Celebrities may be wealthy, but despite their money and popularity, they make mistakes too. One area where we’ve seen lots of costly mistakes is in estate planning, where certain actions (or lack of taking any action at all) can trigger years of court battles or cost their heirs millions of dollars. The mistakes celebrities have […]
The “Queen of Soul” and Other Celebrities Who Died Without a Will
Aretha Franklin, “the Queen of Soul” died on August 16, at the age of 76, from pancreatic cancer. Similar to many other celebrities as we will describe in more detail in this article, a recent court filing revealed that Franklin didn’t have a will (i.e., that she died intestate). Franklin reportedly had amassed a fortune […]
10 Biggest Estate Planning Blunders of Celebrities – Don’t Make These Mistakes!
Q. I have been reading your newsletter for several years now. I remember, in the past, you did a series on celebrity estate planning mistakes and lessons that can be learned from them. I found it to be very helpful and interesting to read. Since then, have there been any new instances involving celebrity estate planning […]
The Estate Planning of Prince, Harper Lee, and David Bowie
In 2016 so far, we have said farewell to some of the most legendary names in music, film, literature, and television, including Prince, Harper Lee, and David Bowie — all within the first four months of the year. While nothing can make the horrific loss of these legends better for their families, friends, and fans, […]