According to news sources, Burt Reynolds was worth about $5 million when he passed away earlier this month at the age of 82. He has said that he was never really good at managing his money. However, there was one smart move he DID make. Instead of it appearing as though he cut his son out by not including him in his Will, Burt provided for his son by way of a Living Trust. “I intentionally omit him from this, my Last Will and Testament, as I have provided for him during my lifetime in my Declaration of Trust.”
Find out a little more about this story by clicking HERE.
And if YOU want to know more about Wills vs. Trusts, or what might work best in YOUR situation, click HERE and let’s talk about it!
If you’re here, I’m pretty sure you’re familiar with the typical “blog” page. I also want to use this page as a news source of topics pertinent to JBLaw. So thanks for stopping by, and feel free to post your comments and share with your networks!