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'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

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'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

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Gen Zers are arriving to college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates

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I've sold property on California's Central Coast for decades. The buyers chasing ranch and winery estates are after more than a lifestyle
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The paper found in Aretha Franklin’s couch is a valid will in the state of Michigan, jury finds

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Ed White
Ed White
and
The Associated Press
The Associated Press
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By
Ed White
Ed White
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The Associated Press
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July 11, 2023, 4:31 PM ET
Aretha Franklin
Aretha Franklin performs during the 85th annual Christmas tree lighting at the New York Stock Exchange in New York on Dec. 4, 2008.AP Photo/Mary Altaffer, File

A document handwritten by singer Aretha Franklin and found in her couch after her 2018 death is a valid Michigan will, a jury said Tuesday, a critical turn in a dispute that has turned her sons against each other.

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It’s a victory for Kecalf Franklin and Edward Franklin whose lawyers had argued that papers dated 2014 should override a 2010 will that was discovered around the same time in a locked cabinet at the Queen of Soul’s home in suburban Detroit.

Aretha Franklin did not leave behind a formal, typewritten will when she died five years ago at age 76. But both documents, with scribbles and hard-to-decipher passages, suddenly emerged in 2019 when a niece scoured the home for records.

Franklin’s estate managers have been paying bills, settling millions in tax debts and generating income through music royalties and other intellectual property. The will dispute, however, has been unfinished business.

There are differences between the 2010 and 2014 versions, though they both appear to indicate that Franklin’s four sons would share income from music and copyrights.

But under the 2014 will, Kecalf Franklin and grandchildren would get his mother’s main home in Bloomfield Hills, which was valued at $1.1 million when she died but is worth much more today.

The older will said Kecalf, 53, and Edward Franklin, 64, “must take business classes and get a certificate or a degree” to benefit from the estate. That provision is not in the 2014 version.

Ted White II, who played guitar with Aretha Franklin, testified against the 2014 will, saying his mother typically would get important documents done “conventionally and legally” and with assistance from an attorney.

Franklin was a global star for decades, known especially for hits like “Think,” “I Say a Little Prayer” and “Respect.”

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