Nesta Robert “Bob” Marley – (1945-1981) – Singer-songwriter, Musician, Activist
Bob Marley was a Jamaican singer-songwriter and musician best known for his Reggae records. He was the rhythm guitarist and lead singer for reggae bands The Wailers (1963- 1974) and Bob Marley & The Wailers (1974-1981). Marley remains the most widely known and the best-selling performer of reggae music, having sold more than 75 million albums worldwide. Marley’s music was heavily influenced by the social issues of his homeland. The compilation album Legend (1984), released three years after his death, is reggae’s best-selling album, going ten times Platinum (also known as One Diamond in the U.S.), and selling 25 million copies worldwide.
Bob Marley’s estate continues to generate significant revenue despite the fact that it has been over thirty years since his death. Marley died intestate even though he knew he had cancer and lingered for nearly eight months. His estate, worth a reported $30 million, has had dozens of claimants. If he had created a trust prior to his death, then probate and the dozens of claimants would have been avoided.
If you want to minimize the consequences of failing to properly plan your estate, then contact The Mendel Law Firm, L.P. for a free initial consultation on estate planning, trust planning, and/or probate issues.