The wills of famous people show us that estate planning is important no matter how much money you have. We often hear about the long and expensive legal fights that happen after a celebrity passes away, but many people believe this won’t happen to them. The truth is, dying without a proper will makes these problems much more likely.
Let’s look at the example of Aretha Franklin to understand why having a clear, legally valid will is so important.
Aretha Franklin’s Estate: What Went Wrong?
No Formal Will at First: When Aretha Franklin died in 2018, it seemed she hadn’t left a formal will. Without one, the court would decide how her assets were divided based on state intestacy laws.
Handwritten Wills Found: Later, three handwritten notes were found at her home—two in a locked cabinet and one under a couch cushion. These documents showed her wishes but were not official wills.
Family Disagreement: Aretha’s four sons disagreed about whether these handwritten notes were valid. Some believed the estate should follow intestacy laws, while others wanted the handwritten wishes to be honoured.
Problems with Handwritten Wills: Handwritten (or holographic) wills can be accepted in some places, like Michigan where Aretha lived. But they’re easier to challenge because they often lack formalities, like witnesses, which are required in many states.
Court Ruling: After years of legal battles, a Michigan jury ruled in 2023 that the handwritten will found under the couch cushion was valid. This meant Aretha’s youngest son, Kecalf Franklin, inherited the largest share, including her home.
What We Can Learn from Aretha Franklin’s Story:
Have a Formal Will: A clear, professionally drafted will can help avoid family fights and confusion. It makes your wishes easier to follow.
Be Careful with Handwritten Wills: These can cause problems because they might not meet all legal requirements.
Prevent Family Conflict: Without a clear will, loved ones may end up in long, costly legal disputes.
Plan Your Estate: Even if you want privacy, estate planning protects your assets and your family.
Aretha Franklin’s case is a strong reminder that having a solid, legally sound estate plan is key to protecting your legacy and making sure your wishes are respected.
