The legendary musician Prince died of a drug overdose in 2016, and his 6 heirs are still battling it out, while banks and lawyers make millions. Because Prince’s estate is filled with unique assets (rights to his music catalogue) there are complex valuation issues that having an estate plan may not have avoided. But, there is no way to ensure that your last wishes are carried out unless you take the time to meet with an attorney and plan your estate. I like to think of it as an act of kindness for your loved ones and even a part of self-care. Just as you get an annual check-up with you doctor and get regular teeth cleanings, you should make meeting with your estate planning lawyer, every few years, a part of your routine. For more on Prince’s estate see: www.yahoo.com/news/prince-heirs-stew-bankers-lawyers-cash-estate-172758633.html
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