Life's Third Act

Jimmy Buffett’s Estate Battle: Lessons from Margaritaville – PT. 3 – EP. 187 – Life’s Third Act
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In the final installment of this three-part series, Life’s Third Act host, Joe Cordell, and co-host Sherry Farmer dive into the escalating legal battle over Jimmy Buffett’s $275 million estate.
This episode unpacks the brewing conflict between Buffett’s widow, Jane Buffett, and longtime business manager, Richard Mozenter, as they clash over control of the marital trust and the administration of Buffett’s assets. From dueling lawsuits in Florida and California to accusations of mismanagement and breach of fiduciary duty, the dispute reveals how even the most carefully planned estates can spiral into costly litigation.
More than a celebrity saga, this episode highlights critical lessons about selecting trustees, avoiding family disputes, and structuring your estate to protect your legacy and loved ones.
Whether you’re a Jimmy Buffett fan, planning your own estate, or simply fascinated by high-profile legal battles, this episode offers valuable insights into why clear, strategic estate planning matters.