Aretha Franklin's Estate Needs To Sell Property To Pay Her $5 Million Tax Debt
May 4 2019, Updated 9:48 p.m. ET
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 RadarOnline.com, "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, RadarOnline.com learned that the late songbird's partner and sons would fight for her fortune.
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