Prince Rogers Nelson


The death of Prince should come as no surprise to anyone who has been watching the news. What may come as a surprise is that Prince’s fortune had dwindled from an estimated $300 million to a mere $150 million. Not only is that amount surprising but the fact that Prince (who no doubt had access to many lawyers and financial advisers) did not leave behind a Last Will and Testament is rather shocking.

Or is it? We’ve all heard the stories of many celebrities who have died without a Will; other celebrities in the past (i.e. Amy Winehouse) have died without a Last Will and Testament. The death of celebrities intestate have lead to family squabbling, hefty estate taxes and extra administration on the part of these loved ones. It’s appearing that way with Prince’s siblings, as their initial meeting after their brother’s death did not go well; tensions were in the air as the siblings allegedly squabbled and yelled among each other as to how the assets and estate of Prince should be divided.

Read more about  Prince’s Legacy and Fortune.

 

Prince Rogers Nelson

The musical icon known as Prince passed away on April 21st 2016 at the age of 57. Prince Rogers Nelson died intestate (without a Will) at his home at Paisley Park in Minnesota. The estimated $150 million dollar fortune left behind by the mogul is now currently up in the air, as Minnesota inheritance laws will determine who the fortunate recipient will be.

Initially valued at $300 million, Prince’s fortunes have dwindled away over the years, possibly due as some would suggest, to a lack of high-powered attorneys and a constant rotation of financial advisers to look after his affairs.

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Celebrity wills


After the death of late comedian Robin Williams in 2014, there was an ongoing battle over his $100 million-dollar estate between his wife and three children, Zachary, Zelda and Cody. The contents of his legal Will and his estate had been fought over in an continuing dispute which has seen no resolution until very recently.

Some highlights to note over the court’s decision regarding William’s estate and assets are:

A) William’s wife, Susan, retains ownership of their home in Tiburon, California
B) William’s children have acquired ownership of William’s memorabilia and awards, along with other (unnamed) items

You can read more HERE.

amy


We’ve previously written about a few famous singers who have succumbed to illness or have died in the past few years or so. This next singer is no exception.  Although not as famous as her peers in the music industry, Amy Winehouse proved herself to be an exceptional songstress with a beautiful voice. She passed away at the age of 27 in 2011 from an overdose. 

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janitor


Robert Read, a former (deceased) janitor from Brattleboro, Vermont, had a keen eye for picking out stocks. Known outwardly as a frugal and unassuming penny pincher, the local residents of Battleboro were shocked when news of his $8 million dollar fortune came to light. Indeed, his most expensive purchase was $5,000 for a Toyota, and he often wore the same worn-out clothing.

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