Judge To Hold Hearing Today Regarding Prince’s $300 Million Estate

Posted on Mon Jun 27th, 2016 7:00am PDT       By X17 Staff

A Minnesota judge is holding a hearing today to help move forward with divvying up Prince’s estate, which is worth nearly $300 million.

Bremer Trust has been managing Prince’s estate until the family can come to a legal agreement over how things will be divided. Prince has one sister, Tyka Nelson, and several half-siblings: John Nelson, Norrine Nelson, Sharon Nelson, Alfred Jackson and Omarr Baker.

Per Minnesota law, Prince’s children and parents would be the first family members entitled to his estate, but since he never had kids and his parents are deceased, his siblings would be next in line.

Prince was pronounced dead after being found unresponsive in an elevator at his Paisley Park home in Chanhassen, Minnesota at the age of 57. Earlier this month it was reported that the legendary singer died of an opioid overdose, though the official results of his autopsy have yet to be made public.

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