Schneiderman Insurance Agency, Inc. Blog
We’re really tired of writing about beloved performance artists passing away this year. We bet you’re tired of reading about them, too. But just like David Bowie’s death taught us earlier this year, the unexpected demise of his high purpleness, Prince, provides a strong lesson in the importance of proper estate planning.
According to the latest reports, Prince’s sister, Tyka Nelson, has filed court documents stating her brother left no will . Tyka asks a probate judge to name Bremer Bank as official administrator of the estate. She said the bank provided financial services to Prince for years, is familiar with his affairs and is best suited to protect his assets.
The virtuoso musician died April 21 at 57 years old. His death sets off a countdown to see just how much the government plans to tax from his vast empire, estimated by various news sources to be in the region of $300 million.
I can’t tell you how much I enjoy being a part of the local community here is Southern California. A few weeks ago I was able to work a booth at a concert in Woodland Hills for Queen Nation where I was able to meet many local individuals and families.
I’m so excited that March Madness is starting this week! While I grew up in Los Angeles around a family full of UCLA Bruin fans telling me of the amazing history of John Wooden, it was really my time in college in Lawrence, Kansas at the University of Kansas that solidified my love for college basketball. I had been to many college basketball games as a kid with my aunt and uncle as they were UCLA season ticket holders, and loved the atmosphere at Pauley Pavillion in Westwood during the O’Bannon brothers era. It was electric.