When a celebrity passes away, it’s natural for their estate plan to get a lot of attention in the media. And that’s definitely the case if an inheritance battle ensues.
Earlier this year, musician Aaron Carter unexpectedly passed away at the age of 34 years old. With no Will in place, it wasn’t long before a debate began over what would happen to the assets he left behind.
According to inheritance laws in the state of California, Carter’s estate will be passed down to his one-year-old son. The mother of the child is not in line to receive the assets since they were not married at the time of his death.
It has been reported by multiple media outlets that Carter’s legal team repeatedly asked him to create a Will after the birth of his son. Unfortunately, he never took action due to the on-again, off-again nature of his relationship.
The most valuable part of his estate was a home that he purchased in 2018 for $430,000.
When a celebrity passes and a legal battle over their estate comes to light, it serves as a reminder to immediately review your estate plan.
Do you need help reviewing your estate plan and making changes as applicable? If so, you’re in the right place. At our law firm, we specialize in this area of estate planning. Contact us online or via phone at (817) 899-3286 to schedule a consultation with an experienced estate planning attorney. This will go a long way in solidifying your plan and giving you the peace of mind you deserve.