MINNEAPOLIS (AP) — The Minnesota judge overseeing Prince’s estate has ruled that Comerica Bank and Trust will take over running the estate, according to a court order made public Tuesday.
In his order, dated last Thursday, Carver County District Judge Kevin Eide said Comerica will be named corporate personal representative of the estate, taking over duties from temporary special administrator Bremer Trust. The handover will happen at the end of the month.
Eide also denied a request to appoint a “co-personal representative” to act as a go-between Prince’s siblings and Comerica. Eide said the siblings could not agree on who should be appointed to this role, and adding another divisive element would be more expensive and delay the proceedings. Van Jones who worked with Prince on his philanthropic projects and Londell McMillan, his former lawyer, were both vying to be in that role.
McMillan has already been named, along with longtime music executive Charles Koppelman as advisors to the estate and have closed several music deals in that role. Prince’s four older half-siblings favored McMillan to oversee the estate, Prince’s sister, Tyka Nelson and brother, Omarr Baker, wanted Jones.
Van Jones testifies about his work with Prince: