Stan Lee Estate Settles Lawsuit Against Former Agent

Stan Lee’s Estate Settles Lawsuit Against Former Agent

Stan Lee, the legendary comic book creator, died in November 2018 and his estate has been in litigation ever since.

Stan’s wife had died in July 2017 and thereafter Stan had named Jerry Olivarez, a publicist, as agent under a power of attorney. The Compliant in the probate case alleged that Jerry did several unscrupulous acts: dismissed Stan’s lawyer and hired his own without disclosing the conflict of interest; fired Stan’s banker and transferred roughly $4.6 million out of Stan’s account; duped Stan into loaning him $300,000; bought an expensive condo using Stan’s money; and more. The suit listed several causes of action, including financial abuse of an elder, fraud, and misappropriation of name and likeness. Jerry denied the allegations.

A settlement has been reached in the case for an undisclosed amount and now the probate case can proceed. However, there are still some pending claims in the case against Stan’s former attorney, Uvi Litvak. Also notable is a criminal case being pursued by Los Angeles prosecutors against Stan’s former business manager, Keya Morgan. His case has been pending since 2019 and he is facing several felony charges including theft, embezzlement, and false imprisonment of a senior.

Stan Lee’s case highlights how very important it is to be aware of and take steps to prevent senior abuse. Stan was extremely wealthy, with access to virtually any resource or planning strategy, but still fell victim to fraud and abuse. The Centers for Disease Control and Prevention states that out of those aged 60 and above, 1 in 10 will experience elder abuse. For tips on how to prevent elder abuse and reporting resources, visit the National Center on Elder Abuse.

By – Jill Roamer, J.D., CIPP/US

Shared courtesy of The Elder Counsel Blog – 

Read more →

Everyone Should Plan for Long Term Care

everyone should plan for long-term care


The U.S. Department of Health and Human Services states that almost 70% of folks aged 65 and over will need some type of long-term care in their remaining lifetime. What will this care look like? How will this care be paid for? How will the senior’s family be affected? Answering these questions and creating a plan is a major part of elder law.

Long-term care insurance can be very expensive and hard to qualify for. Instead, many folks would prefer to qualify for long-term care Medicaid benefits. Planning for care allows the senior to have flexibility and options when the time comes for the need for long-term care.

Why does planning need to be done? There are both income and resource limits when qualifying for long-term care Medicaid. In addition, there are penalties for transferring assets during a certain period before the Medicaid application is submitted. Qualifying for long-term care Medicaid involves many rules and procedures that can be confusing, vexing, and time-consuming. Planning can minimize the frustration of the application process and maximize the ability to protect the senior’s savings.

When does planning need to be done? As with most things, the sooner the better. If a plan is put into place while the senior is healthy and not in need of care, an elder law attorney can likely protect most of the senior’s assets. But if a plan is not put into place and the senior finds that they need care soon, some of their assets can still be protected and a plan can still be advantageous.

Who can help with long-term care planning? An elder law attorney! The goal of the elder law attorney is to give the senior information and choices. A plan will be put into place that is best suited for the senior’s goals and family situation. This way, the senior can have peace of mind knowing that if care is needed, they won’t leave their family in a stressful situation. Also, the senior can be assured that their hard-earned savings is protected to leave a legacy for their loved ones.

Elder Law is Lifetime Planning

By – Jill Roamer, J.D., CIPP/US 

Provided courtesy of The Elder Counsel Blog at

Read more →