Welcome to Life’s Third Act, where Attorney/CPA Joe Cordell and researcher Marlea Parson dissect the estate of Pablo Picasso. In Part 1, they unravel the saga following Picasso’s 1973 demise.

When Picasso died at age 91, he passed without a will. His estate, valued at $250 million in 1980, triggered a six-year legal battle among heirs. Mr. Cordell and Ms. Parson explore the legal battles of 1973-1979, involving contentions over licensing rights, and strategic moves like selling naming rights. They also discuss the internal family disputes that persisted even after a legal settlement in 1989.

Despite a tumultuous estate division, Picasso’s brand thrives, and his heirs prospered in emerging markets. Join Joe Cordell and Marlea Parson as they guide you through Picasso’s life, death, and the intricate journey of managing his prolific legacy. Stay tuned for Part 2, where they unravel more layers of Picasso’s enduring impact on the art world and beyond.

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