Stieg Larsson– Another Example of Why Estate Planning is So Crucial

In Estate Planning by Taylor Stevens

In case the name doesn’t ring any bells offhand, Stieg Larsson is the author of the granting winning unique turned film, The Girl with the Dragon Tattoo. Larsson was a Swedish journalistic all his life who turned novelist actually months prior to his death. Ultimately, his estate was valued at upwards of $50 million and climbing up; however, his lifelong partner didn’t get a dime as an outcome of Larsson’s lack of an estate plan.

Larsson was a questionable reporter throughout his life who, like numerous writers, chose to write a novel in his extra time later on in life. The publishing rights for the novel were acquired quickly before his death. Larsson passed away of a heart attack in 2004, simply months before his first novel increased to the top of the charts all around the world. Hollywood quickly bought the rights to turn the book into a movie. Larsson had currently finished a 2nd and 3rd book in the series prior to this death. A fourth book was nearly completed.
Although Larsson had actually apparently signed a Last Will and Testimony back in 1977, it was not witnessed. Under Swedish law, that alone invalidated the Will. Accordingly, Swedish law offered Larsson’s entire estate to his father and brother. Apparently, Larsson had really little contact with either of them and definitely was not near them.

Unfortunately, the one individual that Larsson was close to gotten nothing under Swedish law. Larsson’s sweetheart of thirty years, with whom Larsson lived at the time of death, was not entitled to anything since they were not lawfully married. Paradoxically, they did not legally marry because of legal requirements that needed their address to be revealed if they married. Offered the undesirable stance Larsson frequently took on questionable subjects in his writing, the set did not want to take the danger of making their address public.
Famous accounts of poor estate planning, or a complete absence of estate planning, abound. Even individuals with a considerable fortune frequently do not take the time to take a seat and decide what they wish to be made with that fortune when they pass away. Even if you do not have a fortune to give with, don’t miss the chance to choose who will receive your assets when you pass away and how they will receive them. Talk to your estate planning lawyer now, before it’s too late.