences"},"content":{"rendered":"

Estate planning is not just for average Joes but Oscar Winners as well. Many lessons can be learned by analyzing the estate planning methods of celebrities. Five Oscar Winners provide helpful insight into important estate planning tips:<\/p>\n

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  1. Phillip Seymour Hoffman \u2013 Be Creative with your will or trust; Despite popular belief, wills and trusts don\u2019t only pass on your assets and finances. You can also pass your goals, values, and morals through your trust and will. Philip Seymour Hoffman included wishes that his son is to be raised in Chicago, San Francisco, or Manhattan because he wishes him to be exposed to the culture, arts, and architectures of those cities. He explained that if raising him in these cities is impossible, a bi-annual visit will suffice.<\/li>\n
  2. Elizabeth Taylor \u2013 The Right and Wrong Way to Use a Trust; Despite popular belief, there was no family turmoil with Elizabeth Taylor\u2019s estate. Many expected there to be copies of her will on the Internet, court battles, and probate filing. Elizabeth Taylor\u2019s trust remains private for only her family members to know about.<\/li>\n
  3. Heath Ledger \u2013 Update your Wills & Trusts; Health Ledger failed to update his will after the birth of his daughter, Matilda Rose. His sudden passing caused a family war and almost lead to a court battle. Ledger\u2019s lack of planning may have cost Matilda\u2019s financial security if it wasn\u2019t for a unanimous decision that everything goes to Matilda.<\/li>\n
  4. Frank Sinatra \u2013 Don\u2019t forget to plan ahead; Multiple marriages often cause family wars but Frank Sinatra planned ahead, unlike most people. He included a no contest clause so that if any of his family members were to go to court they would be disinherited completely.<\/li>\n
  5. Marlon Brando \u2013 Verbal Promises aren\u2019t Law; Many people assume verbal promises will hold up in court after their loved one\u2019s sudden passing but they often do not. There were more than two dozen lawsuits after Brando\u2019s death from people whom he had promised things to.<\/li>\n<\/ol>\n

    Gaudy Law is available to help you write up the terms of your will or trust. Contact<\/a> us today and speak with one of our skilled representatives who will treat you fairly with your best interests in mind.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Estate planning is not just for average Joes but Oscar Winners as well. Many lessons can be learned by analyzing the estate planning methods of celebrities. Five Oscar Winners provide […]<\/p>\n","protected":false},"author":4,"featured_media":128,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[76],"tags":[257,74,258,75,259,260,208,261,262,263],"acf":[],"_links":{"self":[{"href":"https:\/\/gaudylaw.com\/wp-json\/wp\/v2\/posts\/1025"}],"collection":[{"href":"https:\/\/gaudylaw.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gaudylaw.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gaudylaw.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/gaudylaw.com\/wp-json\/wp\/v2\/comments?post=1025"}],"version-history":[{"count":0,"href":"https:\/\/gaudylaw.com\/wp-json\/wp\/v2\/posts\/1025\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gaudylaw.com\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/gaudylaw.com\/wp-json\/wp\/v2\/media?parent=1025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gaudylaw.com\/wp-json\/wp\/v2\/categories?post=1025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gaudylaw.com\/wp-json\/wp\/v2\/tags?post=1025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}