Attorney Tanya Hobson-Williams of Hobson-Williams, P.C. is available to comment on how Coolio died intestate, or without a will, leaving the court to determine who will receive the late rapper’s estate.
The actor and rap star, born Artis Leon Ivey Jr., passed away on September 28, 2022 at the age of 59. It was reported that he died of cardiac arrest. His former manager filed for probate on the late rapper’s behalf to appraise his estate, which is estimated to be more than $300,000, according to the petition. Coolio’s seven children are listed as the next of kin and will probably inherit his estate.
“If you are a high-net-worth individual or celebrity, it is important that you put your affairs in order and assign someone you trust to be your executor or to create a trust,” Ms. Hobson-Williams says. “You should also examine your bank accounts and life insurance policies to determine if you will be able to pay for funeral expenses and leave behind enough money for your loved ones. You should also dictate who gets how much from your estate. If you don’t, then the court will make that determination, which might not please everyone when the decision is made.”
Ms. Hobson-Williams concentrates her practice in elder law, estate planning, Medicaid planning and guardianships. She is currently representing and advising celebrity clients in estate and guardianship matters.
