Chadwick Boseman, the beloved star of “Black Panther”, recently became the latest celebrity to die without an Estate Plan. When a Californian resident, famous or not, dies “intestate” (without a Will), their estate must be probated.
Now that Boseman’s wife Simone Ledward is seeking to administer the estate in the California Probate Court system, the public knows the value of his estate (a little under $1 million). Ledward will likely spend a minimum of 9-18 months and pay Probate fees in the range of $42,000-46,000 before she can take control of her late spouse’s assets.
Why did Boseman, who had pancreatic cancer for 4 years before his death, procrastinate creating an Estate Plan? We don’t know for sure, but we do know that he’s not alone in doing so. A 2020 survey revealed that 68% of respondents hadn’t created any Estate Planning documents whatsoever. The #1 reason? “I haven’t gotten around to it yet.”
We understand why you may be procrastinating this critical task. Complicated legal jargon can make the process feel overwhelming.
That’s why we created “Estate Planning Essentials”, a simple and easy-to-understand eBook that gives you the knowledge and confidence to finally tackle this critical topic. No more feeling guilty for procrastinating or wondering what would happen to your loved ones if you were gone.
With “Estate Planning Essentials”, you’ll learn how to avoid common pitfalls and master the basic principles of Estate Planning, like:
- How to Choose an Estate Planning Attorney
- How Creating a Living Trust Saves You Money
- Wills vs. Trusts
- How to Avoid Probate in California
- When to Update Your Estate Plan
- How to Avoid the #1 Estate Planning Mistake
…and much more!
Do you have a Successor Trustee who needs to learn the ropes to administer your Trust one day? Maybe your adult children still haven’t created their own Estate Plan, despite having minor children or substantial assets? Feel free to share this helpful resource with any loved ones who could benefit from it.
CLICK THIS LINK to download your copy today.