We lost Aretha Franklin from pancreatic cancer on Aug. 16. She was 76 years old. However, there has been issues with her estate because she did not have a will. In addition, it is now being reported someone stole from her months before she died.
An unidentified person stole $200k from her bank account months before she died. TMZ reports in June of 2018 Franklin filed a police report but investigators did not identify a person of interest until after her death.
TMZ claims, “Prosecutors say they don’t have enough evidence to file charges against someone on just the police report … additional testimony from a witness to the crime and/or the alleged victim is needed. The prosecutors tell us they weren’t able to get crucial testimony from Aretha while she was alive, so they lack the evidence to confirm how the checks were accessed or whether she willingly gave the person of interest the dough.”
The case is now “on ice.”
In addition, the Queen of Soul did not have a will. “I tried to convince her that she should do not just a will but a trust while she was still alive. She never told me, ‘No, I don’t want to do one.’ She understood the need. It just didn’t seem to be something she got around to,” Don Wilson, Franklin’s longtime lawyer, told the Associated Press.
Franklin’s four sons equally divided their mother’s assets under Michigan law. Her son’s range in age 48 to 63. The eldest, Ted White Jr. Clarence, is represented by a guardian because he’s incapacitated. One of Franklin’s nieces agreed to serve as executor.
It’s estimated that the singer’s wealth was in the tens of millions. Franklin had ownership of the songs she wrote. The lion’s share of royalties for the smash hit “Respect” has gone to the songwriter, the estate of soul singer Otis Redding. She also owned several properties in the Detroit area with an estimated market value of about $4 million, according to the AP.
Meanwhile, the Internal Revenue Service is keeping a careful eye on things. The IRS will collect any back taxes Franklin owed and tax her estate 40 percent for assets exceeding $11.2 million. As of December, she reportedly owed over 3 million in back taxes but the estate had been paying back taxes since her death.
The Most Unapologetically Black Moments At Aretha Franklin's Funeral
1. Rev. Sharpton Reminding Trump Aretha Franklin Never 'Worked' For HimSource: 1 of 10
2. Fantasia's VocalsSource: 2 of 10
3. And Jennifer Hudson's!Source: 3 of 10
4. Aretha Managing To Get Farrakhan, Sharpton, Jackson, and Clinton on Stage TogetherSource: 4 of 10
5. Twinkie Clark Belting It OutSource: 5 of 10
6. Michael Eric Dyson Breaking Down How Aretha Was Black Without ApologiesSource: 6 of 10
7. White People Freaked Out By Farrakhan At Aretha's FuneralSource: 7 of 10
8. Cicely Tyson's Hat And The Epic SpeechSource: 8 of 10
9. Stevie Wonder Closing Aretha Franklin's FuneralSource: 9 of 10
10. Today's Front Page Of Detroit Free PressSource: 10 of 10
Someone Stole From Aretha Franklin Months Before She Died And Cops Can’t Prosecute was originally published on newsone.com