Even the
cancer that was overtaking his body could not convince reggae pioneer Bob
Marley to write a will. Marley's Rastafarian faith prohibited a belief in
death. Creating a last will and testament simply wasn't an option. Marley's concern
for his wife and children drove him to ask his attorney about the consequences
of dying without a will. He was told, essentially, that "everything's gonna be
all right."
Not so.
Bitter legal battles and family feuds erupted after the reggae star's death on May
11, 1981. Under Jamaican law, Marley's widow, Rita, was entitled to 10% of her
husband's $30 million estate and held a life estate in another 45%. Marley's
11 children (4 by his wife and 8 by other women) were entitled to equal shares
in the other 45% as well as a remainder interest in Rita's life estate.
| Forbes Magazine estimated Marley’s posthumous earnings at $9 million just between September 2002 and September 2003. His music catalog alone is worth about $100 million. That’s not bad for someone who has been dead for over twenty years. |
Simple,
right? Predictably, this clear cut law was muddled by personal relationships,
attorneys, and accountants.
The
family was immediately concerned after learning the absence of a will meant
they had no rights to Bob's name or likeness. In response, Rita borrowed money
and sued the estate. Millions of dollars later, she was rewarded with the
decision that the family was entitled to Marley's name and likeness.
On the
personal front, Marley's widow and his mother, Cedella Booker, went their
separate ways. The two have since reconciled, but at one point, Booker
asserted Rita's heart was black. Outside of the family, Marley's long-term
bandmate, Aston "Family Man" Barrett, sought royalties from his time with Marley's
Wailers.
The
estate's most famous brush with the courts came in 1986. The estate
administrator, Mutual Security Merchant Bank and Trust Company, sued Marley's
attorney and accountant. Mutual Security accused Marley's advisors (and Rita)
of diverting estate assets and royalties into their own bank accounts via
international corporations. Rita was accused of forging Marley's signature on
documents that supposedly transferred some of his interests to her before he
died, which excluded them from estate property.
All of
the legal wrangling hasn't tainted the mystique surrounding Bob Marley. As his
first greatest hits album proves, he is a legend. His popularity grows as each
new generation meets him through his music. Clothing and accessories abound on
the market. His songs are continually featured in films and commercials.
Forbes Magazine estimated Marley's posthumous earnings at $9 million just between
September 2002 and September 2003. That's not bad for someone who has been
dead for over twenty years. His music catalog alone is worth about $100
million.
A lot of
clams, for sure, but imagine what the Marley fortune would be if it hadn't been
for all the legal fees.
No will,
no cry? Quite the contrary.