Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Friday, December 28, 2018

Aretha Franklin's Estate May Owe Millions in Back Taxes

ArethaThe undisputed "Queen of Soul," Aretha Franklin, passed away in August of this year, but according to court documents filed this week she was not up to date on her taxes at the time of her death. The documents say that the Internal Revenue Service claims that Franklin owes $6.3 million from the tax years 2012 to present, with another $1.5 million in penalties. The odd thing is, the tax year of 2018 is not quite over yet.

The attorney for the estate, David Bennett of Thav Gross P.C., issued a statement that the Estate disputes the tax claims, and that, "The Estate is diligently working to resolve any remaining issues."

A new lien has also been placed on the estate by a publishing company. The company claims that it is owed $136,000 for royalties in connection with the 1973 song Angel. Franklin's personal attorney has also placed a lien on the estate for $54,000 for unpaid bills from the last 6 years.

See Aretha Franklin Owes IRS Almost $8 Million in Back Taxes and Penalties, TMZ, December 27, 2018.

https://lawprofessors.typepad.com/trusts_estates_prof/2018/12/aretha-franklins-estate-may-owe-millions-in-back-taxes.html

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