Will Brittany Murphy’s Estate Be Private?

By Lee R. Phillips

Brittany Murphy’s death has certainly come as a shock to the world.  In a way, it is even more shocking to learn that the death was “due to natural causes,” according to the Los Angeles coroner.  Her husband, British screenwriter Simon Monjack, is in shock and is quoted as stating, “I am feeling beyond devastated.”  The shock and grief associated with the death of a loved one can never be prepared for or softened.

The death of one as young as Brittany Murphy reminds us all of our fragile mortality and punctuates the uncertainty of life.  As an individual, I see a personal tragedy on several levels.  As an attorney, I hope she had her legal ducks in a row.  Her death reminds us of our obligations that need to be attended to.  It makes a huge difference.

Michael Jackson also died this year.  His death was also a personal tragedy, but he had done his legal homework, and his estate lives on.  You might remember that after his death the media squared off to have a heyday reporting on the financial dealings of his large troubled empire.  After the first week, it was disclosed that the foundation of his empire was a living revocable trust.  The trust had been maintained. (Just having a trust document isn’t enough.  It has to be used and “maintained.”)  I imagine the media gave a great groan, when they learned the trust was in place, because they were shut out of the juicy details of Michael Jackson’s estate. (more…)

1 Comment »

An Off Year for Thanksgiving

By Kristy Phillips

This is the Phillips family “off year” for Thanksgiving; our family is going to be spread across the country at the in-laws. Thanksgiving2 Our oldest son is spending the day with us. I love Thanksgiving because I have so much to be grateful for. My family tops the list. I have three great kids. Ten years ago as I saw my children growing up and leaving the home I wished that I could freeze time. Well it didn’t happen, but honestly I can’t imagine life without our two cute daughter-in-laws, our son-in-law and our six wonderful grandchildren.

I have heard other grandparents muse that they wish they could have skipped the kids and gone right to the grand kids. Grandkids really are that much fun. There is a certain déjà vu about seeing your grandkids do something their parent did that is indescribable. I am around the grandkids enough to hear so many cute things they say and do. My heart melts. I don’t suppose my feelings are much different than most of yours. The peace of mind that comes from taking care of your estate and planning for emergencies so you can protect your family is one of the biggest reasons I can think of to get your will and trust in place. If you haven’t taken steps to put your affairs in order set a goal to get it done so you can enjoy the holidays.

No Comments »

Celebrate! Make a Trust

Did you know that the third week in October is National Estate Planning Awareness Week? It is a good idea because:Design Your Trust

  • 70% of Americans do not have a basic will – those that have a will fail to keep it updated.
  • 79% do not have a living trust
  • 69% do not have a living will or advance healthcare directive

Have you completed your estate plan? Is up to date? Why not celebrate National Estate Planning Awareness Week and get it done.

No Comments »

Lee Phillips, Attorney

Counselor to the United States Supreme Court

1-800-806-1998

Email Us