Any money left behind by Prince may be split among his six siblings by default.
According to TMZ, it appears the musician died without a will in place, leaving his siblings, half-siblings and children of his deceased siblings in line to receive a piece of the pie:
Multiple sources who have worked with Prince as recently as 2014 tell us … he did not have a will. Of course it’s possible in the last year or so Prince had a change of heart and drafted one, but all of our sources say based on his history with them that’s highly unlikely.
Our sources say various professionals raised the issue of a will with Prince but he never had an interest in drafting one.
We’ve contacted various people, including family members, and they all say they have not seen a will and so far no one has come forward with one.
If Prince did indeed die without a will, under Minnesota law his siblings — the closest living relatives — would share equally in his estate. Prince had 8 brothers and sisters, and only Tyka was a full sibling.
People have assumed Tyka — who has taken the reins — would get everything, but that’s not the case. In Minnesota half siblings and full siblings are treated exactly the same when it comes to inheritance without a will … they all share equally.
Two of Prince’s siblings are dead, leaving 6. There’s one catch. If the deceased siblings had kids, they would be entitled to the same share as their parent.
As we reported … our sources say Prince’s estate is worth somewhere south of $150 million.
15 Famous Folks Who Died Without a Will
1. Nate Dogg1 of 14
2. Barry White2 of 14
3. Amy Winehouse3 of 14
4. James Brown4 of 14
5. Bob Marley5 of 14
6. Steve McNair6 of 14
7. Jimi Hendrix7 of 14
8. DJ AM8 of 14
9. Dr. Martin Luther King9 of 14
10. Billie Holiday10 of 14
11. Marvin Gaye11 of 14
12. Howard Hughes12 of 14
13. Sam Cooke13 of 14
14. Abe Lincoln14 of 14
(Photo Source: AP)