As you set about producing your estate plan and making options about who you desire to get your property, you may experience a feeling of relief in knowing that your family will be taken care of after your death.However, for lots of individuals, including some stars, the last option they make is to disinherit their family or to leave their children and relative out of any inheritance whatsoever. Let’s have a look at a couple of the more popular examples.
Though he passed away leaving an estate valued at about $30 million, the well-known star also chose to disinherit some member of the family. His grandson, Tuki Brando, was the child of his formerly deceased daughter, Cheyenne. Mr. Brando left Tuki, along with a child he fathered with his longtime individual assistant, completely out of his inheritance. Why he did so is uncertain, though Tuki’s mother had devoted suicide and his personal assistant had actually settled a lawsuits versus Mr. Brando simply weeks prior to his death.
Though he left his mom and his children well looked after after his death, Michael Jackson’s estate plan eliminated nearly everyone else in his family. After he passed away in 2009 leaving behind an estate worth over $500 million, Mr. Jackson’s estate plan directed that his kids and his mom be called as beneficiaries of the trust that owns his whole fortune. The estate plan, however, made no provisions for any of his popular siblings or his dad, Joe Jackson.