“Prince Needed a Will, But Maybe You Don’t”
Research Center for Arts & Culture director Joan Jeffri was quoted in the Times on estate planning for artists:
As for Prince, it’s hard to know why he never wrote even a will, if not a full estate plan, given his wealth. But dying without a plan made him an outlier even among performing artists. Joan Jeffri, the director and founder of the Research Center for Arts and Culture at the Actors Fund, said in surveys of older performing artists, 92 percent had at least a will.
“Estate planning helps artists shape their own legacy,” Ms. Jeffri said. “If you’re putting down your wishes, you’re helping to shape that legacy.”