Celebrity Estate Lessons - Martin Luther King, Jr.

You have a trust and now you need someone to run it after you're gone. Think carefully and choose someone you can trust to fulfill your wishes. Even people that seem like a great choice can change over time. Take the trust of Dr. Martin Luther King Jr. as an example.

Dr. Martin Luther King's family trust seemed to be operating smoothly until 2008 when two of his children sued their brother alleging that he had misappropriated funds and was not providing the proper financial records.

More recently their brother sued to have MLK's name taken off the Martin Luther King Jr. Center for Nonviolent Social Change, a memorial and museum operated by his sister.

Luckily, there are ways to draft a trust to help deal with these possible outcomes and we'd be more than happy to help you out!