Judge Decides Who Will Inherit Prince’s Estate
It’s been over a year since Prince’s untimely death, and many have wondered what will happen to his $200 million dollar estate.
A judge has finally ruled that Prince’s six siblings are the rightful heirs to his estate. His sister, Tyka Nelson, and his five half-siblings, Omarr Baker, Alfred Jackson, Sharon Nelson, Norrine Nelson and John R. Nelson, are all listed in court documents.
This doesn’t mean that the inheritance is immediately split between the siblings equally; it’s just the first step in the legal process where people who claim to be related to Prince have a year to appeal the court’s decision. More than 45 people have already had their claims rejected by the court, including a woman claiming to have secretly wed the Purple One years ago in Vegas and a convict in Colorado claiming to be his son.
This new ruling will also help decide what is to become of all of the unreleased music in his vault at Paisley Park.
There is another hearing scheduled by the same judge to hear a proposal to rescind a $30 million dollar contract between the late artist and Universal. Prince has long battled against music labels and it seems the fight has continued even after his death.
Prince died April 21, 2016, of an accidental overdose of fentanyl, a synthetic opioid drug. His home, Paisley Park, has now been turned into a concert venue and museum.
Paisley Park #History: Minnesotans got their first glimpse of Paisley Park in this April 25, 1987 newspaper clipping from the @startribune writer Jon Bream, who covered Prince extensively throughout his career. This early photograph shows the building’s atrium, with the doors being installed on the kitchenette and dining area. “He built it as a production tool for himself and as a tool for the whole city and the whole area,” said Paisley Park’s first general manager Richard “Hawkeye” Henriksen. “He wanted to add something back to the area.” (Photo credit: Brian Peterson) #Prince #PaisleyPark #MPLS #Chanhassen