Celebrity Estates: Wills of the Rich and Famous
WealthManagement.Com
Welcome to the Celebrity Estates podcast. In this podcast we break down high profile celebrity estate planning cases for advisors and their clients. Most celebrity estate catastrophes are based on the same issues that everyday people face, just with the volume turned up. Our goal is to identify and extract the individual estate planning issues that lie at the heart of each story. We then discuss what advisors should expect and how to avoid common pitfalls.
Episodes
Mentioned books
Feb 22, 2022 • 37min
63. Jay Leno: Planning for Classic Car Collections
Jay Leno spent 22 years hosting the “The Tonight Show” before being inducted into the Television Hall of Fame. His prized collection consists of approximately 286 vehicles: 169 cars and 117 motorcycles, all of which create a bit of a challenge when it comes to asset planning. In this episode, David Lenok is joined by … Read More Read More
Feb 7, 2022 • 27min
62. Aristotle Onassis: The Impact of International Asset Planning
From the mid 1920’s to his death in 1975, Aristotle Onassis embodied the phrase “many fingers in many pies” with businesses ranging from international shipping to less savory military hunters. Greek law limited how much could be granted to his American wife, Jackie O., after his death, regardless of his enormous legacy. With those limitations … Read More Read More
Jan 24, 2022 • 28min
61. DMX: Planning For Blended Families
David Lenok is joined by John Pantekidis, chief investment officer and general counsel at Twin Focus, to discuss the struggles of determining inheritance with children from multiple partners and the legal and tax issues when children are taken into account. With over 74 million records sold worldwide and a lucrative career that took him in … Read More Read More
Jan 3, 2022 • 30min
Ep 60 – Audrey Hepburn: When Secrets Destroy A Family
Encore Presentation David Lenok, senior editor at WealthManagement.com, is joined by Dr. Denise Federer, speaker, consultant, coach, psychologist, author, and founder of the Federer Performance Management Group (FPMG) as they discuss the impact of families not having those difficult conversations about their money and wealth. This episode focuses on an icon from Hollywood’s Golden Age, … Read More Read More
Dec 20, 2021 • 30min
Ep 59 – Philip Seymour Hoffman – Don’t Delay When It Comes To Your Estate Plan – With Megan Gorman
In this episode’s encore presentation, David Lenok, senior editor at WealthManagement.com, is joined once again by Megan Gorman, founding partner of Chequers Financial Management. Today’s celebrity example is Philip Seymour Hoffman, American actor, director and producer, and father of three children with longtime girlfriend, Mimi. At the time of his death, Philip Seymour Hoffman’s only … Read More Read More
Dec 6, 2021 • 32min
Ep 58 – MacKenzie Scott: The Future of Giving?
With a 4% stake in Amazon, MacKenzie Scott, formerly MacKenzie Bezos, is the third wealthiest woman in the United States. In this episode, David Lenok is joined by Richard Peck, vice president of New Hampshire Charitable Foundation, and Jonathan Gassman, CEO of Gassman Financial Group. Richard and Jonathan discuss how she goes about charitable giving … Read More Read More
Nov 22, 2021 • 35min
Ep 57 – Prince: Planning for Intellectual Property With Matthew Erskine
From his home and liquid possessions to his image and royalty rights, settling Prince’s estate would have been a complex process, even with a will. But Prince did not have a will, and this led to one of the largest and most complex estate battles in Minnesota and even American history. However, the most mysterious … Read More Read More
Nov 8, 2021 • 29min
Ep 56 – Elon Musk’s Charitable Limits With John Pantekidis
Between his six children and his illiquid assets in Tesla and SpaceX, Elon Musk’s claim to give half of his fortune to charity falls short. Yet only a few small steps would be required to increase his charitable giving and arrange support for his family. In this episode, David Lenok is joined by John Pantekidis … Read More Read More
Oct 25, 2021 • 31min
Ep 55 – Britney Spears: How The Jump Conservatorship Skips Estate Planning With Megan Gorman
In 2008, following a very public breakdown, Britney Spears and her estate were placed under a conservatorship managed by her father, Jamie Spears. Now 13 years later, Britney is contesting the conservatorship. In this episode, David Lenok is joined once again by Megan Gorman from Chequers Financial Management. They dive into the legal wrangling of … Read More Read More
Oct 11, 2021 • 30min
Ep 54 – James Brown: Philanthropy After Death With Robert Strauss
In this episode, David Lenok, senior editor at WealthManagement.com, is joined by Robert Strauss, shareholder and director of Weinstock Manion, specializing in guiding high net worth families, business owners, and real estate developers through the complex process of estate and wealth transfer planning. Today’s celebrity example is the estate of legendary musician and American icon … Read More Read More
