Estate Planning Questions, Answered | Beneficiaries & Irrevocable Trusts – EP. 204 – LTA

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This week on Life’s Third Act, Joe Cordell kicks off a new series answering the most commonly searched estate planning questions on YouTube, joined by Cordell & Cordell estate planning attorney John Sauter. In part one, they start with a big one: the difference between a will and a trust. John breaks a trust down in plain English as “a box with instructions on the lid,” explains the roles of settlor, trustee, and beneficiary, and why choosing the right successor trustee matters. They also cover how trusts can help avoid probate delays, build in flexibility for the unknown, and provide long-term protections for your family, including creditor and divorce-related risks. Plus, they touch on revocable vs irrevocable trusts and how multi-generation planning can work in the real world.

Call 866-323-7529 or visit https://cordellcordell.com/practice-areas/estate-planning/ to schedule an estate planning consultation. For a limited time, mention LIFE’S THIRD ACT for 15% off eligible estate planning services!

Ozzy Osbourne’s Estate: More Miracle Than Role Model – Pt 2 – EP. 203 – LTA

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In Part 2 of our Ozzy Osbourne series, we shift from the headline moments of his career to the decisions that shaped his legacy. We discuss the family groundwork Ozzy built over time, why communication and consensus matter in estate planning, and how the Osbournes reportedly structured goals like keeping wealth and control in the family, protecting Ozzy’s name, image, and likeness, and providing multi-generational income. Along the way, we break down why an irrevocable trust can support asset protection and tax efficiency, and what it takes to manage complex assets like music royalties, media rights, merchandise, real estate, and personal memorabilia.

Call 866-323-7529 or visit https://cordellcordell.com/practice-areas/estate-planning/ to schedule an estate planning consultation. For a limited time, mention LIFE’S THIRD ACT for 15% off eligible estate planning services!

Ozzy Osbourne’s Estate: More Miracle Than Role Model – Pt 1 – EP. 202 – LTA

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Ozzy Osbourne lived a life defined by extremes: early fame, public collapse, and an improbable comeback that lasted decades. In Part 1 of this two-part episode of Life’s Third Act, we focus on Ozzy’s career, personal struggles, and the forces that helped stabilize his life, including the pivotal role Sharon Osbourne played in his resurgence. This conversation sets the foundation for understanding how Ozzy reached his third act. In Part 2, we will examine his death, his estate planning, and the decisions that shaped the legacy he left behind.

Call 866-323-7529 or visit https://cordellcordell.com/practice-areas/estate-planning/ to schedule an estate planning consultation. For a limited time, mention LIFE’S THIRD ACT for 15% off eligible estate planning services!

Bruce Lee’s Estate: From Martial Arts Legend to Multimillion Dollar Brand – Pt 2 – EP. 201 – LTA

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In part two of our Bruce Lee conversation, Joe and Sherry pick up the story at the moment of Bruce Lee’s death and follow what happened to his assets, his image, and his legacy over the next several decades. They walk through how his widow Linda and daughter Shannon managed his name, image, likeness, and movie-related rights, how the estate grew into a powerful brand, and what went right (and wrong) from an estate-planning perspective. Along the way, they touch on Brandon Lee’s tragic death, the “curse” narrative around the family, and how careful planning, good decisions, and the right advisors can protect both wealth and legacy for future generations. Whether or not you watched part one, this episode stands on its own as a real-world lesson in why estate planning matters long after someone is gone.

Call 866-323-7529 or visit https://cordellcordell.com/practice-areas/estate-planning/ to schedule an estate planning consultation. For a limited time, mention LIFE’S THIRD ACT for 15% off eligible estate planning services!

Bruce Lee’s Estate: From Martial Arts Legend to Multimillion Dollar Brand – Pt 1 – EP. 200 – LTA

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Call 866-323-7529 or visit https://cordellcordell.com/practice-areas/estate-planning/ to schedule an estate planning consultation. For a limited time, mention LIFE’S THIRD ACT for 15% off eligible estate planning services!

Bruce Lee changed cinema and martial arts forever, but his real story as a husband, father, and young star building a global legacy is even more compelling.

In this 200th episode of Life’s Third Act, Joe Cordell and Sherry Farmer look at Bruce Lee’s life before the legend and set the stage for what would become one of the most powerful celebrity estates in the world. They explore his surprise American birth in San Francisco, his childhood and early acting career in Hong Kong, and how growing up in a Cantonese opera family shaped his charisma and on-screen presence. They follow his move to the United States, his college years in Seattle, his martial arts schools in Seattle, Oakland, and Los Angeles, and the creation of Jeet Kune Do as he rejected more rigid traditional forms.

The episode also walks through how Bruce’s reputation spread into Hollywood, leading to roles in The Green Hornet, Way of the Dragon, and Enter the Dragon, and how these performances cemented his place as a global icon. Joe and Sherry then unpack the medical mystery surrounding his death at age 32, the official findings versus the ongoing conspiracy theories, and what his early passing meant for the very young family he left behind. Along the way, they begin to trace how his name, image, and likeness started to evolve from a rising star into a lasting brand that would only grow after his death.

This episode sets up next week’s Part 2, where we dive deeper into Bruce Lee’s estate, how his family managed his name, image, and likeness, and what the rest of us can learn about planning for the possibility of dying young instead of at the 90 something we all hope for.