One might think that having an estimated $300 million estate, and having a tremendous passion for his work, that Prince would have had an estate plan. Seemingly, someone who polices YouTube making sure his music wasn't being viewed there (as it is reported that he did), would have a vast estate plan with instructions for how his wealth was to be distributed when he died.

But he didn't.

It's actually a lesson we can all learn from. So says Battle Creek estate planning and elder law attorney Stacey Lott. Hear what she had to say last week on The Richard Piet Show by clicking the link below (also hear her on the second Tuesday of each month at 8:44 a.m. on "Ask the Expert.")

Hear The Richard Piet Show weekday mornings from 5:30-9 on WBCK.