Coolio died without a will, 7 kids to inherit $300K estate

[TheDarceKnight]

It's so important to have a will. I get why people don't wanna do that stuff but fukk...it's so much easier on your loved ones if you handle it.

 

[zayk35]

I'm not really surprised that he had so little. That big song is over 27 yrs old. He hadn't really done anything of note since then. Plus Stevie probably taxed the shyt out of him for that song

 

[King Sun]

I'm not really surprised that he had so little. That big song is over 27 yrs old. He hadn't really done anything of note since then. Plus Stevie probably taxed the shyt out of him for that song

Nah coolio in perfect world should have been a millionaire. Think about how many times his music was used in commercials and ads and they don't get royalties from.

 

[xiceman191]

7 kids. Thats less than $40k each

$42,857.14 per kid

 

[MikelArteta]

he should have at least a million dollar life insurance policy

 

[OJ Simpsom]

$42,857.14 per kid

After taxes

 

[valet]

It's so important to have a will. I get why people don't wanna do that stuff but fukk...it's so much easier on your loved ones if you handle it.

Also keeping that will updated. My parents had a will but me and sis just got his 401k a couple of weeks ago. Because it wasn't updated. Took a year in probate.

 

[get these nets]

He raised and supported 7 children, possibly multiple mothers, and family members since he blew up with Gangster's Paradise in the 1990s.

Like all performers, he took a personal hit during the pandemic when he couldn't go out and earn money for years.

The amount of the estate sounds low, but actually not as bad as it sounds.

 

[Hiphoplives4eva]

Jews ate off this dude crazy

 

[MajesticLion]

The middlemen raided that cupboard comprehensively.

 

[BunchePark]

Coolio a legend RIP

"put a condom in they hand and hope it don't bust

Another victim of the lust, in God we trust!

What started off as a plan ended up in the plot

Water can't cool it off cause it's too damn hot"


he made his mark my nikka

we can't pocket watch a dead man y'all know these crackers and they business model is foul

don't do that

 

[Ku$h Parker]

You can bullshyt with rap if you want

What was DMX's shyt looked like?cause I think he also didnt have a Will plus multiple Kids and he had hella Plats plus Movies
Edit:X's biggest Hits arent Sample Heavy too(RR Anthem & Party Up)

 

[JoelB]

7 kids. Thats less than $40k each

It's going through probate which likely will be contested. The attorney fee's will eat through alot of this as well.

Folks gotta have some sort of will or Trust in play, even if you only got a few dollars. Its inexpensive to setup

 

[get these nets]

His children share his publishing rights and future royalties, so it's worth a lot more than whatever amount they get when things are settled next year.

 

[Will Ross]

Nah coolio in perfect world should have been a millionaire. Think about how many times his music was used in commercials and ads and they don't get royalties from.

He should have been a millionaire no way should he only have 300k estate he probably did not even own a house