Lou Reed Walked On The Wild Side With His Estate Organizing

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Lou Reed Walked On The Wild Side With His Estate Organizing
Possibly we shouldn’t be stunned. Right after all, Lou Reed was the gentleman who famously crooned, “Hey babe, discuss a walk on the wild side.” The late lead singer and guitarist of The Velvet Underground — and of training course, a musician and songwriter with a productive, decades-extended solo occupation — could have been a bit wild at instances. But that doesn’t describe why he would be so careless with his estate program. This is a gentleman with an estate well worth a lot more than $30 million — possibly substantially a lot more, in truth. Latest filings with the Surrogate’s Court in Manhattan (that’s probate court, for us non-New Yorkers) present that Lou Reed’s estate has presently acquired $20,379,169 (give or get a handful of bucks) given that he passed away from liver condition on October 27, 2013, at the age of 71. This is only the revenue that Lou Reed’s estate has brought in given that his demise, from his copyright, publishing and efficiency royalties and other bargains put collectively beneath the skillful management of his longtime manager Go through a lot more... The submit Lou Reed Walked On The Wild Side With His Estate Organizing appeared very first on Trial and Heirs Website .