Family Wealth and Estate Planning News You Can Use
Legal Expert and Best Selling Author Says Michael Jackson's Estate and Children Are in Trouble
Nationally known estate planning expert and best-selling author, Alexis Martin Neely, fears Michael Jackson's children may face a similar fate to Anna Nicole's daughter after learning both mothers signed away rights to the children and Michael was deep in debt at the time of his death.
Martin Neely, author of "Wear Clean Underwear" the bestselling book on legal planning for parents who has appeared on the Today show, Fox News, CNBC and other programs as a family legal expert, says, "For the sake of his children, whose privacy he so valued, all we can hope is that Michael planned ahead, had life insurance, and named both personal care guardians and financial guardians he knew and trusted."
She goes on to say, "Michael's estate is complicated because his first two children were born to one mother and the third was born via an unknown surrogate.
Plus, since Jackson is reported to be around
Martin Neely says there is an insider strategy known to estate experts that Michael Jackson could have used to ensure that there are assets available for the care of his children regardless of the debts against his estate. Let's hope that his advisors knew about and utilized this strategy.
About Alexis Martin Neely;
Alexis Martin Neely is
America's Personal Family Lawyer®. She is on a mission to
revolutionize the way personal legal services are provided to families
and small business owners in the