Maya Angelou Estate Plan: what we can learn and want to consider when planning your estate
In May of 2014 we lost an incredible author and poet and gained an icon in American history: Maya Angelou.
- Recently, there have been reports about Maya Angelou’s estate.
- Of particular interest, perhaps, are the people to whom she left things in herwill.
- Angelou’s estate, worth an estimated $1.5 million, was left in part to herfriends: “Songwriter Valerie Simpson, Tony-award winning dancer and producer George Faison, and Harlem, NY Firehouse Theater founder Tedao Schnugg.”
- You can read more on this story here: http://www.eurweb.com/2014/12/maya-angelou-leaves-personal-tangible-property-to-valerie-simpson-george-faison-and-others/).
Maya Angelou & Palm Beach Probate and Estates
- You may be asking yourself:
- “What does this have to do with Florida Estate Planning?”
- or “How can this help me choose my West Palm Beach Probate attorney?”
- This story provides answers to 2 important questions:
- Can I leave gifts to friends (or non-family members) in my will?
- While Florida Probate Law and Florida Estate Law might default into leaving an estate to one’s heirs, early Estate Planning and thoroughly Constructing a Will can help you leave your estate to all the ones you care about.
- Your will can include friends and others outside of your family, as long as you make this clear in your will and it is documented in your estate planning.
- Is it important to name an Executor or Personal Representative?
Yes! West Palm Beach Probate attorneys know the importance of naming an executor to execute a will. The executor, sometimes called a “personal representative“, is the one who caries out the wishes of the deceased. Because of this, choosing an executor is an important part of Probate Law, Estate Planning, and Estate Administration, Boca Raton.
Find out more on Estate Administration in Florida. Seehttp://www.pankauskilawfirm.com for videos and information onProbate Law, Estate Planning, and Estate Administration.