Celebrity Deaths of 2016 Lead to More People Creating Wills
The last year was a tough one when it came to celebrity deaths, from rock icon David Bowie in January 2016 to Star Wars star Carrie Fisher in December. Many people mourned the deaths of some of their favorite music and film heroes, while others saw these deaths as a sign they needed to take action.
Several studies are finding that Americans have more interested in getting their affairs in order after the passing of these high-profile celebrities. This was especially true after rock star Prince passed away in April without a will. In the aftermath of Prince’s death, Nolo.com reported a 24 percent increase in sales for its WillMaker service, a 42 percent increase for its Online Will service and a 41 percent increase for its Leaving Trust service. Similar jumps happened on legal sites like RocketLawyer (57 percent), LegalZoom (46 percent) and USLegalWills.com (61 percent).
Importance of creating a will
This is not a particularly new phenomenon. Experienced estate planning lawyers know that when a high-profile celebrity passes away without a will, there’s likely to be an increase in the numbers of people coming to them for estate planning.
But what’s more important is for individuals to take action if there has been a notable change in their lives, such as a marriage, birth of a child or divorce. When any life-changing events occur, it’s important to establish or update your estate plan as soon as possible.
Without a will, your items would be left up to the regulations intestate succession. There may be a chance that Florida’s rules for intestate succession align with your own wishes, but the only way you maintain total control of what happens to your assets and property is through a carefully crafted estate plan.
If you would like learn more about how you can draft a will and other key documents as you plan for the years ahead, work with a skilled Florida estate planning attorney at The Charles Law Office.