The Mental Disability Estate Planning done inside Donald and Shelly Sterling’s Living Trust was upheld by the Court. This went through the Court in several weeks avoiding what could have been years of expensive and painful litigation.
By Donald and Shelly Sterling, owners of the NBA Los Angeles Clippers Professional Basketball Team, having Mental Disability Planning inside their Revocable Living Trust, aka Living Trust, they were able to efficiently turn on the Mental Disability Planning when Donald Sterling’s Mental Capacity declined. One should have Mental Disability Planning as part of their Estate Plan. We are six (6) times more likely in a given year to become Mentally Disabled than we are to pass on.
We regularly do Mental Disability Planning as part of our Estate Planning for clients. It’s a needed and necessary part of the planning.
At the Law Firm of Steven Andrew Jackson, Attorney and Counsellor at Law, we have helped hundreds of families protect themselves and their loved ones, avoid Estate Taxes and Probate Costs, and keep their Estate Plans current with the law through The Customized Protective Estate Planning Solution™.