Estate Planning Gone Wrong: How Joe Robbie Fumbled His Stadium & the Miami Dolphins – EP. 90 – LTA

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Join Attorney-CPA Joe Cordell and Life’s Third Act researcher, Marlea Parson, as they explore the story of Joe Robbie and his estate planning decisions. In this episode, the pair delve into the consequences of Robbie’s choices on his family and his legacy.

Despite his achievements, Robbie’s estate plan fell short for a man of his wealth. As the founder of the Miami Dolphins, he had grand intentions for his family to carry on his legacy. However, when faced with illiquid assets like the football team and the stadium, things took an unexpected turn.

Learn how family disputes, an elective share petition, and a looming estate tax bill forced the Joe Robbie stadium and Robbie’s portion of the Miami Dolphins into a fire-sale scenario, leaving the family divided and resentful. This story serves as a stark reminder of the importance of meticulous estate planning, particularly for those with gain substantial assets throughout their lifetime, and the real human impact it can have on legacies.

If you have any questions about estate planning or elder law, get in touch with an attorney at TuckerAllen.

Adjusting for Retirement: Planning for the Decline – EP. 89 – Life’s Third Act

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Join Attorney-CPA Joe Cordell as he explores a crucial aspect of retirement planning that often goes overlooked – preparing for the decline. In this episode, Mr. Cordell delves into an article written by Karen and Stephen Kreider Yoder. In their real-life experience pair were abruptly reminded that retirement won’t always be about carefree living. Their vacation accident in Tunisia served as a stark wake-up call.

In retirement, there are the “go-go” years of adventurous exploration, followed by the “slow-go” years when health issues may start to arise, and finally, the “no-go” years when physical limitations can impact our plans. Mr. Cordell discusses how to approach each stage of retirement realistically and responsibly.

Discover valuable advice on setting priorities, crafting contingency plans, and finding a balance between seizing the moment and preparing for the future. Whether you’re already retired, planning for retirement, or simply curious about navigating life’s unpredictable journey, this episode offers thoughtful perspectives to help you make the most of your retirement years.

Read the article: https://www.wsj.com/articles/retirement-health-money-planning-illness-698b5484

If you have any questions about estate planning or elder law, get in touch with an attorney at TuckerAllen.

Aretha Franklin & The Handwritten Will – EP. 88 – Life’s Third Act

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Join Attorney-CPA Joe Cordell and Life’s Third Act researcher, Marlea Parson, as they unravel the story behind Aretha Franklin’s wills. In this episode, they explore the legal journey that began when two handwritten documents were discovered in the iconic singer’s suburban Detroit home.

Join Mr. Cordell and Ms. Parson as they dive into the courtroom drama that pitted Aretha Franklin’s sons against each other, with her estate hanging in the balance. They will cover the differences between the 2010 will, found in a cabinet, and the 2014 note tucked beneath a couch cushion, along with the legal battle that ensued. The pair will also be discussing the importance of having a witnessed and notarized will, why there is such a big difference between writing your own will and having a lawyer write it, and how this will help your estate avoid probate after passing.

If you have any questions about estate planning or elder law, get in touch with an attorney at TuckerAllen.

The Elvis Presley Estate: Revisited – EP. 87 – Life’s Third Act

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Attorney-CPA Joe Cordell returns this week with Life’s Third Act researcher, Marlea Parson, to revisit the ongoing story of the Elvis Presley Estate. Together they rehash its history, take a look at all of the challenges and hands it’s been passed through, and discuss the current situation of this legendary trust, associated with the iconic King of Rock ‘n’ Roll.

Passing through the hands of Priscilla Presley, to her daughter Lisa Marie Presley, and finally ending on its current sole trustee, Riley Keough, the Elvis Presley Estate has seen more ups and downs than most estate plans. Join Mr. Cordell and Ms. Parson as they dig into the journey of the Elvis Presley Estate from its beginnings to the legal battles it faced. Discover the individuals involved and the strategies employed to protect Elvis Presley’s enduring legacy. Whether you’re an Elvis fan, curious about estate matters, or interested in the inner workings of iconic trusts, this episode offers a fascinating look at the Elvis Presley Estate.

If you have any questions about estate planning or elder law, get in touch with an attorney at TuckerAllen.