Posts Tagged 'living revocable trust'

Elizabeth Edwards’ Will

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By Lee R. Phillips

John & Elizabeth Edwards' Picture

It is on the news, in the papers and on the internet.  The whole world knows that Elizabeth Edwards, who died last month after a battle with breast cancer, made no mention of estranged husband John Edwards in her will.

I just read that, “the will names her 28-year-old daughter Catherine as executor and leaves everything to her three children. ...

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The Living Trust Screw-up

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By Lee R. Phillips

I had a client bring a “living trust” to me last week.  The client thought the trust was going to solve all of his estate planning problems.  NOT SO!!  It was done by an insurance agent, and this guy had set him up with an “irrevocable personal residence trust.”  The agent had made himself the trustee with one of the client’s children as a co-trustee.  The client had no clue why this trust was created.  ...

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Will Brittany Murphy’s Estate Be Private?

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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 ...

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