Elizabeth Taylor (1932-2011) – Actress & Social Activist
Dame Elizabeth “Liz” Taylor was a British-American actress. From her early years as a child star with MGM, she became one of the great screen actresses of Hollywood’s Golden Age. As one of the world’s most famous stars, Taylor was recognized for her acting ability and her glamorous lifestyle, beauty, and distinctive violet eyes. Her first film success was National Velvet when she was only twelve years old. She won an Academy Award for Best Actress for her role in Butterfield 8 in 1960, and her second Academy Award for Who’s Afraid of Virginia Woolf? in 1966.
Screen queen Elizabeth Taylor left behind a fortune worth at least $600 million, much of which is expected to go to the AIDS charities she championed for decades. Published reports indicated that her famous jewelry collection, valued at an eye-popping $150 million in 2002,might be auctioned off with the bulk of the proceeds going to the Elizabeth Taylor AIDS Foundation and the American Foundation for AIDS Research (amfAR), the AIDS charity she helped found in 1985. Her Last Will and Testament, along with all of her property, is held in a private trust, according to public records.
We celebrate Elizabeth Taylor not only for her talent as an actress and for her work in HIV and AIDS awareness and research, but as a Legacy Champ for establishing a Last Will and Testament as well as a Trust. As such, the details of her estate are confidential. Her philanthropic bequests also minimized excessive inheritance taxes. If you want to be a Legacy Champ in your own special way, then contact The Mendel Law Firm, L.P. for a free initial consultation on estate planning, trust planning, and/or probate issues.
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