Who inherited Aretha Franklin’s estate?
Who inherited Aretha Franklin’s estate?
Jul 12, 2022. The estate of the legendary Aretha Franklin is finally done with the Internal Revenue Service (IRS). According to USA Today, the outstanding $7.8 million debt has officially been paid in full. This is a huge win for Franklin’s four sons who inherited her estate following her passing in 2018.
What was Aretha Franklin’s net worth at death?
Aretha Franklin Had Nearly $1 Million In Uncashed Checks When She Died. When Aretha Franklin died last summer, she had a net worth of $80 million. She also had a whole bunch of uncashed checks totaling nearly $1 million!
Who gets Aretha Franklin’s royalties?
This means that the largest financial hurdle in the settlement and division of the performer’s assets to her heirs has finally passed — and it only took four years since her death. This also fully gives Aretha Franklin’s four sons open access to the many royalties and revenue streams left by the Queen of Soul.
What is Aretha Franklin’s net worth?
It’s been almost three years since Aretha Franklin died from pancreatic cancer at age 76. Her fortune was estimated to be worth nearly $80 million. But because of poor estate planning, the “Queen of Soul’s” children have yet to see even a dime of their inheritance.
How much does Aretha Franklin owe the IRS?
Aretha Franklin’s long-standing $7.8 million debt to the Internal Revenue Service has been paid in full, her estate says in a new court filing.
How much was Prince net worth?
Prince’s $156 million estate has been settled six years after his death. Prince’s estate is finally settled after a six-year court battle. The late singer did not leave a will regarding his $156 million estate.
