When you get in your car in the morning, you expect it to turn on, right? Your estate planning documents are no different. You expect them to do what you need them to do when you need them to. Keeping them updated is the best way to avoid disaster scenarios like these celebrities left:
1. Kobe Bryant
Despite careful planning, Kobe failed to update his estate plan after the birth of his daughter, Capri Bryant, who was just six months old at the time of his death.
2. Tony Hsieh
Tony left “thousands” of sticky notes representing potential business deals and financial commitments all over his mansion which will likely take years for a probate court to sort out.
3. Anna Nicole Smith
Ana’s will named her son as heir, but she never updated it after he passed away a year before her death leaving out of the will her daughter who was five months old at the time.
4. Robin Williams
A bitter and expensive legal battle followed over his clothes, his graphics novels, photographs, and other memorabilia caused significant disputes between his three children and his wife.
5. Prince
Since he died intestate (without a will), his blood relatives were set to inherit his estate. Since there is no will in place, no one knows who is going to control his brand, music, legacy, and image.
6. Michael Jackson
Custody disputes over Prince, Paris and Blanket ensued when their grandmother lost her legal guardianship and a successor Guardian needed to be named.
7. Bob Marley
It took 30 years for the probate battle to end when he died without a will.
Other famous celebrities who died without a will include: Amy Winehouse, Chadwick Boseman, Tupac Shakur, and Aretha Franklin.
Why?
Procrastination, procrastination, procrastination. We call this “too busy to die”.
Life won’t wait. We urge you to please get your family’s affairs in order and keep them updated. Take a few minutes now and check the efficiency of your current estate plan for free, here.
Here to serve,
Ivette Kuyateh
Founder & Managing Partner
Kuyateh Law Group
P: (619) 535-0066
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