Court appoints bank as executor after singer Prince died without a will
A court in Minnesota has declared that the musician Prince had no known will and has moved to appoint an executor.
The singer was responsible for a litany of hits including 1999, Purple Rain, When Doves Cry, Kiss and thirty-seven other UK top 40 hits as a performer as well as dozens of other song writing and production credits (including writing the Sinead O’Connor smash Nothing Compares 2 U).
However according to courts in his home state of Minnesota in the US, the 57 year old left no will. The singer’s estate which includes his $10 million Paisley Park estate is thought to be worth close to $300 million. But incoming song writing royalties plus rights to the singer’s much documented vault of unreleased music could be worth much more, with estimates as high as $500,000 being made. Since his death was announced, half a million more Prince albums albums have been sold worldwide.
Prince Rogers Nelson, as he was born, was married and divorced twice, and both of his parents have passed away. However his sister Tyka Nelson listed herself and five other siblings and half siblings, who will all be in line to benefit as according to Minnesota’s intestate succession rules,“half” relatives inherit as if they were “whole”.
The rules of intestate succession in Minnesota are below.