The Estate of George Michael, who passed away on Christmas Day, is beginning to come to light, according to the Daily Mail in "George Michael's £100M fortune 'will go to his Godchildren': Offspring of his celebrity friends could inherit tens of millions EACH after star died without heirs."
Michael, who was found dead from heart failure by his boyfriend, died unexpectedly on Christmas Day.
Known to have given generously to charities throughout his life, Michael is believed to still have an estate worth at least £100 million (US$121.8 million).
Michael did not have any children, but he was a godparent to some of his friends' children, including those of a former WHAM! bandmate and a former member of the Spice Girls. These godchildren will each inherit a large portion of his estate. He is also believed to have left provisions for his sister and his cousin's children, who are also his godchildren.
More details about George Michael's estate plan are likely to come out in the next few months, as the Estate is settled by the courts in the U.K.
Estate planning for people without children is often more complicated and potentially more litigious than traditional situations. More sophisticated estate planning techniques are often necessary for non-traditional families. An experienced Estate Planning attorney can provide proper guidance and recommendations that are tailored for your particular circumstances.
Reference: Daily Mail (Dec. 27, 2016) "George Michael's £100M fortune 'will go to his Godchildren': Offspring of his celebrity friends could inherit tens of millions EACH after star died without heirs."