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Joseph E. Cordell

Attorney, CPA, Author, Speaker

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Marlon Brando: Incapacity & Estate Battles – EP. 92 – Life’s Third Act

October 12, 2023 by jceditor

Join Attorney-CPA Joe Cordell and Life’s Third Act researcher, Marlea Parson, as they unravel the legacy of Marlon Brando and the complexities surrounding his will. Brando, celebrated as one of America’s greatest actors, left behind a substantial estate upon his passing in 2004.

In this episode, delve into the life of Marlon Brando, marked by marriages, children, and a dedication to social justice. However, it was his end-of-life decisions that fueled legal battles, mental capacity disputes, and a myriad of lawsuits. Learn about Brando’s estate planning, including alterations to his will, allegations of forgery, and the exclusion of family members. Mr. Cordell and Ms. Parson will give an overview of the court battles, settlement negotiations, and ongoing controversies that have shrouded his estate.

This episode offers an exploration of the importance of clear estate planning and the impact it can have on the distribution of wealth and assets. Join us for a thought-provoking discussion on Marlon Brando’s estate and the legacy he left behind.

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

https://media.blubrry.com/lifes_third_act/content.blubrry.com/lifes_third_act/LTA20231004_MARLON_BRANDO.mp3

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The Howard Hughes Estate: A Cautionary Tale – EP. 91 – Life’s Third Act

October 2, 2023 by jceditor

Join Attorney-CPA Joe Cordell and Life’s Third Act researcher, Marlea Parson, as they delve into the intriguing story of Howard Hughes and his lack of a will. Hughes, one of the wealthiest and most eccentric industrialists of his time, left behind a colossal estate when he passed away in 1976.

Despite his immense wealth and influence in various industries, Hughes died intestate, setting the stage for a chaotic legal battle. Over 600 claimants emerged, each vying for a piece of his fortune, leading to the production of more than 40 contested wills.

Discover the complex web of litigation, allegations of secret marriages, and the decades-long struggle to settle Hughes’s estate. Learn how, without a proper estate plan, the vast wealth of this industrial magnate ultimately passed to distant relatives, highlighting the importance of thoughtful estate planning.

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

https://media.blubrry.com/lifes_third_act/content.blubrry.com/lifes_third_act/LTA20230927_HUGHES.mp3

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

September 25, 2023 by jceditor

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.

https://media.blubrry.com/lifes_third_act/content.blubrry.com/lifes_third_act/LTA20230920_JOE_ROBBIE.mp3

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

September 15, 2023 by jceditor

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.

https://media.blubrry.com/lifes_third_act/content.blubrry.com/lifes_third_act/LTA20230913_JOLO.mp3

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

September 7, 2023 by jceditor

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.

https://media.blubrry.com/lifes_third_act/content.blubrry.com/lifes_third_act/LTA20230906_ARETHA.mp3

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