Sonny Bono was probably most famous for the song he sang with Cher, his second wife – I Got You Babe. However, he also found success as a songwriter, television star, restaurateur, and politician. When discussing his financial legacy, The Beat Goes On is a more accurate musical reference. Mr. Bono committed a serious celebrity estate planning mistake, leaving the world to wonder who inherited Sonny Bono’s money. Schedule a Complimentary Discovery Call Table of Contents: A Brief Overview of Sonny Bono's Life Who Inherited Sonny Bono’s Money? That Question Remains Unanswered No Matter Who You Are, Estate Planning Makes a Difference Contact Our Palm City Estate Planning Attorney A Brief Overview of Sonny Bono's Life Born in Detroit, Michigan, Salvatore “Sonny” Bono and his family moved to California when Sonny was a young child. Mr. Bono became a songwriter, then moved on to other areas of the entertainment industry. He and Cher co-hosted several popular television shows, although they divorced in the early 1970s. Mr. Bono next attempted to open a restaurant. Frustrated with local government, he decided to make a difference in the community. After serving as the Mayor of Palm Springs, he was elected to the U. S. House of Representatives. Mr. Bono sponsored a bill in Congress – the Sonny Bono Copyright Term Extension Act of 1988. Congress passed the bill several months after Bono died from a skiing accident. At the time of his death, he left behind a wife, Mary, and three children: Chastity (now Chaz) Bono, Chesare Elan Bono, and Christy Bono Fasce. His estate was worth an estimated $2 million, yet he had done no estate planning. His failure to even write a simple Will greatly complicated the situation. Who Inherited Sonny Bono’s Money? That Question Remains Unanswered Since there was no Will, no one was authorized to become the executor of the estate. Mary Bono had to petition to be appointed executor. This increased the estate’s legal costs and likely extended the length of the probate proceeding. Further complications included the appearance of a potential heir (a man named Sean Machu sued, claiming to be Sonny Bono’s “love child”; he later dropped the lawsuit) and disputes among family members. Twenty-five years after Mr. Bono’s accidental death estate-related court battles continue. A comprehensive estate plan probably would have included a Will, a durable power of attorney, an advance directive, and possibly a trust or two. Mr. Bono’s Will would have provided an orderly way to distribute his estate. He might have set up trusts to provide for his three children. Trusts would have provided some privacy to his loved ones. No Matter Who You Are, Estate Planning Makes a Difference It is somewhat unsettling to think about death. However, a little discomfort now could help your family after you’re gone. Do not let “Who inherited Sonny Bono’s money is a question on the lips of many?” become the question haunting your heirs. Contact Our Palm City Estate Planning Attorney Do you question the need for attorney guidance with so many online resources? Because laws and regulations are complex, and because every person has a lot at risk, more people than ever are seeking professional guidance from an experienced, knowledgeable source. That helps explain the rapid growth of our firm. Schedule a Complimentary Discovery Call Whether you happened upon this website by accident or are one of the many referrals we receive from a nearly 15-year collection of satisfied clients, our Palm City estate planning attorney can provide customized estate planning guidance for you from our office in Palm City or Stuart, FL. Click the button above to schedule a consultation or call us at (772) 266-5108 now!
