Carter's estate reportedly had a debt to Wells Fargo that was paid off. California Franchise Tax Board says it owes over $70K in taxes. Carter was found dead in a bathtub on November 5, 2022Aaron Carter's estate finally has a tentative valuation almost two years after his tragic death.
However, that estimate is likely an undercount, as the documents note that several of Carter's belongings have not yet been appraised. Carter, who released his debut album before he was even a teen, had an estate reportedly worth $757,400, as of April 2023. However, the estate may have extensive debts to pay off; pictured in 2001
The tax board initially said Carter's estate owed around $17,000, but the amount owed was later increased to $77,310.92, though it's unclear what accounts for the discrepancy.TMZ previously reported that Carter wasn't known to have a will at the time of his tragic death. The documents also indicate that there are more of the fallen singer's possession to appraise, including electronics that he kept in storage, along with a collection of firearms, his jewelry, furniture at his home and his vehicles.
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