I hope you had a wonderful July 4th Holiday! It’s been a little quiet in the office since this was a big week for vacations and long weekends for many of my clients.
We went to a fireworks show, which was a lot of fun. I’ve heard stories from several who live in places like San Pedro, at the Port of Los Angeles… what a fireworks display they had! From Palos Verdes to Long Beach and all cities in between and beyond, to the cruise ships’ shows… there can be as many as 10-15 going on at one time. I’d love to experience that sometime and maybe next year…
And of course, on a topical note, you know that we are in the midst of grieving for the losses of several beloved entertainers this week. Ed McMahon… Farah Faucett… and, of course, Michael Jackson.
I have to admit that, while I have the utmost respect for him as a world class entertainer and appreciate his unsurpassed talent, I have not been glued to the whirlwind of media activity surrounding his passing or the side shows of his estate mess. Because of the size of his estate, the litigation could go on for years and not even be resolved in our lifetime. You’d thnk that someone with his resources that he would have had all of this sewn up and made simple for his family.
If you are in the same situation in that you have not taken these steps – whether you have a $10,000 or $10,000,000 estate, you can see the heartache and the tremendous waste of money that you do not want your family to suffer.
Stick around for this week’s feature article where we talk about “Michael Jackson: What Happens to His Kids?”
Love,
Gerry
PS
For parents of graduating seniors: If your kids are going off to college this Fall, click here for some surprising information about the legal changes that happen when they are 18 and what you can do to protect them while they are still in school.
