IF IT CAN HAPPEN TO THE RICH AND FAMOUS, IT CAN HAPPEN TO YOU
LESSONS FROM CELEBRITY ESTATE PLANNING MISTAKES
his young daughter as a beneficiary. Naturally, a legal battle ensued over who was meant to get Ledger’s considerable assets. Always remember to update your estate plan! MARLON BRANDO One of the most influential actors of the 20th century, Brando lived a long, full life before passing away at 80 years old in 2004. He had an estate plan in place, but as the legal proceedings began, a woman came forward claiming that Brando had left her the house she was currently living in, which Brando owned. The problem was that she never got it in writing. If Brando did actually mean to leave her the house, not getting that promise to her in writing was a big mistake. The woman ended up settling with the executors. Estate planning foibles can happen to anyone, even the rich and famous. But you can prevent it with the help of the attorneys at REIBLAW. Give us a call today at 940.591.0600.
A celebrity’s wealth might seem like the key to their happiness when they’re alive, but if they don’t have a clear plan for it after they die, it becomes a huge liability for their family and beneficiaries. In fact, some truly infamous legal battles over celebrities’ assets in the past decades could have been avoided if they had prepared a proper estate plan. JIMI HENDRIX Everyone knows Jimi Hendrix as one of the greatest guitar players of all time. What you might not know is that when he died at just 27 years old, he did not have a will or any sort of estate plan for distributing his assets. Jimi was close with his brother, but in the absence of a clear written plan, all of Jimi’s assets went to his father. His father then left all of his wealth to a daughter from a later marriage. Jimi’s brother never saw a dime. The takeaway: You’re never too young to create an estate plan. HEATH LEDGER Perhaps best known for his role as The Joker in “The Dark Knight,” actor Heath Ledger died soon after filming the movie. While he was young like Jimi Hendrix, Ledger actually had drafted a will, in which he left all his assets to his parents and sister. However, he died before he could update it to include
BALSAMIC MARINATED FLANK STEAK
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Inspired by FoodAndWine.com
INGREDIENTS
• 1 cup extra-virgin olive oil, plus more for grilling • 1 3-lb flank steak • Kosher salt, to taste • Freshly ground pepper, to taste
• 2 garlic cloves, sliced • 1 tbsp fresh rosemary leaves • 1 tbsp dried oregano • 2 tbsp whole-grain mustard • 1/2 cup balsamic vinegar
DIRECTIONS
1. Combine garlic, rosemary, oregano, mustard, and vinegar in a blender. Purée until garlic is minced. 2. Add oil and continue blending until creamy, then season with salt and pepper to taste. Reserve 1/4 cup. 3. Place steak in a ceramic or glass baking dish and cover steak with the remaining marinade. Turn to coat the other side, cover, and let marinate in the fridge for at least 4 hours. 4. Remove steak from marinade and let excess marinade drip off. Sprinkle the steak lightly with salt and pepper. 5. Light grill and oil grates with olive oil. 6. Grill steak over moderate heat for 10–12 minutes, turning halfway through, until steak is lightly charred and the internal temperature reaches 125 F. 7. Let the steak rest for 5 minutes. Thinly slice, drizzle reserved sauce, and serve.
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