Editor’s Note: Excited to bring you another Kimberly Talks: Money Matters column! We’ve been here before with Financial Advisor Kimberly R. Stewart. I think she’s going to keep saying it over and over — We HAVE to plan to die. We all have to leave here. In light of news reports of untimely Prince’s death at his Minnesota home on April 21 and the events surrounding his death, Kimberly shares her heart again. Prince died with no will., according to news reports. Read on. Kimberly Talks: Money Matters is published on the first Monday of each month on the Business News page. If you want to learn more, contact her online: www. krswm.com.
Kimberly Talks: Money Matters
This saddens me almost as much as his death…
Good People, we HAVE to plan to die! I’m sorry, I don’t like talking about it either BUT it’s inevitable!
Sadly, this (settling Prince’s estate) may drag on for years and a substantial amount will need to be paid in attorney’s fees when some simple planning could have avoided this!!!
Just as importantly, because his estate now will be administered based on Minnesota law, his wishes may not be carried out!!! Good people, proper estate planning gives YOU C…ONTROL FROM THE GRAVE!