Prince also died without a will, I believe.
Is this a “Black thing”? I have a will — is that part of my White Privilege?
If this goes as some others have, her kin will fight over the estate until there is nothing left and the lawyers have it all.
While my beloved and I are small savers we still have a will set in place. The last thing I want is for any government official taking ANY part of my estate for whatever they deem it to be used for especially in this day and age. I have encouraged people for decades to have set up both Will and Medical Power of Attorney. During the Shavio incident in Florida both my beloved and I were appalled at Gov Bush’s direct underlying contribution to her death and we were darned well sure not going to have that happen to either one of us. We’re in Texas and we still have no trust in that part of the Texas law...too many ifs and buts in the system. Back to Wills... We want our monies/land to go to who we choose, not to be whittled down and dispersed by a Government Drone.
Holy cow, no will, no beneficiaries listed as Transfer on Death?
Who the heck was running her affairs? Banks, Brokerage firms?
I’ve worked in finance for 26 yrs and every client I have has the entire estate set up. I don’t even get paid for that, but it’s my DUTY.
The IRS and the lawyers are going to have a field day.
If this goes as some others have, her kin will fight over the estate until there is nothing left and the lawyers have it all.
Miss Franklin was not very good at managing her wealth. 5 or so years ago, after decades of success, she almost filed bankruptcy. There were dozens upon dozens in her “staff” sucking money out of her.
My wife is one of 10 children. Her parents died without a will leaving the siblings to fight over the fate of their valuable house. It has split the siblings into two warring factions that refuse to talk to each other, making lawyers rich. This is in another country and my wife and I mostly stay out of it but it’s sad to see what failing to have a will can do to a family.
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She had Pancreatic Cancer for 7 years.
What the hell was she thinking?
She had Pancreatic Cancer for 7 years.
What the hell was she thinking?
“Two of the biggest drawbacks to dying without a will are the costs and potential lack of following one’s true wishes,”
NOT true in PA, die with or without a Will the cost is the same. Albeit it may not be your true wishes.
there can always be fights among heirs. But in her case her children are her intestate heirs. nothing to fight over in terms of who are the beneficiaries. Unlike in the Prince case where everyone could claim being a child of Prince
TOD and named beneficiaries is not always the answer.
Do some of these ‘mega-stars’ have some loose screws or are they just getting back at families they never liked?
I had a relative of my wife living with us. Died suddenly, no will. All her bills were received electronically, and we didn’t have the password to her PC. Messy.
We wrote our will when we had little kiddo’s, to designate guardians and trustees for them. They were and still are the real treasures to be cared for if something dire happened to both of us.