Ms. Taylor had a trust known as the Elizabeth Taylor Trust which she signed on June 23, 1998. The reason that I know this is that two days after her death, on march 25, the attorney for her trustees filed a notice to creditors in the probate department of the Los Angeles superior court. It is a court with which I am very familiar. One of the purposes of filing the notice to creditors is to begin the running of the statute of limitations.
As of now, it appears that the distribution of Ms. Taylor's estate is not going to be as “public” as that of many of our other celebrities. She appears to have planned and to have utilized a living trust correctly.
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