The world was deprived of a powerful voice recently when the singer Whitney Houston passed away in Beverly Hills. She was extraordinarily successful during the peak of her career, winning six Grammy awards and two Emmy awards while producing seven consecutive number one singles.
Whitney Houston will surely be missed and it is sad to think that she was just 48 years old when she passed away.
Considering the fact that over half of the people in the United States are going through life without an estate plan the above should be attention-getting to many. Nobody expects to pass away before they reach the age of 50, and because of this a lot of people procrastinate with regard to estate planning. But as you can see, the unexpected can take place even among people who have significant resources.
And speaking of resources, observers in the know are predicting that the estate of Whitney Houston is going to grow considerably into the foreseeable future. Sales of her work are expected to be robust as the public experiences a renewed interest in her music and the films that she appeared in. The beneficiary of this legacy is going to be her daughter Bobbi according to reports.
You may think that you have plenty of time to plan your estate later on, but when you take this gamble it is the well-being of your loved ones that is being placed at risk. Every responsible adult should have an estate plan in place, and if you have been procrastinating right now would be a good time to take action to arrange for a consultation with a good Hartford estate planning lawyer.
Mr. Nirenstein is licensed to practice before the courts of the State of Connecticut and the United States District Court. He is a member of the Connecticut and Hartford County Bar Associations, and the Estate and Probate, Elder Law, Business Law and Real Estate Sections of the Connecticut Bar Association.
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