Per TMZ. No will (not surprising). Also Tyka does not get it all. She has to share with half-bros and sisters. Also children of deceased siblings have claim.

These things never go well. Damn shame he didnt stay married or have a kid.

emesem said:

Per TMZ. No will (not surprising). Also Tyka does not get it all. She has to share with half-bros and sisters. Also children of deceased siblings have claim.

These things never go well. Damn shame he didnt stay married or have a kid.

Im just glad he was put to rest not stored somewhere for months like they did James Brown and MJ

Also...his father co-wrote some stuff....

I'm surprised he didn't have more sophisicated estate planning.

I really don't care who gets the money. But, how the music is going to be controlled is obviously of the utmost importance. Would love to see a knowledgeable and passionate person carefully curate his catalog and vault resulting in quality postumous releases. On the other hand, maybe we won't see anything. Which is actually fine in light of what he's already given us.

emesem said:

Per TMZ. No will (not surprising). Also Tyka does not get it all. She has to share with half-bros and sisters. Also children of deceased siblings have claim.

These things never go well. Damn shame he didnt stay married or have a kid.

People on the org don´t like Manuela Testolini very much and call her all kinds of things but, as far as Prince´s music goes, I think that she, as a former fan, really knew a lot about it and cherished it.

I still believe that the celebrations at Paisley and some of the song choices during the ONA tour had a lot to do with her.

I highly doubt she´s ever going to be involved in any estate related work but..when you mentioned a wife in the context of inheriting his archive, she probably would have known how to handle things. Seemed like a smart and educated woman to me.

I just cannot imagine Prince not having a will...When he was with Mayte that seemed like the most logical time he would have made one. Obviously it would have been changed after he divorced Mayte and then Mani..Heaven forbid anything happened to him in back then, but would he have risked having a bunch of lawyers and vultures trying to get as much money as they could? Anyone have any ideas on why he would not have a will?

PurpleColossus said:

I just cannot imagine Prince not having a will...When he was with Mayte that seemed like the most logical time he would have made one. Obviously it would have been changed after he divorced Mayte and then Mani..Heaven forbid anything happened to him in back then, but would he have risked having a bunch of lawyers and vultures trying to get as much money as they could? Anyone have any ideas on why he would not have a will?

No idea.

But...considering that he claimed to be celibate and single, and did not have that many people around him other than the usual entourage, who do you think would benefit from a will ?

KoolEaze said:

PurpleColossus said:

I just cannot imagine Prince not having a will...When he was with Mayte that seemed like the most logical time he would have made one. Obviously it would have been changed after he divorced Mayte and then Mani..Heaven forbid anything happened to him in back then, but would he have risked having a bunch of lawyers and vultures trying to get as much money as they could? Anyone have any ideas on why he would not have a will?

No idea.

But...considering that he claimed to be celibate and single, and did not have that many people around him other than the usual entourage, who do you think would benefit from a will ?

.

Well, he could have put in the will who he wanted to be the executors to run his estate, preferably very business savy indivduals. The will would give us clarity on what happens with everything, who gets what, what he wants with his music, does he want any of the money to charity..etc. If there is no will it might become a real chaotic mess

SoulAlive said:

I really wish that Prince had been married to a loving,loyal,supportive wife at the time of his death....and maybe a few (adopted?) children too.Seems like he needed a strong family,especially during these last few years.It also would have been better to have his own family (wife and children) in charge of his estate right now.

One of the things I've been crying about the most. I bet he would've been a great dad. He basically died alone.

Will OR no will, Tyka Nelson should be the only true heir in line for everything that Prince owned. My professional & personal opinion of course.

I say that because she is the only remaining member of the immediate family of Mattie & John L. Nelson, biological parents of Prince & Tyka, that is still alive. If Prince did not have any children, who else is left but a suriving sibling?

KoolEaze said:

Linn4days said:

Also...his father co-wrote some stuff....

Well, he's dead, and anything he had would naturally fall to a spouse (who is now deceased), and then the children. So it falls back to Prince anyway.

.

Regarding Tyka, she is the blood sibling, but he does have half-siblings, that could stand to inherit a smaller portion of something. THere's like 7 or 8 of them, ain't there? Anyone ever figure out who all these folks were, anyway? Just out of curiousity? Duane is the only other one I've ever been aware of.

.

PS Tyka's son President (Pres) is grown.

TrivialPursuit said:

WordOnTheStreet said:

Per MN law, everything goes to his full sister. His half brothers and sisters are not entitled to anything. Now that could lead to legal action by other family members for sure, but hopefully not. I find it incredibly hard to believe that there was no will though.

Not exactly. According to Minnesota Statute 524.2-107 (https://www.revisor.mn.gov/statutes/?id=524.2-107), "Relatives of the half blood inherit the same share they would inherit if they were of the whole blood." So his half brothers & sisters are each entitled to the same share that Tyka is.

I patiently await the news of a will, and if there isn't a will. I will personally file my own will. How many of you orgers have a will?

Mind you, we would assume he had a will because he was this massive star, but we all know what happens when we assume don't we?

As far as a marriage is concerned and in the case of inheriting an estate--if a relationship is not right for 2 then it just won't last, at least not in this day and age. Having a wife around won't necessarily guarantee any better handling of one's assets and creations, either. Gee I hope I'm not sounding too cranky.

>

For a guy who has incorporated lawyers as thoroughly as he has in his affairs--I don't think there is another musician on the PLANET who has used them as extensively--I imagine that he has trusts and investments set up all over the place that would render a will as a less desirable distribution option. Besides, I've heard that a will is a public-accessible document and if that's the case I wouldn't believe that our private Prince would have wished to submit his business to a public display similar to his second go-round with a Warner Bros. Records contract--the one with the "$100 million advance payout." That nonsense was trumpeted throughout the media and I'm sure it was embarrassing and troublesome enough for him to have learned that such noteriety doesn't benefit anyone too much. However things shake out, I hope for the sake of his family and broader interests that he's taken care of his estate business.

>

I think It'd be nice if Paisley Park would continue to function as a studio/production facility, and have some museum/fan-based element developed around it. That would be great for the community and fans.

>

I'd certainly be happy to eventually see commercial access to at least some of his yet-unpublished creations. We will see how that situation unwraps.

Germanegro said:

As far as a marriage is concerned and in the case of inheriting an estate--if a relationship is not right for 2 then it just won't last, at least not in this day and age. Having a wife around won't necessarily guarantee any better handling of one's assets and creations, either. Gee I hope I'm not sounding too cranky.

>

For a guy who has incorporated lawyers as thoroughly as he has in his affairs--I don't think there is another musician on the PLANET who has used them as extensively--I imagine that he has trusts and investments set up all over the place that would render a will as a less desirable distribution option. Besides, I've heard that a will is a public-accessible document and if that's the case I wouldn't believe that our private Prince would have wished to submit his business to a public display similar to his second go-round with a Warner Bros. Records contract--the one with the "$100 million advance payout." That nonsense was trumpeted throughout the media and I'm sure it was embarrassing and troublesome enough for him to have learned that such noteriety doesn't benefit anyone too much. However things shake out, I hope for the sake of his family and broader interests that he's taken care of his estate business.

I hope you are right. Hopefully he had trusts set up that would keep most of his assets out of the public eye and the probate process. However, it would be strange to go through with setting up a trust and then not even having a one-line will directing his leftover assets into that trust. There really wouldn't be a privacy concern in that case.

luv2tha99s said:

TrivialPursuit said:

Well, he's dead, and anything he had would naturally fall to a spouse (who is now deceased), and then the children. So it falls back to Prince anyway.

.

Regarding Tyka, she is the blood sibling, but he does have half-siblings, that could stand to inherit a smaller portion of something. THere's like 7 or 8 of them, ain't there? Anyone ever figure out who all these folks were, anyway? Just out of curiousity? Duane is the only other one I've ever been aware of.

.

PS Tyka's son President (Pres) is grown.

Both of his former spouses are still alive what are you talking about?

Former.

It is very silly of Prince to state what he wanted to happen after his death. He mentioned his legacy and passing his masters down. This was on his mind for years, yet no will? Strange.

Even on the View he said somebody will release the music in the vault, but he does not know if it would be him, I.E after death.

KoolEaze said:

emesem said:

Per TMZ. No will (not surprising). Also Tyka does not get it all. She has to share with half-bros and sisters. Also children of deceased siblings have claim.

These things never go well. Damn shame he didnt stay married or have a kid.

People on the org don´t like Manuela Testolini very much and call her all kinds of things but, as far as Prince´s music goes, I think that she, as a former fan, really knew a lot about it and cherished it.

I still believe that the celebrations at Paisley and some of the song choices during the ONA tour had a lot to do with her.

I highly doubt she´s ever going to be involved in any estate related work but..when you mentioned a wife in the context of inheriting his archive, she probably would have known how to handle things. Seemed like a smart and educated woman to me.

mitchturb said:

endiadj said:

SoulAlive said:

I really wish that Prince had been married to a loving,loyal,supportive wife at the time of his death....and maybe a few (adopted?) children too.Seems like he needed a strong family,especially during these last few years.It also would have been better to have his own family (wife and children) in charge of his estate right now.

One of the things I've been crying about the most. I bet he would've been a great dad. He basically died alone.

WAY BACK HOME... AOA - album

sometimes you hear lyrics and wonder?

Im still hoping one comes up. Prince was too good about his business, wanting to own his masters, etc. Why would you put so much effort in that when he has to know he can't take it with him? Yeah, he probably thought he would live longer but who knows when their time is up in this life, can be struck by a car or plane crash if not illness. When you have that much money, you have to have a will.

On the other hand, maybe its best as Im sure he would probably give everything to his church, altho if that is what he wanted who could fault him. I doubt his siblings would have seen any and maybe they don't deserve to, weren't very close. He probably would have wanted the vault destroyed.

Hoping this doesn't end as messy as James Brown's estate.

SoulAlive said:

keenly said: