Prince’s Costly Mistake.

It has been six years since the musician Prince died. Prince died without a will. Over the past six years lawyers and consultants racked up tens of millions to administer what is owed to Prince’s six sibling heirs. Two have since died, and two others are in their 80s and possibly approaching their final years. When a person dies without a will the estate is overseen by the probate court. The probate process can be long, and will be paid for by your estate which means less will remain for your heirs and beneficiaries.  When you do not have an estate plan the distribution of your estate is determined by state law. In an estate plan you specify who your beneficiaries will be and what they will each receive. Your wishes are not heard. Make sure you have an estate plan, don’t make Prince’s mistake. Use a qualified estate planning attorney in your area to ensure that your wishes are met.

With the right help, you are more likely to succeed. The attorneys at Shoffner & Associates will be happy to help you.

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Freya Allen Shoffner, Esq.
Shoffner & Associates
Counselors to Small Business and Families.

Give Freya a call at (617) 369-0111 TEXT US (413) 207-6219 or email fashoffner@shoffnerassociates.com