Updated Tuesday, September 16, 2014 as of 3:27 AM ET

Warhol Painting Mess: Estate Planning Takeaways

Danielle and Andy Mayoras
January 14, 2014

While spending years in litigation over a single piece of art is unusual, family fights over valuable or sentimental personal property left by a deceased loved one are far from uncommon. The mess involving a Warhol portrait of Farrah Fawcett offers an important estate planning lesson for advisors.

Top 5 Legal Challenges Facing Michael Jackson's Estate Executors

Danielle and Andy Mayoras
October 1, 2013

As the court battle between Michael Jackson’s heirs and entertainment company AEG heads to the jury, the case highlights five legal challenges and complications that the estate executors have had to worry about in the last few months alone.

Estate Planning Lesson From The Simpsons Co-Creator

Danielle and Andy Mayoras
August 9, 2013

A terminal diagnosis for Simpson's co-creator Sam Simon pushed him to immediately address his estate and charitable giving plans. His story offers an important lesson for your clients.

Estate Planning Lessons From Tony Soprano

Danielle and Andy Mayoras
July 16, 2013

To put it bluntly, James Gandolfini’s estate is a mess. His faulty estate planning provides a good lesson of the types of complications that can arise for clients who rely heavily on a will.

Kobe Bryant’s Legal Dispute with Mom Teaches Lesson About Gift Lawsuits

Danielle and Andy Mayoras
May 14, 2013

You can do your clients a great service by sharing this story and reminding them that gifts of valuable personal property need to be well-documented with good estate planning, so that their loved ones don’t have to fight in court over whether a valid gift was made or not.

Lessons Learned from Godfather of Soul's Estate

Danielle and Andy Mayoras
March 1, 2013

The battle over the estate of the Godfather of Soul started not long after James Brown died in 2006. Now, the South Carolina Supreme Court issued a landmark ruling that may finally lay the epic feud to rest, and could establish an interested precedent for your clients.

Duke Heirs Battle Over Billion-Dollar Fortune

Danielle and Andy Mayoras
February 13, 2013

How many people would jump at the chance to trade places with 15-year-old twins who stand to inherit one billion dollars in six years? Andy and Danielle Mayoras warn: be careful what you wish for.

Unsolved Murder of Chicago Lottery Winner Sparks Family Feud

Danielle and Andy Mayoras
January 31, 2013

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.

Telemundo Star's Estate Heads for Turmoil

Danielle and Andy Mayoras
January 13, 2013

Jenni Rivera was a singer-songwriter, actress and Telemundo TV star who died tragically and now her estate will be as rocky as her life.

Are Your Clients Better Prepared Than Abraham Lincoln Was?

Danielle and Andy Mayoras
December 13, 2012

Abraham Lincoln is one of the most notable examples of someone dying without a will. This begs the question, what happened to Lincoln’s estate after he died?

Court Ruling Allows Late Jeffersons Star To 'Move On Up'

Danielle and Andy Mayoras
November 13, 2012

One could only imagine what George Jefferson — the wise-cracking character who was “movin’ on up” on the 1970's TV hit, The Jeffersons — would have said about this predicament. The body of actor Sherman Hemsley, who played George Jefferson, has been kept on ice for the last 3 1/2 months.

Epic Struggle Between Superman Heirs and Warner Bros. Over Copyright

Danielle and Andy Mayoras
October 29, 2012

The heirs of the two co-creators of the legendary comic book hero have been battling the powerful media conglomerates, Warner Bros. and DC Comics, for many years in a series of (seemingly) never-ending lawsuits. While most of your clients will never have to worry about something as valuable as Superman copyrights, it is very common for disputes to arise regarding an estate, trust or assets of someone who passed away. 

Whitney Houston's Family Doesn't Trust Daughter's Money Management Skills

Danielle and Andy Mayoras
October 15, 2012

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. The will created a “testamentary trust” for Bobbi Kristina. Andy and Danielle Mayoras explain what a testamentary trust is (and how you could use it with your clients.)

Insurance, Disclosure Issues Complicate Michael Jackson Estate

Danielle and Andy Mayoras
September 10, 2012

Insurance is an important part of all your clients' financial plans. The current controversy surrounding Michael Jackson's estate and litigation serves as a stark reminder to your clients to be careful and make full disclosure so their heirs don't have to face a lawsuit over an insurance claim when they die.

Monkee Business Surrounding Davy Jones Estate

Danielle and Andy Mayoras
August 21, 2012

Legacy expert attorneys Danielle and Andy Mayoras say the circumstances surrounding the late musician's estate serve as the latest reminder that having the proper estate planning instructions in place - and keeping them updated - is extremely important for every client.


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