Swedish DJ Tim Bergling (known professionally as Avicii)was found dead reportedly following his suicide in Muscat, Oman in April this year. He was buried in June in Stockholm.
Tim died intestate therefore as he was not married, nor had any children, according to Swedish law, whatever remains of his financial estate after national and international tax debts would go to his parents. The estate is worth upwards of $25 million.
A musician, DJ, remixer, and record producer Tim started remixing at an early age posting his own remixes on online forums under the name Avicii – a version of avīci, a Buddhist term for hell.
Tim is credited as one of the DJs to introduce electronic dance music (EDM) into Top 40 radio in the early 2010s.
His single “Levels” released in 2011 and debut studio album, True (2013), which peaked in the top ten in more than fifteen countries; “Wake Me Up”, the lead single topped most European charts and reached number four in the United States.
In 2014, Avicii was the third-highest-paid DJ in the world and collaborated with Madonna, Lenny Kravitz, Zac Brown and Coldplay. He also became a brand name, selling items like Avicii condoms at his own pop-up store in Miami.
Tim used his success to promote and bankroll various charities that fed the poor in both Europe and the United States as well as helping to raise awareness, fight the spread of, and increase the care options for those living with HIV and AIDS
In 2012, he was hospitalized for more than a week in New York for acute pancreatitis, partly the result of heavy drinking, which the DJ said was to calm his nerves in social situations. In March 2014, a year after doctors suggested he have his gallbladder removed he finally had the surgery.
Stories, Avicii’s second album was released in 2015 followed by an EP Avīci (01) in 2017. He was nominated for a Grammy Award for his work on “Sunshine” with David Guetta in 2012 and “Levels” in 2013.
In 2016 having suffered stress and poor mental health for several years Avicii retired from touring.
Since his death, Tim’s parents have re-organised his website as a memorial board, and donated his Steinway piano to a Stockholm museum. As they now control Tim’s estate they reportedly are in discussions with Tim’s label as it has been reported an Album of unreleased material was being produced with Nile Rodgers before Tim died. Rodgers revealed in September that he had recorded ten or more tracks with Tim as an Avicii project.
The only way that you can direct your assets after you die is if you create a valid will. Intestacy law directs your estate but not necessarily in a way that would reflect your wishes. You shouldn’t leave your family to deal with managing your intestate estate – that could include protracted legal disputes. Making a will is an important part of planning for your future giving you and your loved ones peace of mind.