Estate Planning

Lou Reed: No Estate Planning Idol

This recent short article identifies one of the lesser-cited advantages of using trusts for estate planning: privacy. In it, we are told all the finer points about the distribution of Lou Reed’s estate.

Had the rocker instead used trusts, we would know nothing. Trusts are private, whereas wills (and the accompanying probate process) are public.

Takeaway: Wills are what you use when you don’t care. (Now that I think about it, though, that may have been his intention. I mean, Brother Lou wasn’t know for his careful attention to detail, nor was he known for his interest in what others thought.)

But really—who am I kidding? This was just an excuse to link to this gem. Pavarotti and Lou Reed!

About the Author
North Little Rock Arkansas Bankruptcy Lawyer Brandon Haubert

Brandon M. Haubert – North Little Rock Arkansas Bankruptcy Lawyer

Partner

Business Address: 1 Riverfront Pl STE 745, North Little Rock, AR 72114 Hours: Monday – Friday: 8:30AM – 5PM Phone: (501) 263-2422 North Little Rock Bankruptcy Attorney Brandon M. Haubert Brandon Haubert is a top-rated bankruptcy attorney here in North Little Rock (rated one of the Top 40 Under 40 by The National Advocates); he and the team at wh…

View Full Profile
Schedule a Free Consultation
  • This field is for validation purposes and should be left unchanged.
Practice Areas
Bankruptcy
Business Law
Criminal Defense
Elder Law
Employment Law
Estate Planning
Family Law
Personal Injury
Probate & Estate Admin

Request A Consultation

  • This field is for validation purposes and should be left unchanged.