Music icon Aretha Franklin didn't leave a will; worth of her estate yet to be estimated
The estate includes ownership of the songs she wrote, some radio royalties, and several pieces of property.
By PTI |
LONDON: Queen of Soul Aretha Franklin did not leave a will.
According to The Guardian, the estate of the music icon, who died last month at the age of 76, is yet to be estimated.
Franklin has four sons and other family members, who are left to find out how much she was worth.
The process is expected to take years and is likely to go public.
Don Wilson, one of the singer's attorneys, said he urged her repeatedly to draft a will but she kept procrastinating.
"I tried to convince her that she should not do just a will but a trust while she was still alive. She never told me, 'No, I don't want to do one.'
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Aretha Franklin Laid To Rest; Stevie Wonder, Bill Clinton Pay Tribute
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Franklin's body arrived in a 1940 Cadillac LaSalle hearse for the funeral.
Hundreds of pink Cadillacs filled the street outside the church, a reference to her 1980s hit 'Freeway of Love'.
Franklin's body arrived in a 1940 Cadillac LaSalle hearse for the funeral. Hundreds of pink Cadillacs filled the street outside the church, a reference to her 1980s hit 'Freeway of Love'.
Former US President Bill Clinton and first lady Hillary Clinton also paid tribute to the icon. Bill Clinton described himself as an Aretha Franklin "groupie", saying he had loved her since college. He traced her life's journey and praised her as someone who "lived with courage, not without fear, but overcoming her fears.
He remembered attending her last public performance, at Elton John's AIDS Foundation benefit in November in New York", when she looked "desperately ill'' but managed to greet him by standing and saying, "How you doing, baby?''
Her career, Clinton noted, spanned from vinyl records to cellphones. He even brought the mic near his phone and played a snippet of Franklin's classic 'Think'.
Two other former US Presidents Barack Obama, at whose inauguration in 2009 Franklin sang 'My Country, ’Tis of Thee', George W. Bush missed the service, but sent letters to be read out.
Former US President Bill Clinton and first lady Hillary Clinton also paid tribute to the icon. Bill Clinton described himself as an Aretha Franklin "groupie", saying he had loved her since college. H..
"She understood the need. It just didn't seem to be something she got around to," Wilson, a Los Angeles lawyer who worked for Franklin for nearly 30 years, said.
He said the multiple Grammy-winner would not have wanted to see her finances publicly aired, adding "She was a private person."
A niece has accepted the role of executor. Under Michigan (her home state) law, as in most states, the sons will equally divide their mother's assets in the absence of a will. No signs of conflict have emerged as of yet.
Bennett filed papers in Michigan's Oakland county court last week. The documents make no mention of the value of Franklin's estate.
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The estate includes ownership of the songs she wrote, some radio royalties, with several pieces of property that according to tax assessors' estimates are worth at least USD 2 million as tangible assets.