Float Like a Butterfly, Get Stung By a Bee

The ever not so eloquent, Snoop Dogg, was asked this week if he had a will or estate plan. His NSFW response was, "I don’t give a f--- when I’m dead. What am I gonna give a f--- about? This goin’ on while I’m gone, you know?"

And continuing in his non-King's English, he added, "Hopefully, I’m a butterfly, I come back and fly around and look at all these motherf-----s fighting over my money and s--t, like, 'Look at all these dumb motherf-----s.' Ha!”

Only four sentences, but so many points. Minimizing them:

1, Snoop can make life easier for his loved ones if he spends a bit of time deciding who should inherit the wealth accumulated from his questionable talents. He could eliminate any people claiming to be his illegitimate child by naming people in his will.

2. Prince reportedly has had 900 people come forward for DNA testing claiming to be his haIf-siblings while anyone who can establish that he is Prince's child, will hit the jackpot and inherit all of Prince's wealth.

3. Raise your hand sheepishly if you think Snoop has fewer illegitimate children than Prince. You would be wrong.

4. I doubt Snoop views his family as loved ones when he refers to them as "dumb motherf-----s."

5. Maybe it is just me, but if I were reincarnated, unlike Snoop I would prefer to return as something more fierce and substantial than a short lived insect with pretty wings.

Estate Planning Myths

Forbes discusses 10 common estate planning myths, all of which I have heard.  The most egregious myths are that without a will the state will inherit one's estate and that having a will allows one to avoid probate.  Of course, neither is true which is why they are myths. 

Personally, the myth I am most vested in is that people need an attorney to draft a will. For reasons stated previously on this page, the cost of retaining an attorney far outweighs the downside of an error or not addressing an issue.  Just ask the illegitimate child who inadvertently inherited a share of an estate or the children from the first marriage who were disinherited entirely in favor of the second, late in life spouse.