Three handwritten wills have been found in Aretha Franklin’s home, months after her death. The Queen of Soul apparently had one hidden under couch cushions in the living room. Real estate refers to a person’s assets, property or holdings. It is deemed as a person’s net worth at any given time, minus his liabilities. It is important to engage the services of an estate planning lawyer in the disposal or distribution of his estates because it makes the process more systematic and it helps to increase the estate value by way of reduced taxes and other expenses. For best real estate planning you can contact to Lauren Campbell Maxie real estate lawyer.
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The latest will is dated March 2014 and appears to give the famous singer’s assets to family members but some of the writing is extremely hard to read, however. The four pages have words scratched out and phrases written in the margins.
Lawyers and family members said that when Franklin died last August of pancreatic cancer that she had no will but three handwritten versions were discovered earlier this month. Two from 2010 were found in a locked cabinet after a key was finally located.
The latest 2014 version was inside a spiral notebook under cushions, said an attorney for Franklin’s estate, David Bennett.
Bennett was Franklin’s lawyer for more than 40 years and has since filed the wills. He said to the judge that he’s not sure if they’re legal under Michigan law. A hearing is scheduled for June 12.
Bennett said the wills were shared with Franklin’s four sons or their lawyers. A statement from the family said two sons object to the wills.
Sabrina Owens, an administrator at the University of Michigan, will continue to serve as personal representative of the estate. In a statement she said.
“She remains neutral and wishes that all parties involved make wise choices on behalf of their mother, her rich legacy, the family and the Aretha Franklin estate.”
There hasn’t been much public wrangling over the estate and Judge Jennifer Callaghan approved the hiring of experts to appraise Franklin’s assets and personal belongings in April. Also that month Franklin was awarded an honorary Pulitzer Prize, cited posthumously for her amazing career.
Bennett said the estate is involved in
“many continuing projects … including various television and movie proposals, as well as dealing with various creditor claims and resulting litigation.”
And, of course, the IRS has filed a claim for more than $6 million in taxes.
As the cliché goes, one thing you can count on; death and taxes.
(Photo, Wikimedia Commons; via Black AmericaWeb)