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Prince, Tupac, And Snoop Dogg: 5 Top Musical Planning Mistakes

Prince died without a will. So did Tupac Shakur, Bob Marley, and many other legendary musicians. Snoop Dogg doesn't even want a will.  Prince 2

The question is: Why?

It seems like such a basic concept; everyone needs a will. Otherwise the laws of the state you live in determine who receives your assets and controls your legacy after you die. Without a will, you have no say in what happens, and the chances of a family fight increase dramatically.

Even though a will is relatively simple to create, studies consistently show that between 60% and two-thirds of adult Americans don't have a will. All states recognize a "holographic" will, which is one in your own hand-writing. They are perfectly valid as long as a couple basic conditions are met. This is not to say they are perfect by any means, but usually better than nothing. And most lawyers can create a basic will for a few hundred dollars or even less.

Even when an estate is modest is size, dying intestate -- without a will -- is never a good idea. So why don't more adults have wills -- including a surprising number of the extremely-wealthy?

These musical superstars highlight important lessons about why so many people fail to create a will before they die:

1. Prince:  Didn't Trust Professionals

The artist originally known, then formerly known, and then known again as Prince, reportedly developed a deep distrust of professionals, including lawyers.  He felt he had been burned earlier in his career by signing legal documents, so a stream of professionals was unable to convince Prince Rogers Nelson to sign important legal documents like a will.

The result?  His heirs and his legacy are in for trouble with what will likely be an expensive and drawn-out court fight over his vast fortune and musical legacy.

The first battle over the Prince Estate will be to determine who Prince's heirs actually are.  This morning, a man named Carlin Q. Willliams filed the first official paternity claim, based on his mother's affidavit saying she met Prince in July of 1976.  One thing led to another, and nine months later, Carlin was born.  A DNA test will come next, based on blood samples already preserved from Prince's body.

This paternity claim is just the beginning of the long road for the Prince Estate, trying to determine who should receive Prince's money.  If Prince had done a simple will, his instructions would have dictated who received what.  Paternity tests would not have been necessary.

Sadly, Prince's distrust of professionals means that a large chunk of his fortune will be spent paying legions of professionals while his heirs (both actual and potential) try to sort out the mess he left behind.

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Top Ten Twitter Accounts of Deceased Celebrities

Let’s face it … Twitter is a social media phenomenon that won’t stop growing any time soon.  Estimates place the number of users at around 500 hundred million.

In fact, it’s getting more and more use even by celebrities who are no longer with us.  Whether it’s attributable to their estates, companies managing their image rights, or other-worldly influences, just because someone is dead doesn’t mean they can’t have an active Twitter account.

This topic got us thinking, and researching.  What are the most-followed official Twitter accounts of deceased celebrities?  Trial & Heirs has the answer.

We’ve done our best to only include actual celebrity accounts.  If you use Twitter and want to follow all of these, we created a Twitter list with all ten.

(All totals are as of March 1, 2012.)

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Are Bob Marley's Heirs Destroying His Legacy?

While being widely loved for spreading reggae music throughout the world, Bob Marley stood for more than just music. His songs promoted freedom for poor and oppressed people throughout the world, social equality, and justice.  Marley even won the 1978 United Nations Medal of Peace. Bob_Marley_&_The_Wailers

Sadly, events surrounding his estate have been anything but consistent with his musical legacy.  2011 marked the 30-year anniversary of the day Marley died of cancer, at the age of 36, on May 11, 1981.  In those 30 years, his estate has seen far too many court fights, lawsuits and money-grabs to count.  And that legacy of fighting over money doesn’t seem likely to end any time soon.

Just last week, a corporation owned by his widow, Rita Marley, and his nine children, sued Richard Booker and two corporations he owned. Who is Richard Booker?  Bob Marley’s half-brother.  Among other Jamaica-based business ventures, Booker operates musical festivals and a company which gives tours of the village where Marley was born and is now buried.

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