Five Estate Planning Lessons We Can Learn From Elvis’ Mistakes

Elvis’ estate planning failures certainly adversely affected the life of his daughter, Lisa Marie, and have carried over into issues with her estate.

Elvis and Priscilla Presley with Lisa Marie.
(Image credit: Magma Agency/WireImage via Getty Images)

Elvis Presley’s daughter, Lisa Marie Presley, died too soon at the age of 54 in January. We often believe that the wealthiest of families will benefit from the very best possible legal, tax and estate planning advice. Part of the Presley legacy, so far, appears to be the failure to carefully create good, effective estate plans.

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John M. Goralka
Founder, The Goralka Law Firm

Founder of The Goralka Law Firm, John M. Goralka assists business owners, real estate owners and successful families to achieve their enlightened dreams by better protecting their assets, minimizing income and estate tax and resolving messes and transitions to preserve, protect and enhance their legacy. John is one of few California attorneys certified as a Specialist by the State Bar of California Board of Legal Specialization in both Taxation and Estate Planning, Trust and Probate.