Actor Michael Douglas has had many issues in his personal life during the past decade. This article discusses how many of the situations in his personal life impact his estate. The 71-year-old actor has had to struggle with cancer and there are concerns that the disease might be coming back. His second wife Catherine Zeta Jones has dealt with bipolar disorder and his oldest son once went to jail on drug charges. This article discusses how the Michael Douglas estate would be divided up if he were to pass away. Planning for celebrity estates can be very difficult, and the problems can be amplified when dealing with a blended family with children from a previous marriage. This blog has posted extensively about many of the court battles surrounding the Robin Williams estate. These types of celebrity estates require careful and detailed planning.
See Scott Martin, Michael Douglas “Death or Divorce” Rumors Raise Big Dynastic Questions, Trust Advisor, April 18, 2016.
Special thanks to Jim Hillhouse for bringing this article to my attention.
