Aretha Franklin: The ‘Queen of Soul’ died without making a will

improve your financial well beingOn 16 August, Aretha Franklin passed away, aged 76, in hospice care after battling pancreatic cancer. She didn’t leave a will. This leaves her four sons and other family members to work out her total assets and divide them amongst themselves.

After the mourning process, the practical concerns around a death take hold. When someone dies without a will, these are much more complicated to resolve. And when the person concerned is a celebrity, these complications have an unfortunate tendency to play out on the public stage.

When Prince died, aged 57, with a $300 million estate and no will, nearly 700 people claimed to be his half siblings. In response, a judge ordered for a DNA sample to be taken from the late singer to assess the legitimacy of these claims.

Franklin’s case is yet to draw the same kind of sensational attention from would-be relatives. She left behind four sons: Clarence Franklin, Edward Franklin, Kecalf Franklin and Ted White Jr, and Sabrina Owens, her niece, has assumed the role of executor.

Her estate is estimated to be worth around $80 million. However, Franklin was notoriously private about her finances and sometimes asked to be paid in cash. She reportedly demanded cash before playing live and then kept the money in a handbag that she kept near her onstage or in the hands of her security team.

At Franklin’s funeral, her friend Ron Moten gave her sons some advice about dealing with the aftermath of her death.

He said: “Remember your family and friends that have been with you for years, because you are about to meet a lot of people who will now want to be your new best friend. You will also meet some people that will have the best investments in the world for you. My advice? Go slow, be careful and be smart.”

In her lifetime, Franklin won eighteen Grammy awards and sold tens of millions of records. She was one of the most talented singers of all time, releasing records from a range of genres, from gospel to pop, jazz to R&B; Franklin did it all.

Highlights from her sparkling career include performing at Obama’s 2009 inauguration and filling in for an ill Luciano Pavarotti at the 1998 Grammys with less than twenty minutes’ notice. She delivered a riveting rendition of ‘Nessun dorma’ for him.

To make sure you don’t leave your loved ones in a difficult situation when you die, make a will at the soonest opportunity if you haven’t already. If you don’t make a will, the law will decide who gets what when you die.

Sources
https://www.theguardian.com/music/2018/sep/02/aretha-franklin-died-without-a-will
https://www.washingtonpost.com/lifestyle/style/aretha-franklin-died-without-a-will-leaving-her-estates-future-uncertain/2018/09/03/a6bbe0be-af8c-11e8-9a6a-565d92a3585d_story.html?noredirect=on&utm_term=.4ba13a1880a8
https://www.mirror.co.uk/3am/celebrity-news/700-people-claim-princes-half-7921365
https://www.nytimes.com/2018/08/22/arts/music/aretha-franklin-will.html