In The News

From Game Shows to Estate Plans: Insights from Regis Philbin

Regis Philbin passed away in 2020, leaving an estate worth approximately $150 million that was likely divided between his wife, Joy, and his children. He had four children: Danny (who died in 2014) and Amy from his first marriage and daughters Joanna and Jennifer with Joy. While Philbin accumulated most of his net worth as the host of game and talk shows, his estate planning documents and court records show that he also left millions in other assets behind. Read more to discover the lessons learned from Philbin's estate.

Probate often feels endless, with some families having to wait up to 24 months (or sometimes more!) for access to a loved one’s money and property. Extensive paperwork, court delays, and family disputes add to the burden. The good news? There are ways to avoid probate altogether. This article explains why probate can take so long and how establishing a trust can help protect you from unnecessary delays and stress.

A living trust is one of the best ways to avoid the time, cost, and hassle of probate—but only if it is properly funded and planned. Read more to learn why putting accounts and property into a trust is essential and how to ensure that your trust always works as intended.

This information is for educational purposes only and cannot be considered legal advice, nor does the receipt of this newsletter create an attorney-client relationship.