In case the name does not sound any bells offhand, Stieg Larsson is the author of the awarding winning unique turned film, The Woman 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 up; nevertheless, his lifelong partner didn’t get a dime as an outcome of Larsson’s absence of an estate plan.
Larsson was a controversial reporter throughout his life who, like many writers, decided to write an unique in his spare time later in life. The publishing rights for the unique were bought quickly before his death. Larsson died of a cardiovascular disease in 2004, simply months before his first unique escalated to the top of the charts all around the world. Hollywood soon bought the rights to turn the book into a film. Larsson had actually already completed a 2nd and 3rd book in the series prior to this death. A 4th book was practically finished.
Although Larsson had actually apparently signed a Last Will and Testament back in 1977, it was not witnessed. Under Swedish law, that alone revoked the Will. Appropriately, Swedish law gave Larsson’s whole estate to his daddy and bro. Reportedly, Larsson had extremely little contact with either of them and certainly was not near to them.
Unfortunately, the one person that Larsson was close to gotten absolutely nothing under Swedish law. Larsson’s sweetheart of thirty years, with whom Larsson lived at the time of death, was not entitled to anything considering that they were not lawfully married. Paradoxically, they did not legally wed due to the fact that of legal requirements that required their address to be revealed if they married. Provided the undesirable stance Larsson typically handled questionable subjects in his writing, the pair did not want to take the risk of making their address public.
Famous accounts of bad estate planning, or a total absence of estate planning, are plentiful. Even individuals with a significant fortune often do not take the time to sit down and choose what they want to be made with that fortune when they pass away. Even if you do not have a fortune to give with, do not miss out on the opportunity to choose who will receive your properties when you pass away and how they will receive them. Talk with your estate planning attorney now, before it’s far too late.