• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Ambler Keenan Mitchell Johnson

Estate Planning Law Firm

  • Facebook
  • LinkedIn
  • YouTube
CALL US TODAY 303-407-1542
  • Home
  • Our Firm
    • About Our Firm
    • About The American Academy
    • Advantages of Working With Our Firm
    • Attorney and Staff Profiles
    • Client Testimonials
    • Mission Statement
  • Services
    • Asset Protection & Business Planning
    • Estate and Gift Tax Figures
    • Estate Planning Services
    • Family-Owned Businesses & Farms
    • Incapacity Planning
    • IRA & Retirement Planning
    • Legacy Planning
    • LGBTQ Estate Planning
    • Pet Planning
    • SECURE Act
    • Special Needs Planning
    • Trust Administration & Probate
  • Seminars
  • Elder Law
    • Are You A Caregiver
    • Coping With Alzheimer’s
    • Guardianship & Conservatorship
    • Hospice Care
    • Veteran’s Benefits
  • Resources
    • Estate Planning Articles
    • Estate Planning Resources
      • Estate Planning Checkup
      • Is Your Estate Plan Outdated?
      • Reports
        • Advanced Estate Planning
        • Basic Estate Planning
        • Estate Planning for Niches
        • Trust Administration
      • Top 10 Estate and Legacy Planning Techniques
    • Frequently Asked Questions
      • Estate Planning FAQ’s
      • Frequently Asked Questions for Families Without an Estate Plan
      • Legacy Wealth Planning FAQ’s
      • LGBTQ Estate Planning Frequently Asked Questions
      • Trust Administration & Probate Frequently Asked Questions
    • LGBTQ Resources
    • Multimedia
    • Newsletters
    • Speaker Connection
    • Special Needs Resources
    • Trust Administration & Probate Resources
      • Bereavement Resources
      • How to Know if You Need Extra Help With Your Grieving
      • The Mourner’s Bill of Rights
      • Things You Need To Do When a Loved One Passes Away With a Trust
      • Things You Need To Do When a Loved One Passes Away With a Will
      • Trust Administration & Probate Definitions
  • Contact Us
  • BLOG
Home Estate Planning Estate Planning Mistakes – Judy Garland

Elizabeth D. Mitchell October 7, 2014

Estate Planning Mistakes – Judy Garland


Who was Judy? Judy Garland was a great American actress, singer, and vaudevillian. In 1939, her unforgettable skip down the Yellow Brick Road in “The Wizard of Oz,” gave her immortality in Hollywood. She was the recipient of an Academy Award, Best Supporting Actress, the Cecil B. DeMille Award, Golden Globe Award, Grammy Award, and many others for her excellence and talent in the film and music industry. Famous Actor in Movies Although her stage presence was close to perfection, she struggled in her personal life. She had self-image issues which were exacerbated by film executives telling her she was not attractive. She was not good with her money, owing hundreds of thousands in back taxes. She was married five times.  She also battled a drug and alcohol addiction, which led to her early death at the age of 47. Red Curtain When she passed… On June 22, 1969, Judy lost her life to her addiction. She left behind her three children: Liza Minelli, Lorna Luft, and Joseph Luft. In her will, she left equal shares of her estate to her living children. These shares were directed to be distributed when said child reached the age of 35 years. She did make an estate planning mistake. The problem with her estate was the fact that there were hundreds of thousands owed in back taxes. Although she had the best intentions of leaving assets to her family and passing on wealth from her hard work, her failure to remedy her balance with the IRS left her beneficiaries with hardly anything. What can you do to be proactive in your estate planning? When creating an estate plan, or keeping it current, it is important to know your assets and debts. Not knowing these details can greatly affect what is left of your estate to be distributed to your beneficiaries. At Ambler Keenan Mitchell Johnson our estate planning attorneys ask detailed questions to ensure that you are given the best options for your estate plan. They tailor your estate plan to your needs and wishes. Call our office in Denver, Colorado for a free, one-hour, initial estate planning consultation. 303-407-1542  

Primary Sidebar

Blog Subscription

News

Trust or Will

Updating Your Plan: Your Trust or Will

As we enter the new year year, it’s a good time to think about updating your plan. This includes your entire plan, including your primary vehicle, … [Read More...] about Updating Your Plan: Your Trust or Will

Powers of Attorney

Updating Your Plan: Powers of Attorney

As we enter the new year, it’s a good time to think about updating your plan. This includes your entire plan, including Powers of Attorney. Powers of … [Read More...] about Updating Your Plan: Powers of Attorney

public charity

It’s Better to Give, Especially This Year

Normally, you must itemize your deductions in order to benefit from them. In 2020, the standard deduction amount is $12,400 for individuals and … [Read More...] about It’s Better to Give, Especially This Year

Office Hours

Monday7:30 AM - 5:00 PM
Tuesday7:30 AM - 5:00 PM
Wednesday7:30 AM - 5:00 PM
Thursday7:30 AM - 5:00 PM

Where we are

Ambler Keenan Mitchell Johnson
950 S. Cherry St., Suite 1650
Denver, CO 80246
United States (US)
Phone: (303) 407-1542
Fax: (303) 321-1899

Map

map for Ambler Keenan Mitchell Johnson office

© 2021 · American Academy of Estate Planning Attorneys, Inc. | Disclaimer | Privacy Policy | Sitemap | Contact Us