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.
We’ve recently published many stories as of late, detailing the extravagant legacies left behind by some rather wealthy people. The deceased have left their mark on the world; donating vast sums of fortunes to charitable institutions, facilities, or to their loved ones.
Does an employee count as a “loved one?”
Indra Tamang is an former butler who inherited a fortune from his now-deceased employer, Ruth Ford. The fortune he inherited is his reward for his years of steadfast loyalty spanning over three decades, working as a cook and a caretaker for his now-deceased employer. Indra now owns an estate worth $8.4 million dollars.
Ever fantasize about inheriting millions from a dead rich relative? Now imagine if fantasy became reality and those riches were up for grabs, only to be cruelly yanked away.
Craig and Meegan Panzirer are the grandchildren of the now deceased Leona Helmsley, a wealthy businesswoman from New York who was infamously dubbed the “Queen of Mean” by the media. The reigning matriarch of the family had amassed a fortune after dabbling in real estate and marrying a like-minded real estate tycoon. Helmsley had a reputation for being overbearing and difficult to pretty much everyone, including her staff, business associates, and even her grandchildren. Her reputation is further sullied by the fact that she was also indicted on several charges of tax evasion, only ever serveing a twelve-month prison sentence.
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.
Are you familiar with the popular television show Shark Tank? Shark Tank features aspiring entrepreneurs pitching their investment ideas to seasoned investors like Barbara Corcoran. Corcoran actually refuses to do business with children of wealthy parents, citing her belief that: “[E]ntrepreneurs from a privileged background don’t have the need to have their business succeed, and that can make all the difference when their back is against the wall.”
That may not be true for all rich children, but it certainly rings true in the case of 40 year-old Robert Wilcox.
A late University of British Columbia professor left a wonderful legacy to his faculty and students. Read on below to find out what he bequeathed to UBC in his Last Will and Testament.
If you had $8 million dollars, what would you do with it?
Give it to charity? Pay off your debts?
Or maybe do something fun like travel the world?
The Jackson kids, Paris, Prince and Blanket, don’t have to wonder. Michael Jackson made certain that his children would be well taken care of in his Last Will and Testament!
They live your dream everyday! Click below to find out what they spend all that cash on:
We’ve written about the infamous feuds that have brewed over the death of famous celebrities, such as Whitney Houston, Michael Jackson and Amy Winehouse. The tragic passing of late actor and funny man Robin Williams is no exception. Read about the contentious battle over his estate below:
We’ve previously posted on Whitney Houston and how much her daughter is set to inherit, but in the event of a tragic passing, what will happen to Bobbi’s estate and inheritance? Click on the link to find out: Where is all that money going?
Why Have a Will?
A Will determines who controls your assets after death and also identifies the people to whom your estate and assets will go to. Preparing a Will is the simplest way to ensure that your funds and property will be distributed according to your wishes. The benefits of creating an online Will are as follows: