← 4 Steps the King of Pop Took to Secure His Financial Legacy

Will Screen Grab

By Marcia Wade Talbert | Published June 25, 2010 | Full size is 500 × 299 pixels

Draft a legal will. Seventy percent of people do not have a will, says Whitman. “The fact that [Jackson] had a will and had a trust for the family, named a guardian for the three adorable children and really was proactive in making that plan whether his death was the next day, in ten years or when he was 90,” ensured that his earning potential would not be lost and his family was protected from those who might try to take advantage of them.

Draft a legal will. Seventy percent of people do not have a will, says Whitman.…