Another Member Of Music Royalty Dies With No Will
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Published Friday, August 24, 2018 at: 7:00 AM EDT
Legendary singer, Aretha Franklin succumbed to pancreatic cancer at the age of 76 on August 16, 2018, and she was accorded funeral rites usually reserved for heads of state. But the diva who famously demanded respect, sadly, died without a will.
Her estate is subject to probate, and a long-drawn out public legal proceeding to hear claims by her four children and other relatives — an undignified end for music royalty.
While Ms. Franklin was a genius by most measures and her music legacy lives on, she appears to have had a blind spot when it came to money and, perhaps, mortality. A minister's daughter, the Queen of Soul, was known to demand payment in cash before performing live and keep the cash near her onstage.
This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation. Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.
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