Lessons from celebrity-estate planning cases for advisors.
Celebrity Estates: Luke Perry, Estate Planning Role Model?Celebrity Estates: Luke Perry, Estate Planning Role Model?
Planning for one's funeral is an important, and often overlooked, aspect of an estate plan.
In this episode, David Lenok, senior editor at WealthManagement.com, is joined again by Megan Gorman, founder of Chequers Financial Management, to discuss Luke Perry’s estate and funeral plan.
American actor and teen idol Luke Perry was best known as “bad boy” Dylan McKay on the TV series Beverly Hills, 90210. When you hear about Luke’s funeral instructions––including his desire to be buried in a biodegradable mushroom suit––it will become clear that he was a deep thinker advisors can learn from when helping clients plan their funeral.
Luke Perry died in March 2019 at age 52.
In this episode, you will learn:
Why Luke Perry is an estate planning role model;
Why green funerals are a growing industry;
Cost-effective and personal ways to plan a funeral;
How to plan for and fund the expense of a funeral, so as to not burden those left behind;
Why advisors' conversations with clients about funeral arrangements must go beyond discussing burial versus cremation;
And more!
Learn how to help your clients plan for the end of their story!
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