As you tackle producing your estate plan and making options about who you wish to get your property, you may experience a feeling of relief in knowing that your family will be cared for after your death.However, for many individuals, consisting of some stars, the final option they make is to disinherit their household or to leave their children and member of the family out of any inheritance whatsoever. Let’s have a look at a number of the more popular examples.
Though he passed away leaving an estate valued at about $30 million, the well-known actor also chose to disinherit some member of the family. His grandson, Tuki Brando, was the boy of his formerly deceased child, Cheyenne. Mr. Brando left Tuki, along with a child he fathered with his long time personal assistant, totally out of his inheritance. Why he did so is uncertain, though Tuki’s mother had committed suicide and his personal assistant had actually settled a claims against Mr. Brando just weeks prior to his death.
Though he left his mom and his children well looked after after his death, Michael Jackson’s estate plan cut out nearly everyone else in his household. After he died in 2009 leaving an estate worth over $500 million, Mr. Jackson’s estate plan directed that his kids and his mother be named as beneficiaries of the trust that owns his whole fortune. The estate plan, however, made no arrangements for any of his popular brother or sisters or his dad, Joe Jackson.