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Donald Sterling’s Mental Incapacity

Professional basketball team owner Donald Sterling’s has reportedly been declared Mentally Incompetent under the terms of his Trust with his wife according to Sports Illustrated. Apparently under the terms of Donald Sterling’s Trust he can be declared an incompetent adult by two physicians, which apparently has been done, placing his wife in control under their Joint Living Trust.

A person is six times more likely to become Mentally Incapacitated in a given year than they are to die.

We regularly do Mental Incapacity Planning under our client’s Living Trust. We build Mental Incapacity planning into the Living Trust using physicians and family members in the event it is necessary to take action on someone’s behalf as has been done on behalf of Donald Sterling. The age of Mr. Sterling and the Mental Incapacity could explain the number of his recent erratic actions.

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™.