I’m Too Young to Need an Estate Plan
The death of singer Prince at age 57 is a graphic reminder that it is never too early to get one’s affairs in order. As of this writing, no will or other estate plan has been found for Prince. The court appointed trustee of his estate estimates that over half of Prince’s estate will
Guardians for Minor Children
If you have minor children, one of the most important estate planning tasks is choosing a guardian if the parents are deceased. While this is an infrequent occurrence, it could be the most important one parents can make. Among the things to consider are: Are there adequate resources to cover the cost of raising the child? Where
What? The “Queen” Died Without a Will?
Aretha Franklin, the “Queen of Soul”, died last August without a will or other estate plan. Her four children by various marriages stand to inherit her estimated $80 million estate under Michigan’s law of “intestate succession.” The Oakland County Probate Court will oversee the administration of the estate. Probate courts are open to the public.