An Empty Tradition– When Stars Select to Disinherit

As you tackle creating your estate plan and making choices about who you wish to receive your property, you may experience a feeling of relief in knowing that your family will be looked after after your death.However, for many individuals, consisting of some celebs, the final option they make is to disinherit their household or to leave their kids and family members out of any inheritance whatsoever. Let’s take a look at a couple of the more well-known examples.

Marlon Brando
Though he passed away leaving behind an estate valued at about $30 million, the popular actor likewise selected to disinherit some member of the family. His grand son, 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, completely out of his inheritance. Why he did so is unclear, though Tuki’s mom had committed suicide and his individual assistant had settled a suits against Mr. Brando simply weeks prior to his death.

An Empty Tradition-- When Stars Select to DisinheritMichael Jackson
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 an estate worth over $500 million, Mr. Jackson’s estate plan directed that his children 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 famous siblings or his dad, Joe Jackson.