• What Happens To Your Residual Income After Your Death?

    The recent untimely death of pop superstar Prince -- reportedly without a will in place to govern the ownership and use of a "vault" of unreleased recordings -- has illustrated a problem that affects far too many families. In fact, the majority of adults with children die without a will, often leaving a legal and logistical mess behind them as grieving family members struggle to piece together the financial puzzle. And dying with a source of residual income (like book or music royalties, a patented product, or certain types of small businesses) can become even more complex.
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