Wealth Management

Apr 29, 2024

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Celebrity Estates: Steve Lockshin on Len Bias and NIL Deals in Estate Planning

Len Bias was a star basketball player at the University of Maryland drafted by the Boston Celtics in 1986 and one step away from becoming a pro athlete. Unfortunately, he passed away just two days after being selected but before signing any MBS or sponsorship documents, leaving him and his family just out of reach of the riches he would have gotten due to the timing of his death.

 

With host David Lenok and special guest Steve Lockshin, founder of AdvicePeriod and a co-founder of Vanilla, an estate planning advisory platform, they unravel the nuances surrounding name, image and likeness deals for athletes, the challenges and opportunities they present, and foundational estate planning strategies that every individual, regardless of fame, should consider.

 

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Listen here: Celebrity Estates: Steve Lockshin on Len Bias and NIL Deals in Estate Planning

[David H. Lenok, WealthManagement.com]