Big Meech Wife Dies; Husband Inherits Million-Dollar Home

Big Meech Wife Dies Like most people, you probably think of Biggie Smalls when you hear Meech Wafford. The rapper and songwriter were shot and killed in Los Angeles in 1997, leaving behind a wife and two children. Fast forward to 2017, and Wafford’s death has finally resulted in a windfall for his family. According to TMZ, Meech Wafford’s widow—whose real name is Michela Wallace— died earlier this year, leaving him with a $2 million home in the Coachella Valley. This story is yet another testament to the power of estate planning. If you or someone you know is facing a similar situation, it’s essential to seek legal help as soon as possible so that your assets will be transferred to you and your loved ones without any complications.

Sheila Meacham, wife of Big Meech and the woman who inherited his million-dollar home, dies

Sheila Meacham, the devoted wife of Big Meech and the woman who inherited his million-dollar home after he died in 2009, has passed away at the age of 77.

Meacham met her husband, then 39-year-old Big Meech, when she was just 16 years old, and he was already a successful car salesman. The two married in 1966 and had three children together before Meech’s death in 2009.

Following her husband’s death, Meacham was officially given ownership of his million-dollar home – as well as all of his possessions – by the court. Since then, she has used it to help support several charities and organizations she cares about.

After Sheila’s death, her husband inherits her home.

After Sheila’s death, her husband inherits her home. The house is a million-dollar property that is now in his name. He can make changes to the exterior and interior of the home as he pleases.

The property is worth an estimated $2.4 million.

According to the Douglas County Assessor’s Office, the Big Meech Wife’s house is worth an estimated $2.4 million. The property includes five bedrooms, four bathrooms, three living rooms, a kitchen and dining room, and a pool. The husband will now enjoy his large home without worrying about running out of money.

What to do with a million-dollar home

If you inherit a million-dollar home from a loved one, there are a few things to do to ensure you get the most out of the property:

  1. Ensure all your debts are paid off in full. This includes any mortgages, loan payments, or other responsibilities associated with the home.
  2. Ensure you have home insurance and that it is up-to-date.
  3. Appoint an estate planning attorney to help structure and execute your will and other essential documents.

How to avoid probate when your spouse dies

If you are the spouse of a person who dies and has not previousl . been through probate, your property will go through probate. Probate is the process by which a court determines an individual’s legal heir. Generally speaking, probate is requir if there is more. than one heir and they cannot agree on who should get the estate. Depending on the size of the estate, probate can take months or even years to complete.
 
One way to avoid probate is to ensure that all your assets are transferr into a revocable. trust before your spouse’s death. A revocable trust is a type of trust that allows you to change or revoke its terms at any time. This means that if something happens after your spouse dies that requir. you to transfer assets into a trust, you can do so without going through probate.
 
Another way to avoid probate is to ensure that all your assets are transfer. into a marital estate plan (MEP) before your spouse’s death. An MEP is a type of estate plan in which spouses contribute assets to the project before the end. This preserves their ownership rights over those assets and avoids. having them go through probate.
 
If you find yourself in this situation and want to avoid going. through the hassle of probate speak with your attorney. about the options available to you.

Conclusion

The Big Meech Wife Dies Husband Inherits Million-Dollar. Home Big news in the Big Meech household this week. the wife has passed away, leaving her husband with a million-dollar home. – back in 2001, someone won the Mega Millions jackpot and died only two months later. It’s not clear if this is a coincidence or something to do with how lucky . some people are but it’s an exciting story you don’t see every day.

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