Learn from Prince’s Mistakes: Don’t Let it (Purple) Rain on Your Estate Plans

Learn from Prince’s Mistakes: Don’t Let it (Purple) Rain on Your Estate Plans

When I read that Prince failed to leave a will or any known estate planning documents, I was shocked.  The musician, who was notoriously hands-on with his music and its management, failed to prepare a plan for what would happen after his death. Prince left behind an estate estimated to exceed $300 million.  While most of us will never accumulate that much money, we can still learn from Prince’s mistakes.

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