Lessons From The Rich And Famous: Why Estate Planning Should Be Part Of Your Retirement Plan

When it comes to establishing what will happen to someone’s accumulated wealth and assets after their passing, it pays to be prepared—but too many people are not. Even in the cases of celebrity deaths including Prince, Aretha Franklin, Chadwick Boseman, and Tom Petty, nonexistent or insufficient planning have led to years of legal conflict and bitter family divides.

Steve Parrish, co-director of The College’s Center for Retirement Income, says these cases prove estate planning matters. Read more of his take in his latest Forbes column.

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