Prince’s Lack of an Estate Plan THIS IS WHAT IT SOUNDS LIKE WHEN HEIRS CRY
Last fall, Prince’s “Let’s Go Crazy” was featured in a Capital One commercial. That may not sound like a big deal, but it instantly struck the wrong cord with the Purple One’s longtime fans. See, Prince was notoriously protective of his work. During his lifetime, he didn’t even allow his music to be streamed on Spotify or Apple Music. He most certainly would not have offered up one of his most iconic songs for a credit card commercial. How did a situation occur where Prince’s music could be used so blatantly against his wishes? The answer is simple: He had no estate plan. While it was eventually determined that Prince’s six siblings would be his heirs, the bank controlling the estate decided the song could be used in the ad. Even if Prince’s heirs had put up a fight, they would’ve had an uphill battle to stop the commercial from airing. With an estate as large and complicated as that of a multi-millionaire recording artist, the lack of a clear estate plan can tie up assets and
rights for years. Even for smaller estates, it can cause everything from minor delays to serious problems. There’s no guarantee your assets will go where you intended them to or that they will be used as you would’ve wished. Odds are you won’t have scammers and frauds claiming to be your relatives in order to secure a slice of the pie, but you never know. If Prince had taken the time to create a thorough estate plan, he could’ve prevented his songs from being used in tacky commercials. As it stands, there’s nothing stopping Coca-Cola from making “Purple Rain” the official song of grape-flavored Fanta. Safeguarding your estate from probate, misuse, and unneeded expenses can be easily achieved through diligent planning. Call our office today to get started on an estate plan that will protect your wishes, as well as your little red Corvette.
BLISTERED ASPARAGUS WITH PEANUT-COCONUT SPRINKLE MICHELE’S RECIPE CORNER
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INGREDIENTS
• 12 ounces asparagus, stalks trimmed • 2 tablespoons vegetable oil • 1 Fresno chile, deseeded and finely chopped • 2 tablespoons soy sauce • 1 tablespoon fresh lime juice • 1 teaspoon agave nectar • 1 teaspoon fresh ginger, peeled and finely grated • 2 tablespoons peanuts, crushed • 2 tablespoons shredded coconut, toasted • Salt, to taste
DIRECTIONS
1. In a large skillet over medium-high heat, heat oil until shimmering. 2. Season asparagus with salt and sauté, tossing frequently until blistered, about 5 minutes. Transfer to a platter. 3. In a mixing bowl, combine chile, soy sauce, lime juice, agave, and ginger. Mix in peanuts and coconut. 4. Spoon over asparagus and serve.
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