Investment Updates
Another Member Of Music Royalty Dies With No Will
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.
© 2024 Advisor Products Inc. All Rights Reserved.
More articles
- Top 10 Indications The Economic Outlook Is Brighter Than Expected
- Wealth And Economic News This Week (2-Minute Read)
- 10 Things: New Education Tax Breaks For A Child Or Grandchild
- The Truth About U.S. GDP Growth
- Despite Distractions, Economic Data Boomed Last Week
- Protect Yourself Against Spearphishing
- Even The New York Times Gets Investment Facts Wrong Sometimes
- First-Half Of 2018 Stock Investing Highlights
- U.S. Leading Indicators Growth Rate Slowed In May; Should You Worry?
- Signal To Noise Ratio Of U.S. Economy Is An Anomaly
- Father's Day Financial Tip: Put Your Kids To Work
- Is Economic Growth Sustainable?
- How The New Small Business Tax Break Phases Out
- Fed Shatters Conventional Economic Wisdom
- Four New Signs Point To Economic Strength (2-Minute Read)