Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

Aretha Franklin Leaves No Will or Trust For $80M Estate

by MsJennyb
August 22, 2018
Reading Time: 1 min read
0
Share on FacebookShare on Twitter
  Blogged By carmenroxanna

Aretha Franklin, who passed away last Thursday in her hometown of #Detroit, left behind an 80 million dollar estate with no one appointed over it after her death.

In the state of #Michigan, the assets of an unmarried, deceased person are divided equally among their children. However, others such as creditors or extended family members, could contest the estate to receive a share. According to the Detroit Free Press, Franklin’s four sons filed a document on Tuesday listing themselves as interested parties in her estate. Sabrina Owens, Franklin’s niece, has requested to be the personal representative of the estate.

⠀The absence of a will means that Franklin’s finances will become public. Her entertainment lawyer, Don Wilson, said that he repeatedly asked her to put together a trust.

“I was after her for a number of years to do a trust,” he said. “It would have expedited things and kept them out of probate, and kept things private.” Franklin was known to be an extremely private person.

⠀⠀⠀⠀⠀⠀⠀⠀⠀

⠀⠀⠀⠀⠀⠀⠀⠀⠀

In regards to Aretha’s music, Wilson said he would have helped Franklin manage her holdings in music publishing and copyright issues for estate planning. He also stated that, “at this point, it’s impossible to place a dollar value on her song catalog,” but noted that Franklin kept ownership of her original compositions. Thank goodness!

⠀⠀⠀⠀⠀⠀⠀⠀⠀

⠀⠀⠀⠀⠀⠀⠀⠀⠀

Nobody likes to think about #Wills and #EstatePlanning because who wants to think about themselves dying and what happens afterward, but it is important. These situations can get pretty messy when money is involved so let’s hope the Franklin family and everyone involved comes together and does what’s right in honor of Aretha!

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Tags: aretha franklinEstateWill

Related Posts

Suspect in "Politically Motivated" Lawmaker Shootings Identified as Vance Boelter—Still At Large and Considered Armed
News

Suspect in “Politically Motivated” Lawmaker Shootings Identified as Vance Boelter—Still At Large and Considered Armed

June 14, 2025

Minnesota is shaken after a chilling attack left one lawmaker dead and another gravely wounded in what authorities are calling...

Caitlyn Jenner Hides in Bomb Shelter in Tel Aviv, Declares “We Will Liberate Iran’s Citizens”
News

Caitlyn Jenner Hides in Bomb Shelter in Tel Aviv, Declares “We Will Liberate Iran’s Citizens”

June 14, 2025

Caitlyn Jenner’s trip to Tel Aviv has taken a dangerous turn, and she’s keeping the world updated in real time....

Rapper Macklemore’s Nanny Pepper-Sprayed and Robbed in Wild Home Invasion
News

Rapper Macklemore’s Nanny Pepper-Sprayed and Robbed in Wild Home Invasion

June 14, 2025

Days ago in Seattle, Grammy-Award winning rapper Macklemore’s nanny was the victim of a frightening burglary while caring for the...

Minnesota Lawmakers Targeted in Deadly Attack: Rep. Melissa Hortman Killed, Sen. John Hoffman Injured
News

Minnesota Lawmakers Targeted in Deadly Attack: Rep. Melissa Hortman Killed, Sen. John Hoffman Injured

June 14, 2025

In a shocking early morning tragedy, Minnesota Rep. Melissa Hortman and her husband Mark were fatally shot, while Sen. John...

Next Post

Woman Loses NASA Internship After She Curses Out NASA Space Council Member Over Twitter

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d