Prince’s Siblings Hold Estate Summit
Prince’s sister and their five surviving half-siblings came together on Thursday to discuss how to proceed with the division of the late legend’s estate.
The “Purple Rain” icon died at his Paisley Park studios compound in Minnesota on April 21, and it was subsequently revealed he had passed away without a will.
On Wednesday, a judge approved a request by the singer’s sister, Tyka Nelson, to open a probate case, after confirming the superstar had failed to leave instructions regarding his final wishes.
The judge also agreed to appoint executives at the Bremer Trust, National Association, to serve as the official administrators of Prince’s estate for up to six months, until a personal representative could take over the responsibility.
As per state law, the hitmaker’s assets, which TMZ reports is valued at less than $150 million, will be split evenly between his heirs, who have been listed as Tyka Nelson, Alfred Jackson, John Nelson, Norrine Nelson, Sharon Nelson, and Omarr Baker.
They all met in Minnesota on Thursday to address the issue for the first time since the court ruling, and half-brother Jackson, who hadn’t seen Prince in 15 years, admits things went smoothly.
Asked how the meeting went, he told NBC News, “Pretty good, made me feel a lot better.”
His attorney, Frank Wheaton, claims he does not foresee any issues with splitting up the estate, which he believes Prince may have planned for in his own special way.
“Everything was everywhere,” Wheaton said. “I have a theory that perhaps he intended it this way, so he could, in a very unbiased way, share with all of his siblings.”
This week also marked Jackson’s first time stepping inside Prince’s fabled Paisley Park studios, and he was in awe at the compound.
“I knew he built it… with his own hands, so I just wanted to see it,” Jackson explained.
Prince’s cause of death is still under investigation, amid reports suggesting he may have battled a dependency on prescription painkillers. His remains were cremated during a private ceremony last weekend, a day after authorities completed an initial autopsy on his body.