By: Mike Pike
According to court documents filed by his sister, the legendary Prince died without a will. The rock star leaves behind five half-siblings, no children, no spouse, no parents…and possibly millions of dollars in assets.
As an attorney that frequently handles estate planning, I sincerely hope Prince has a trust in place that simply hasn’t been discovered. If not, things are going to get very messy very quickly. With an entire team of lawyers and advisors, I’ll be astonished if nothing is in place. I feel for the loved ones left behind that have to sort through the mess. In situations like this, battles are likely to emerge amongst family in a time that should be devoted to mourning their loss and supporting one another.
You may not have the rock star status of Prince, but the attorneys at Skeeters, Bennett, Wilson & Pike want to make sure your assets are taken care of when you leave this world. If you don’t have an estate plan, we encourage you to contact an attorney today.
It always seems like there is time in the future, but as Prince’s death sadly reminds us, no one knows his or her expiration date. Please, get your ducks in a row so your family doesn’t have to in the midst of an already sorrowful season. It’s worth it.
Mike currently is the attorney for the Cities of Radcliff and Vine Grove, advising elected officials, employees, and various city boards on a wide variety of legal matters. A member of the American Bar Association, the Kentucky Bar Association, Hardin County Bar, Meade County Bar, and Association of Trial Lawyers of America, Mike focuses his legal practice on cases concerning personal injury and social security, municipal law, business formation, and estates and probate law. Additionally, Mike oversees the real estate law department for the firm.