On the subject of musician Prince dying without a will, Richard Weiland was interviewed by All In a Day on CBC Radio in Ottawa yesterday on the matter of dying intestacy (without a will). In the interview, Richard states that “if they die with a surviving spouse and young children, the estate is divided between the spouse and the young children but children under the age of 19 can’t hold assets in their own name”, in that case, their share gets paid to the Public Guardian & Trustee, who then holds their share for them until they turn 19.
Subscribe to our newsletters
Stay current on business and legal news, topics and trends
Related Content

Strata wind-up expertise
With the help of our strata property and real estate teams, the owners in a 58-unit condo development, named Brandywine, successfully petitioned the British Columbia ... Continued

Alpha Peak Leisure Inc. closes $15 million financing and Qualifying Transaction
Clark Wilson acted for Alpha Peak Leisure Inc. (TSXV: AAP) in completing its TSXV Qualifying Transaction, which involved major international investment banks such as Citigroup ... Continued

Government taken to Court over Advanced Education’s Bill 18
As we advised in the November 2011 edition of Campus Counsel, the Government of British Columbia tabled Bill 18 – the Advanced Education Statutes Amendment ... Continued