Has Prince’s death sparked a new trend across the nation—drafting a will? Several legal information sites have seen an increase in sales for downloadable products, requests for consultations, and estate planning activity. This furor, however, is most likely due to personal life events—young couples naming guardians, old couples passing wealth, and others hearing of horror inheritance stories. Starting the will process early can end up saving you tons of money, unlike Prince’s family who face an expensive state-ordered probate.
See Dearly Beloved: Prince’s Death Prompts Uptick in Wills, Private Wealth, May 24, 2016.
Special thanks to Joel Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.
