Joe Cordell speaking into a microphone for ElderTalk podcast

Attorney-CPA Joe Cordell and co-host Susan Arthur continue their discussion on estate planning issues that arise for celebrities. They discuss musician Ray Charles and the issues surrounding the trusts that he established for his children, as well as the amount that he left for his charitable foundation. Due to a lack of clarity and updates regarding the amounts being given to each child, litigation occurred.

Joe and Susan also discuss musician and aspiring politician Sonny Bono and his lack of will during the time of his death. They highlight how her former wife, Cher, sued the estate for unpaid alimony and was able to collect, despite her own success.

They talk about R&B singer Barry White and the lack of updates of his will. This, paired with the fact that his divorce to his second wife was not made legal, caused problems among the family members involved.

Joe and Susan also break down the issues surrounding Michael Jackson’s last wishes and the issues surrounding having a pour-over will and not putting the assets in a trust, as well as the estate of former Miami Dolphins owner Joe Robbie and the problems he had with his will, revocable trust, and his spouse’s forced share. They wrap up the show by discussing how much money Leona Helmsley gave her dog after she died.

Highlighting Celebrity Estate Planning Issues Part 2 [Episode 89]