Our Estate Planning Blog
George Michael’s late younger sister Melanie Panayiotou’s share of the massive fortune she inherited from her legendary brother will be donated to charity, keeping in tune with the singer’s generosity during his lifetime.
A will or trust explains what you want to have happen to your assets when you die, hopefully in a very, very long time. While most people understand that a will explains what to do with money, property, and children, there are other parts you might be surprised by.
Chances are you have one or more charitable causes that you support on an annual basis. It is also likely that you have failed to make any provision for charity whatsoever on your death.
Hotelier and philanthropist Barron Hilton has left 97% of his fortune to his family foundation, which will help strengthen its seven charitable programs across the world, focused on disaster relief and recovery, treating children with HIV and AIDS, poverty alleviation, and more.
Copyright © IMS. All rights reserved. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. All copies must include this copyright statement. Some artwork provided under license agreement.
