Dickman Law Firm Knowledge, Experience, Dedication
Family Owned And Operated Since 2002
Call 239-330-6735
For Your Free Consultation
Se Habla Español
Menu Contact

IRS files a claim against Aretha Franklin's estate

Florida residents may remember that Aretha Franklin passed away in August 2018 from cancer. According to the IRS, her estate owes over $6.3 million in unpaid income taxes from 2012 to 2018. The organization is one of many interested parties listed in documents that the singer's sons filed in Oakland County Probate Court. Specifically, the government says that the singer owes an estimated $2.1 million from 2015 and roughly $500,000 from 2016 and 2017.

The figures from 2016 and 2017 include taxes and fees on top of the original balance owed. It is not yet known how much in penalties and interest will be assessed for other tax years until the exact amounts owed are known. An additional claim was made for $1.5 million in taxes owed from 2010. An attorney for the estate says that it had paid $3 million in back taxes owed.

The attorney also said that the estate disputes the figures provided by the federal tax agency. However, the IRS claims that no part of either debt has been paid and that it is now considered payable to the government. An initial probate hearing is scheduled to take place on January 16. It is believed that it will take several years before creditor claims, such as those made by the IRS, are sorted out.

Those who pass away intestate may have less say over what happens to their assets. In such a scenario, an estate will likely need to go through probate, which is a public process. Generally speaking, all creditors or other interested parties will need to be notified that probate is taking place. An attorney may be able to help a person create an estate plan that may provide more protections over assets both while still alive and after passing on.

Source: Forbes, "IRS Seeks To Recover Millions In Unpaid Taxes From The Estate Of Aretha Franklin," Kelly Phillips Erb, December 28, 2018

No Comments

Leave a comment
Comment Information

Tell Us More About Your Case

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Email Us For A Response

Office Location

Dickman Law Firm
809 Walkerbilt Rd. Suite 7
Naples, FL 34110

Phone: 239-330-6735
Phone: 305-758-3621
Phone: 727-527-7150
Fax: 239-434-0940
Fax: 727-527-7180
Fax: 305-758-0508
Naples Law Office Map

Dickman Law Firm
P.O. Box 771390
Naples, FL 34107

Phone: 239-330-6735
Map & Directions

MAILING ADDRESS

Review Us

Phone:

Fax: