Who Will Inherit Chester Bennington’s $30 Million Estate?

On July 20, 2017, CNBC reported that Chester Bennington, the renowned singer for Linkin Park, has allegedly committed suicide. He was found dead in his house in Los Angeles, California. Bennington leaves behind a wife and six children. Did he have an estate plan in place? Who will inherit his wealth? Who will inherit rights to his beloved music? Did he have a will? If he did not have a will, who will inherit his fortune? What are intestacy laws? What should probate lawyers know about dying intestate?

The media reveals that Bennington’s net worth when he passed away was about $30 million. Hollywood Take reports that Linkin Park sold 70 million albums and earned nearly $5.1 million in 2012. Linkin Park invested some of their profits to start Machine Shop Ventures, a venture capital firm. Machine Shop Ventures was an early investor in Lyft, which has obviously become a tremendous success. To read the entire article, click here.