One of the most overlooked, yet important aspect of estate ownership, is planning ahead(as in Estate Planning or a Will) Such a situation has shown an ugly face in the passing of the music legend Prince. With no wife, son or daughter to leave his estate too, and no proper planning of where the 300 million net-worth would go, it may not go where he would have liked. Do not be one of the 64% of Americans that don’t have a will. Its simple and you don’t have to be a millionaire to do so, just take care of the beneficiary forms, POD and TOD Designation Forms, Durable power of Attorney forms, living will, last will and testament, and a living Trust.
If you need help getting a will done you can contact us for suggestions.
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What We Can Learn From the Cautionary Tale of Prince’s Estate Planning