The battle of Prince's estate has finally come to an end, with an even split between his half-siblings and stakes sold to Primary Wave.
After years of legal battles and "who gets what" family drama following the unfortunate 2016 death of pop icon Prince, The Purple One's estate has finally been settled and officially given a multimillion-dollar value to be split between publishing company Primary Wave and his surviving heirs.
According to the Star Tribune, Omarr Baker, the youngest of Prince’s six siblings, sold his entire share of the estate to a New York based company called Primary Wave. The company also acquired 90 percent of sister Tyka Nelson’s stake as well as 100 percent of Alfred Jackson Sr’s share.
MINNEAPOLIS (AP) — A half-brother of the late music superstar Prince has died, leaving five Prince siblings to share in the musician’s fortune. An attorney for Alfred Jackson, Asa Weston, said Friday that the 66-year-old Jackson died Wednesday night or Thursday morning in his home outside of Kansas City, Missouri. He says the cause of […]
CHANHASSEN, MN – Three years after Prince’s untimely death at the age of 57, his sister and heir Sharon Nelson says that the six heirs still have no control of the estate. Because her brother died intestate, or without a will, the estate has been mired in legal issues ever since. A judge recently ruled […]
The representatives for Prince’s estate are possibly making history; they’re asking for less money to do their jobs. According to reports, one reason why is because they are getting along with his family. According to court documents obtained by The Blast, Comerica Bank & Trust filed a petition and proposed order regarding their fees and […]
Prince's estate released a statement.
The University of Minnesota awarded Prince with an honorary degree for his contributions to the music industry and the city of Minneapolis.
An appraiser determined that Prince left behind musical equipment worth over $2.8 million, reports The Blast. According to The Blast, on September 7, the estate filed an inventory of the current assets and property from February 2017 to January 2018. In that time Prince brought in $755,173.41 in royalties, an additional $2.45 million in “other income,” […]
His surviving heirs are fighting back.
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 […]
CHASKA, Minn. (AP) — The Minnesota judge overseeing Prince’s estate will wait for appeals to be exhausted before making a final determination on who will inherit a fortune that could be worth around $200 million, he said at a hearing Thursday. But Carver County District Judge Kevin Eide also made it clear the late superstar’s […]
