FOR IMMEDIATE RELEASE
Detroit, Michigan (Hollywood of Midwest) (10:37am) June 9, 2009
Can you imagine having a parent tell you they have 'Cancer'? I know many family's go through this in America. But when Dane Cook (www.danecook.com) heard about it, it was the beginning of what some may all a 2nd act to his already famous comedy routines and movies (like My Best Friend's Girl, MR. Brooks, Farce of the Penguins, Good luck Chuck, and Dan in Real Life).
We asked Mr. Joseph J. Dadich (an Attorney and CPA) Celebrity-Insider, about the end-of-life process. He said "Dane is not married, and has no kids." "So one would assume that he doesn't need ANY estate planning in place." "If anything this complicates things, since he may want only a portion of his estate to be inherited by his Brother or Sisters. Since one must look at whether or not these siblings have any creditor's, a divorce waiting in the wings, or worse bankruptcy coming up for one of his siblings." "His best option would be to create a VIP Revocable Living Trust to be able to control her assets, nominate who he wants to control his hard-earned assets. But this only hits half the battle."
He went on to further state "One key critical item is to get this all done before she loses her mental capacity or a court may decide. (after all we did just see Bret Michaels (Rock of Love, VHI show http://www.vh1.com/shows/rock_of_love/season_3/series.jhtml) where he was hit on the head, broke his nose." Further, the other matter comes with a potential Estate Tax to the government (which starts at 48% of assets over $3.5mm; but it gets worse as you'll see later) and who pays it. Do you think Dane wants to pay the government any more than he has to? Moreover, he has to be careful that if her Trust names a Charity as a beneficiary it may cause her IRA/Retirement Plan to be taxed up to 70% of it's value and paid out almost immediately. So as you can see if proper planning is not provided it can be disastrous."
We asked attorney Joseph J. Dadich, Esq. - who created the '20 Minute Emergency Estate Planning Blueprint'tm – what steps can she take right now.
" This is the unfortunate part about not seeing an attorney who specializes in protecting family's hard-earned assets. And even in Anna's case she had an attorney. Who didn't know a lick of estate planning nor was there any updates provided. This is a ripe opportunity for Dane to take his life into his control and ensure his assets do not get into the hands of the greedy empire, evil creditor's.
Visit Mr. Dadich's blog at www.estateplanningsecretsrevealed.wordpress.com or contact him directly at contact@dadichlaw.com , 248.358.6965 office. Only 3 spots left for June 8th, 2009 Teleseminar where he reveals his $1 million dollar guarantee for the first time. First 12 who email will get a FREE '7 Critical Steps a family must take to protect their children from seeing a Foster Care Home' .
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