The late Larry King
The world was saddened by the news of Larry King’s passing on January 23, 2021. Known for his unique interviewing style and his ability to connect with people from all walks of life, Larry King was a broadcasting legend who left an indelible mark on the world of journalism.
As with many high-profile individuals, King likely had a well-crafted estate plan in place. Estate planning is the process of preparing for the transfer of an individual’s assets and wealth after their passing. It involves creating a will or trust, and appointing an executor or trustee to manage the distribution of assets to beneficiaries.
King had been married eight times and had five children, which could complicate matters in terms of inheritance. However, given his wealth and fame, it is likely that King took the necessary steps to ensure that his estate was properly planned and managed.
Larry King’s estranged wife, Shawn Southwick King, is currently embroiled in a battle over his fortune. You can read about it here: The Executor of King’s Estate.
Larry King’s passing has brought attention to the topic of estate planning and inheritance. While his legacy will be remembered for his contributions to journalism and broadcasting, his personal affairs remind us of the importance of having a well-crafted estate plan in place. It is a gift that we can leave to our loved ones, ensuring that our assets are distributed according to our wishes, and our family is taken care of after our passing.