Wealthy And Famous Celebrities Who Died Intestate
There has been more attention to the issue of wealthy celebrities dying intestate (without a will) because of the issues surrounding the Prince estate. The families of wealthy celebrities who die intestate often face many complications. This article goes through a list of ten famous people who have died intestate and discusses the problems that it caused. Families of these celebrities often face tremendous problems with taxes and probate disputes. These stories are a reason why it is important for people to have a will. It is a good idea to meet with an estate planning attorney to put together a will. Putting off these important estate planning steps can bad consequences for people if they pass away unexpectedly. This is even more important for high profile people who might have large estates or valuable legacies.
See 10 famous people who died without a will- and the problems it caused, The Telegraph, May 17, 2016.
Special thanks to Jeffrey A. Walsh (Barton, East & Caldwell, P.L.L.C.) for bringing this article to my attention.