Tuesday, September 20, 2022
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Whitney Houston and Why the Kids Are Our Future


Whitney Houston, beloved singer and actress, left her total property to her 18-year-old solely youngster Bobbi Kristina Brown. The wealth switch was divided into three age-based distributions, with the ultimate switch scheduled at age 30. Nonetheless, issues obtained 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 Photographs Leisure/Getty Photographs

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 drawbacks to having age provisions in trusts;
  • A few of the commonest clauses in trusts;
  • Why communication is important to drafting an efficient will;
  • How far is just too far when creating belief restrictions; and
  • And extra.

Browse extra episodes on this podcast collection. … 

The Movie star Estates: Wills of the Wealthy and Well-known podcast is out there on Apple PodcastsAndroidStitcher and wherever podcasts are discovered. 

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