Life's Third Act

Venetia Everly Instagram https://www.instagram.com/venetia.everly?igsh=eHNiZGdzdXJleXBm

Arabella Everly Instagram https://www.instagram.com/clovereverly?igsh=MTYxaHlnMXVyYXQyYQ%3D%3D

In the second installment of the Don Everly series, Life’s Third Act host Joe Cordell and co-host Sherry Farmer continue their exclusive interview with Don’s daughter Venetia Everly. Venetia discusses the life, times, and oftentimes strained family dynamic of her rockstar father as well as his estate. Venetia is joined by her daughter Arabella and industry expert Robert Johnson on the show.

Join Joe and Sherry as they get the inside scoop into the life of a rock legend, his estate, and how you can better learn to protect your assets. Tune in for part three of this special series coming soon! All that and more on Life’s Third Act.

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Background

Don was married twice before Adela, with four children—Venetia from his first marriage and three from his second. He had little contact with them for over 40 years.

Key Players

Adela – Don’s widow

Adelaida Garza – Adela’s identical twin sister

Phil Everly – Don’s younger brother

Key Dates

1997 – Don married Adela (no children).

2011 – Don executed his will and trust, naming Adela as executor, trustee, and sole beneficiary. If she predeceased him, all would go to Adelaida, then to charity.

2014 – Phil passed away.

2017 – Codicil added: ½ estate to Adelaida; intellectual property could be transferred to beneficiaries’ devisees.

2020 – Don transferred his house and music royalties to Adelaida.

2021 – Don passed away.

Key Lessons

•Carefully choose your life managers (DPOA, trustee, executor).

•If disinheriting children, ensure clarity to prevent legal challenges (e.g., recorded statements).

•Financial matters require trusted experts in key roles.

•Substance abuse can negatively impact decision-making in later years. For adult children:

•Question narratives from a custodial parent.

•Practice grace and forgiveness.

•Take the first step toward reconciliation.