As I discussed in my previous blogs (Prince’s Estate Plan)(Prince’s Unlikely (and possibly, Unwanted) Heirs) Prince’s lack of Estate Planning teaches us the following lessons: How to let the IRS become family… Prince’s lack of Estate Planning is making the Internal Revenue Service his primary beneficiary, an unnamed heir, if you will. The IRS is going to take... [Read More]
Category: Prince
Prince’s Estate Plan
Prince: No Estate Plan? Out of Character Since the iconic musician Prince was discovered dead in the elevator in his residence on April 21, 2016, there has been a lot of speculation on his Estate Plan. Prince did not leave a wife or any children. He left one full sister and several half-siblings. Recent reports are... [Read More]