Elizabeth Taylor close to death

]Hollywood legend Elizabeth Taylor is reportedly on the brink of death after her heart began to fail. Sources say the Oscar winner, 74, is bedridden in her Bel Air, California home.

After learning her health is deteriorating, Taylor reportedly cancelled her annual Easter party and has begun planning her funeral--she is expected to be buried next to her former husband Richard Burton in Switzerland. A friend says, "Liz is inching closer to death every day and she knows it. It is not a pretty picture. She's not leaving a lot of money to her children. She wants the bulk of her fortune to go to AIDS research."