Prince had no will and no estate plan. The result from this lack of action was predictable. Various dubious claims have been filed against the estate from long-lost relatives, alleged illegitimate children and the like.
It is also clear that the estate had to move through the Minnesota probate court. After two years, his six siblings have received zero dollars from an estate worth an estimated $200 million.
Some people, however, have been paid. The IRS and State of Minnesota have been paid along with about $8 million in fees and expenses to lawyers and other experts. Those expenses cut into what the siblings will eventually ...
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Aretha Franklin died without a will
Her attorney asked her for years to execute one and she refused. He told her a will or a trust was a must. She failed to do so even in light of her pancreatic cancer diagnosis.
What makes his even more unfortunate is that she was a private person. Now her financial affairs will be seen by the entire world. And as an artist, her intellectual property has continuing value.
...
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A Nebraska estate owning less than $50,000 in real estate
does NOT have to be probated. And that's true even if the decedent had a will.
Neb. Rev. Stat. section 30-24,129 lays out the procedure. An affidavit needs to be filed in the register of deeds office. A certified or authenticated copy of the death certificate must be attached. Certain language must be contained in the affidavit. All persons having an interest in the estate must sign. The affidavit can't be filed until thirty days after the death of the decedent.
I can draft that affidavit for the estate and eliminate the filing of probate.
Contact me if the above facts apply to a case in which you are involved. Nebraska law doesn't ...
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