The world of entertainment lost one of its most prominent voices when the singer and actress Whitney Houston passed away on February 11th at the young age of 48.
Houston was a powerhouse during her heyday, garnering no less than six Grammy awards, a pair of Emmys, and countless other accolades. She holds the music industry record with seven consecutive number one singles, a record that may stand for a long time.
As it is with any high profile individual that passes away, many people are wondering about the details of the Whitney Houston estate. The fact is that they have been slow to emerge. One thing is for sure though: The value of the Houston estate is going to grow considerably.
The public interest in recording artists that pass away skyrockets, and this was the case with Michael Jackson. Experts don’t expect sales of Houston’s recordings to rival that of Jackson’s, but they do anticipate a very significant uptick.
Whitney Houston left behind one daughter, 18-year-old Bobbi, and most people are saying that she will be the heir to the Houston estate.
One thing to take away from this tragic event is the fact that you are never too young to have an estate plan in place. You may think that you have plenty of time to take action later on if you are in your 40s, but you never know what lies in wait around the next bend in the road.
Should you be unprepared at the present time, action is necessary. The first step is to pick up the phone to arrange for a consultation with a qualified and experienced San Jose estate planning lawyer.