In case the name doesn’t call any bells offhand, Stieg Larsson is the author of the granting winning unique turned movie, The Lady with the Dragon Tattoo. Larsson was a Swedish journalistic all his life who turned author literally months prior to his death. Ultimately, his estate was valued at upwards of $50 million and climbing; however, his lifelong partner didn’t receive a dime as an outcome of Larsson’s absence of an estate plan.
Larsson was a controversial journalist throughout his life who, like lots of writers, decided to compose a novel in his extra time later on in life. The publishing rights for the novel were bought quickly prior to his death. Larsson died of a heart attack in 2004, simply months before his very first novel escalated to the top of the charts all around the world. Hollywood soon acquired the rights to turn the book into a film. Larsson had already finished a 2nd and 3rd book in the series prior to this death. A 4th book was practically completed.
Although Larsson had actually obviously signed a Last Will and Testimony back in 1977, it was not experienced. Under Swedish law, that alone revoked the Will. Accordingly, Swedish law gave Larsson’s entire estate to his dad and brother. Apparently, Larsson had extremely little contact with either of them and certainly was not close to them.
Unfortunately, the someone that Larsson was close to received nothing under Swedish law. Larsson’s sweetheart of 30 years, with whom Larsson lived at the time of death, was not entitled to anything considering that they were not legally wed. Paradoxically, they did not legally marry due to the fact that of legal requirements that needed their address to be revealed if they wed. Given the out of favor stance Larsson typically handled controversial subjects in his writing, the pair did not want to take the risk of making their address public.
Famous accounts of poor estate planning, or a total lack of estate planning, are plentiful. Even people with a considerable fortune often do not put in the time to take a seat and choose what they wish to be finished with that fortune when they pass away. Even if you do not have a fortune to ignore, do not miss the opportunity to choose who will receive your properties when you pass away and how they will get them. Talk with your estate planning attorney now, prior to it’s too late.