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

In case the name does not ring any bells offhand, Stieg Larsson is the author of the awarding winning novel turned movie, 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; however, his long-lasting partner didn’t receive a cent as an outcome of Larsson’s absence of an estate plan.

Larsson was a controversial journalist throughout his life who, like numerous writers, decided to write a novel in his extra time later on in life. The publishing rights for the unique were bought quickly before his death. Larsson died of a cardiovascular disease in 2004, just months before his very first novel escalated to the top of the charts all around the world. Hollywood quickly acquired the rights to turn the book into a movie. Larsson had actually already ended up a second and 3rd book in the series prior to this death. A 4th book was practically completed.
Although Larsson had apparently signed a Last Will and Testament back in 1977, it was not witnessed. Under Swedish law, that alone invalidated the Will. Appropriately, Swedish law gave Larsson’s whole estate to his father and brother. Apparently, Larsson had really little contact with either of them and certainly was not near them.

Unfortunately, the someone that Larsson was close to received nothing under Swedish law. Larsson’s girlfriend of 30 years, with whom Larsson lived at the time of death, was not entitled to anything considering that they were not legally married. Paradoxically, they did not legally wed since of legal requirements that needed their address to be made public if they married. Given the out of favor position Larsson frequently took on questionable topics in his writing, the set did not wish to take the threat of making their address public.
Famous accounts of poor estate planning, or a complete lack of estate planning, are plentiful. Even people with a significant fortune typically do not make the effort to take a seat and choose what they want to be finished with that fortune when they pass away. Even if you do not have a fortune to dispense with, do not miss out on the chance to decide who will get your assets when you pass away and how they will receive them. Talk with your estate planning lawyer now, prior to it’s far too late.