Succession explained with John Branca Harvard Law School interview
The issue of property succession has become a common source of conflicts among the families of celebrities. Celebrities are known to accumulate a lot of wealth but fail to determine what could happen after their death. According to John Branca, the celebrity needs to determine the successors of their properties. This would reduce a lot of disputes that occur once the celebrity has died.
In most cases, the family members must hire a top attorney to help solve the involved lawsuits. Failure to which the celebrity’s properties might be left in the wrong harms. Eventually, the celebrity would have nothing on their name to remember their legacy. In most cases, their managers might lie about the properties that the family members did not know about. Dealing with such issues is challenging due to the complexity of entertainment law. However, lawyers can help people solve disputes related to entertainment law.
The entertainment laws are complex, but lawyers have the experience and knowledge in dealing with the related disputes. Therefore, if you happen to have a related lawsuit, it is essential to contact an attorney like John Branca to help you resolve the case. These attorneys will offer you the necessary advice to prevent you from complicating the matter.
Celebrities are known to accumulate a lot of wealth throughout their career. In some cases, the wealth might be shared between the celebrity and their managers. Once the celebrity has passed away, their families are expected to be the next of kin. However, it becomes challenging to determine how the properties will be managed, yet their managers claim to share them. It even gets more complicated in situations where the celebrity signed ownership properties unknowingly. Managers will present the various document to celebrities claiming that the documents are related to their careers.
It is advisable for celebrities to seek advice from entertainment lawyers before making any deals in their careers. Some deals are made to benefit other people involved with building the celebrity’s fame and wealth. Given that the celebrities may not know much about entertainment laws or know what to do, as explained in the Harvard Law School interview between a professor and Branca, they can be easily duped into losing property or not having their estate prepared for the unexpected. However, hiring an entertainment attorney would prevent the celebrity from incurring such losses. The lawyers would also ensure the celebrity’s properties have been handed over to the proper management after their death. There are many entertainment lawyers that a celebrity can hire to safeguard their wealth.