One of the secondary story-lines in the unfortunate passing of legendary singer, Etta James was the estate battle between her sons and her husband, as the Huffington Post reported.
The matter was of particular delicacy because the singer had dementia. However, there may yet be good news for her fans, who probably don’t want to see a long fight over assets that she accrued through her talents.
It turns out that her sons, Donto and Sametto, who had gone to court many times to challenge the singer’s husband of 42 years, Artis Mills, may have reached a point of comity, reports Contact Music.
While her fans will be hoping that the reports are indeed true, and that the feud between Donto and Sametto and Artis Mills is over, there are also important lessons for her fans regarding estate planning.
Estate planning is one of the most important steps any person can take to make sure that their final property and health care wishes are honored, and that loved ones are provided for in their absence.
Though often overlooked or put off in favor of more immediate concerns, a comprehensive estate plan can resolve a number of legal questions that arise whenever anyone dies: What is the state of their financial affairs? What real and personal property do they own? Who gets what? Does a personal guardian need to be appointed to care for minor children? How much tax will need to be paid in order to transfer property ownership? What funeral arrangements are appropriate?
Remember, you don’t have to be wealthy to have an “estate.” Your “estate” consists of everything including real estate, bank accounts, stocks and securities, life insurance policies, and even personal property like cars and baseball cards.
The Etta James feud should make you stop and think and “at last” get your estate planning done.