Monday, September 19, 2022
HomeWealth ManagementWhitney Houston and Including Age Provisions For Beneficiaries

Whitney Houston and Including Age Provisions For Beneficiaries

Whitney Houston, beloved singer and actress, left her complete property to her 18-year-old solely baby Bobby Christina Brown. The wealth switch was divided into three age-based distributions, with the ultimate switch scheduled at age 30. Nevertheless, issues received sophisticated when Brown, too, died at 22 earlier than inheriting her mom’s property.

On this episode, David Lenok is joined by Jennifer Correct, managing director of Wealth Methods at Pitcairn, to debate the advantages and pitfalls of age provisions inside trusts and the significance of balancing safety with the beneficiaries’ will.

Ben Hider/Getty Photos Leisure/Getty Photos

Whitney Houston (proper) and her daughter, Bobby Christina Brown, carry out collectively in Central Park in 2009.

David and Jen focus on:

  • Key benefits and downsides to having age provisions in trusts
  • A number of the most typical clauses in trusts
  • Why communication is important to drafting an efficient will
  • How far is just too far when creating belief restrictions
  • And extra

Browse extra episodes on this podcast collection. … 

The Celeb Estates: Wills of the Wealthy and Well-known podcast is obtainable on Apple PodcastsAndroidStitcher and wherever podcasts are discovered. 



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