Trusts & Estates
Estate Planning Lessons from Whitney Houston’s Legacy: Why a Living Trust is the Preferred Option to a Last Will
Whitney Houston left her entire estate to her 19-year-old daughter, Bobbi Kristina Brown. Various news reports state Bobbi Kristina turned to drugs to cope with her 48-year-old mother’s premature death and the public pressure of constant media attention. In addition, she will also need to cope with becoming a multi-millionaire over the next few years. This article reviews Whitney Houston’s will and suggests ways in which estate planning could have aided Bobbi Kristina and the legacy Whitney Houston left behind.
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