SUCCESSFUL RETIREMENT INSTITUTE
  • Home
  • About
  • Successful Retirement Institute® Blog
  • Library

Successful Retirement Institute® Blog

Former Zappos CEO Died in November Without a Will. Here's Why That Makes Things Extremely Complicated.

1/12/2021

0 Comments

 
Picture
Tony Hsieh, former CEO of Zappos, died at 46 due to smoke inhalation from a house fire over the Thanksgiving holiday. Several months prior, Hsieh retired from his position as CEO of Zappos with an estimated net worth of $840 million.1 Since his death, his family has determined he died intestate, meaning he had no will. In response, his family has filed for access to the former CEO’s accounts and assets.2

Earlier this year, “Black Panther” star Chadwick Boseman lost his battle with colon cancer - Boseman also died intestate. His wife has since had to file paperwork in probate court to gain access to his estate, which has an estimated value of about $938,500.3

​



Read More
0 Comments

    Author

    Roy Larsen is a Certified Financial Planner™ practitioner and Fee Only Wealth Manager who resides outside of Atlanta, Georgia.

    Roy's Financial Blog contains articles on the complex issues of living successfully in retirement.



    Archives

    April 2021
    March 2021
    February 2021
    January 2021
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020

    Categories

    All
    Estate Planning
    Healthcare
    Medicare
    Retirement Planning


Larsen Wealth Management, LLC is a Registered Investment Adviser. Advisory services are only offered to clients or prospective clients where Larsen Wealth Management, LLC and its representatives are properly licensed or exempt from licensure. This website is solely for informational purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Larsen Wealth Management, LLC unless a client service agreement is in place. 


​


Photos used under Creative Commons from AJ Photographic Art, wuestenigel, verchmarco, focusonmore.com, HowardLake, josenieto8
  • Home
  • About
  • Successful Retirement Institute® Blog
  • Library