DEATH WHERE IS YOUR BLING?

In his will, Michael Jackson left his 3 children, Prince Michael I, Prince Michael II, and Paris, his entire $1 billion estate. The children have lived with Jackson’s mother, Katherine, since his death in 2009. Executors manage the money. Rumor has it that greed is driving a dispute over who should be in charge of the children and their money. If you are divorced, or thinking about it, consider whether you should speak to your lawyer about who would manage your children’s inheritance if you were to die. Take time to think about whether you need to name new beneficiaries of your pension, life insurance, 401K or IRA.