Prince Estate loses “Prncely” sum!
Prince may have known music, but he forgot to plan for his family. Like 70% of America, he died without an Estate Plan or Will. As a result, the IRS and States will get about 50% of his estate. All of his hard work goes to the Government rather than his family and the charity of his choice. So sad!
I wonder how many readers don’t have a current Will and Estate Plan?