Keystone Law Firm - July 2024

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INSIDE THIS ISSUE

The Importance of July 4th

1

How to Master Puppy Manners

2

The Drawbacks of Transfer on Death Deeds

Quinoa Veggie Bowl

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How Mansa Musa’s Splendor Impacted the Ancient World

An Inside Look at Matthew Perry’s Living Trust

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THE LASTING IMPACT OF MATTHEW PERRY’S ESTATE TRAGIC LOSS AND LEGACIES

An estate plan is crucial for several reasons: It ensures your assets are distributed according to your wishes after you pass away and minimizes potential disputes among family members. You can also

designate guardians for minor children to ensure they are cared for. Matthew Perry, well-known for his role in “Friends,” proved to be one step ahead when he set up a living trust in 2009. The 54-year-old Hollywood star was found unresponsive after drowning in his Los Angeles, California, home on Oct. 28, 2023. According to NPR, “His drowning, coronary artery disease, and the effects of buprenorphine — a medication used to treat opioid use disorder — were noted as factors that contributed to his death, but were not the primary cause, according to the autopsy results. The death was ruled an accident.” According to a recent filing, most of Perry’s belongings will be placed in the Alvy Singer Living Trust, named after Woody Allen’s character in “Annie Hall.”

beneficiaries. His half-sister, Caitlin Morrison, and ex-girlfriend, Rachel Dunn, were also listed. Perry also indicated that any children he had would not be entitled to access his estate. (He never had children.) According to FindLaw, “The Alvy Singer Living Trust trustees are Lisa Ferguson and Robin Ruzan. Ferguson was Perry’s business manager, and Ruzan was a friend and executive producer. Perry’s estate is valued at over $120 million.” The passing of Matthew Perry marks the end of an era as fans mourn the loss of a talented actor whose work left a significant impact on the entertainment industry. However, beyond his artistic legacy, Perry’s death highlights the importance and benefits of estate planning, the significance of living trusts, and the blessing of orderly distribution of assets. His family is the fortunate recipient of his generous gift.

His father, John Perry, and his mother, Suzanne Morrison, are the trust

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