Tina Turner’s estate shows the importance of having a plan in place to protect your family when you die. The Queen of Rock ‘n’ Roll died on May 24, 2023 as the result of a long illness, sources have reported. Preceding her in death are her two biological sons, Craig and Ronald Turner. She leaves behind her husband, former EMI record exec Erwin Bach.
Tina Turner’s Estate: Her Legacy Secured
Tina Turner had a remarkable talent and exemplified what it means to plan for the unexpected. Sources have revealed the singer took proactive steps to settle her estate, thus eliminating the need for her family to go through probate. She eliminated potential conflicts among her family members over her fortune. In doing so, she highlighted the importance of foresight and proper planning.
In 2021, sources revealed Turner started her own estate planning journey. Prompted by her failing health, she began organizing her will. She took proactive measures to avoid fights over her estimated $270 million estate.
Tina Turner’s Health Challenges
Turner battled many health issues over the years, but was brave to confront her own reality. Her drive to settle her estate matters was to protect those she left behind. BMG reportedly snapped up the rights to her music catalog for $50 million, thus safeguarding her assets as she dealt with continuing health problems.
Turner suffered a stroke in 2013, four months following her marriage to Bach. Following that battle, she fought intestinal cancer in 2016 and had a kidney transplant in 2017. Her husband served as her donor, thus saving her life.
In 2021, her health declined further and reportedly, she was back on dialysis. With this in mind, along with the time frame, her focus was to plan for for the future. In her final days, she had the peace of mind that comes along with proper planning.
Who Will Inherit Tina Turner’s Estate?
Tina Turner had a proactive approach to her own estate planning. This approach is a testament to her foresight and dedication to her family. Her steps to prevent family fighting show the importance of planning ahead. Her legacy extends beyond her contributions to the music world. She inspires you to plan ahead for unpredictable circumstances.
Reportedly, Tina’s husband Erwin stands to inherit half of her estate. The remaining funds will be distributed among her other family members. Tina and Erwin married in 2013 after a long-term relationship began in the 1980s.
Leaning Into Tina Turner’s Wisdom
Tina Turner’s journey and how she protected her family show how important it is to plan. This is a principle that applies to us all. No matter your age or wealth, an estate plan is for everyone. Even though she had a tough early life and marriage to Ike Turner, Tina’s wisdom shined at the end.
Take Control of Your Legacy with Our Estate Planning Attorneys
If you’ve had health challenges or need to prepare for the future, contact us. Our team of estate planning attorneys is ready to assist you. To follow in Tina Turner’s footsteps, you can plan for your future and make sure your wishes are honored.
Contact our office through our contact page or call (888) 222-1328. We can help you secure your legacy for future generations, which is undoubtedly the point of the Tina Turner estate plan. Generally, planning is important for everyone, and surely we will emphasize that for years to come. Coupled with her immense wealth, a proper plan helped Tina’s survivors avoid a potentially lengthy process in sorting out her affairs.
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