Aretha Franklin Estate Selling Property Tax Debt

Aretha Franklin‘s estate is asking the court for permission to sell property the late singer owned to help fulfill a $5.2 million tax debt, The Blast has reported.

According to court documents, the estate seeks permission to sell off a 1.05 acre vacant lot that Franklin, who died in 2018 owned in Bloomfield Hills, Michigan.

The estate wants to list the lot for $1.4 million and the price will include a home being built on the land for the buyer.

The court papers show that Franklin’s estate owes $100,000 in debts and another $5.2 million in taxes; apparently part of the original $6.3 million IRS debt has already been paid off.

Famed “Respect” singer Franklin died at age 76 of pancreatic neuroendocrine tumor.

As RadarOnline.com reported, she left a massive tax bill plus numerous unpaid debts.

Mark Bego, author of Aretha Franklin: The Queen of Soul / Tribute Edition exclusively told Radar, “Aretha had a bad reputation for not paying her bills, let alone her taxes.”

Franklin’s family members started listing her properties for sale right away after a lavish funeral fit for an R & B queen that cost a whopping $320,000!

Hours after her death, Radar learned that the late songbird’s partner and sons would fight for her fortune.

Source: Read Full Article