A(nother) Lesson from the Legend
Did you know that legendary singer, Aretha Franklin, died without a will?
Many people, famous and not, fail to prepare a will because it’s easier not to address it. Most find it hard to think about their own demise. While it is easier to place the subject on the back burner, making a will can prevent unnecessary confusion and anxiety for your family and friends.
Beyond the profound musical and civil rights legacy she leaves behind, Aretha’s estate is said to be worth about $80 million. According to court documents filed by her four sons, she left behind no will or trust. Under Michigan law, her estate will be divided equally among her four descendants. However, the absence of a will creates the possibility of a lengthy legal battle if there are additional people claiming an interest in the estate. The family of Ike Turner, who also died without a will or trust, is still in court arguing over his estate 11 years after his death.
Wills aren’t just for the rich and wealthy. Making a will can save your family time, money, and grief during an already difficult time. Why not make it easier for them if you can? Through a will, you can determine how you want your estate to be handled upon your death, protect young children, name the person who you trust to ensure your wishes are carried out, and more.
Drafting a will can be very overwhelming, but you want to be sure that it is done correctly. The experienced attorneys at The Law Group can provide information regarding estate planning options available and assist in drafting the documents for a very reasonable price. Email Heather Campbell to set up your free consultation. Long live the Queen!