Professional Athletes Need a Will
The recent tragedy of former Titans quarterback Steve McNair, who was allegedly murdered by his girlfriend last summer should illustrate why all professional athletes need a will.
According to published reports, McNair was an athlete who died without a will. He left an estate of approximately $19 million, and the family members have begun fighting about who is entitled to what monies.
The tragedy of this entire situation speaks for itself. That he died without a will, leaving his family member to engage in a costly legal battle to distribute his estate, just makes this tragedy even more senseless and sad. Any athlete, coach or sports executive should consult an attorney or investment adviser to draft a comprehensive estate plan.
For more information, contact the sports lawyers at Koch & Trushin, P.A.