What should planners consider when an irrevocable trust no longer fits the family it was designed to serve? For estate planning professionals advising families with closely held businesses, that question can become especially difficult when beneficiaries have different roles, financial interests and ideas about the company’s future. In this episode of Celebrity Estates, Senior Editor …
Couples often treat prenuptial agreements as something to worry about only if a marriage ends, but many of the most useful decisions happen long before that possibility ever arises. The process can bring financial expectations, family responsibilities and future planning into the open while both people are still working toward the same goals. In this …
Families often assume everything will work itself out after a major loss, until unanswered questions and outdated decisions start creating confusion. The hardest part usually isn’t the paperwork itself, it’s the conversations that never happened beforehand. In this episode of Celebrity Estates, Senior Editor David Lenok speaks with Brad Repinsky, director of estate, tax and …
Estate planning often becomes far more difficult when families inherit assets tied to royalties, licensing rights and public image. Clear communication and preparation can make the difference between unity and conflict after a loved one passes away. In this episode of Celebrity Estates, Senior Editor David Lenok speaks with Scott Rahn, trust and estates litigator …
Estate planning can appear straightforward until factors like privacy, control and long-term management come into play. What begins as a simple distribution of assets can quickly involve decisions around trusteeship, probate and how to prevent disputes. In this episode of Celebrity Estates, Senior Editor David Lenok speaks with Jennifer Proper, managing director of wealth strategies …
Estate planning becomes more complicated when assets, citizenship and tax rules extend beyond a single country. What seems straightforward on paper can quickly involve multiple jurisdictions, reporting requirements, and competing legal systems. In this episode of Celebrity Estates, Senior Editor David Lenok speaks with Martin Behn, partner at Lathrop GPM, about the estate planning challenges …
Life choices that fall outside the traditional script can expose weaknesses in systems built on long-standing assumptions. When marriage, children and default heirs are not part of the picture, planning must adapt or risk unintended consequences. In this episode of Celebrity Estates, Senior Editor David Lenok explores the estate of Coco Chanel alongside Dr. Jay …
Unexpected events can expose gaps in even the most carefully prepared estate plans. When family conflict, legal standards and timing collide, the outcome can reshape how assets move and who ultimately benefits. In this episode of Celebrity Estates, Senior Editor David Lenok examines the estate of Rob Reiner alongside Sean Weissbart, partner and co-chair of …
Legacy is often shaped less by what is given and more by how values are shared across generations. In this episode of Celebrity Estates, wealth manager Philip Richter joins the show to explore philanthropy as a core part of estate planning and family decision-making. The conversation examines The Giving Pledge and how charitable intent, when …
Money passed down with good intentions can still create conflict, confusion and long-lasting family tension. In this episode of Celebrity Estates, estate planning attorney Don D. Ford III joins the show to examine why more high-net-worth families are choosing to limit inheritances, not out of neglect, but out of concern for the long-term health of …