Who Inherits The Raspberry Beret?
A legal battle is ensuing over the estate of legendary musician Prince, who appears to have died without a valid Will. (https://www.washingtonpost.com/national/who-will-step-forward-to-claim-princes-millions/2016/04/26/c8ee28e4-0b6b-11e6-bc53-db634ca94a2a_story.html) Since Prince was not married and had no children at the time of his death, his estate may pass to his siblings or their surviving children, depending upon Minnesota law. His sister has recently asked a court to hold his estate in trust until the details can be worked out.
Even if you don’t have the same size estate as Prince may have left when he passed, an estate plan is necessary to direct how your assets should be distributed when you die. Our office can assist in preparing wills, trusts, and other estate planning vehicles, to help prevent a legal battle over your estate after you pass away.
Need to talk to someone about your Estate Plan? Contact Heather Steele at (703) 565-5151 (firstname.lastname@example.org) or Thomas D. Duling at (703) 565-5130 (email@example.com) to set up an appointment for a consultation. We’re happy to help, and once you’ve gotten your estate plan squared away, you just might feel like partying like it’s 1999.
And finally, in closing, we leave you with a tribute to Prince, with a video of his performance of “While My Guitar Gently Weeps” with Tom Petty, Jeff Lynne, and Steve Winwood, at George Harrison’s posthumous induction into the Rock and Roll Hall of Fame in March 2004: https://www.youtube.com/watch?v=6SFNW5F8K9Y