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TMZ: Sister Files Legal Docs Saying There's No Will From TMZ:
Prince's sister Tyka has filed legal docs to open a probate case ... and she says as far as she can tell he left no will. UPDATE From St. Paul Pioneer Press:
[Edited 4/26/16 10:45am] | |
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having a will would have been a million times better ... not saying Tyka will mess this up, but things would have been easier & definitely much clearer | |
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I have a very hard time understanding how a businessman with an extensive personal fortune and assets has no will, or formal documentation directing the company(s) he owned. As much as he worked with lawyers, especially since the entire catalog battle. The man was surrounded by laywers. -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-
Still it's nice to know, when our bodies wear out, we can get another -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=- | |
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oh no. This could take years. All you others say Hell Yea!! | |
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How does TMZ keep getting info before anyone else in the world? Who are these people? | |
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SHITSHOW | |
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Like the news of his passing werent bad enough....
Very very disappoinintg to hear this news....ugh The greatest live performer of our times was is and always will be Prince.
Remember there is only one destination and that place is U All of it. Everything. Is U. | |
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Oh Prince... c'mon please let this not be true. How can you not have a will? Then again it doesn't surprise me as this was man that didn't understand why he couldn't have a camel in the middle of winter in Minneapolis.
I personally thought he would gift it all to charity considering all the humantarian work he did. Whatever you heard about me is true
I change the rules and do what I wanna do | |
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What if he did write a will and it's on his laptop, it just hasn't been filed yet officially? I assume it wouldn't be legally binding yet it would be morally wrong to disregard a will even if he hasn't filed it yet. | |
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Damn...... This is not good.. let the circus begin! I refuse to believe he'd not have some plan just in case.... | |
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as i stated earlier.. Londell stated that he thought he'd live forever..As good any attorney maybe, ultimately, its their clients choice on how to move forward | |
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Well, there's his HUGE list of unreleased music and video. - Seems like it's all very unclear for. We'll wait and see. - This can take a long time. But assumptions are always out of tune. So, chill and love, and wait. [Edited 4/26/16 9:19am] "The whole problem with the world is that fools and fanatics are always so certain of themselves. And wiser people so full of doubts" (Bertrand Russell 1872-1972) | |
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Well, my phone is blowing up with alerts from AP and USA Today stating that it is true. No will. | |
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Because Prince was a wacky, eccentric artist (which we love him for) and wacky people do wacky things. Think of all the crazy things he has done throughout the years...saying the internet was over, etc. This is just another one of them.
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by the way,
I think there will be a LOT of artists right now calling their lawyer(s), asking to make up a will :/ Prince sure isn't the only one. But unfortunately the most exposed right now for that matter. "The whole problem with the world is that fools and fanatics are always so certain of themselves. And wiser people so full of doubts" (Bertrand Russell 1872-1972) | |
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touche,, i dont think he cared about it actually,, folsk viewed him as a money hungry artist in here yet from all accounts he is the one great artist who went at great lenghts to not monetize his intellectual property and copyrights | |
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Man, what a nightmare. | |
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Wow, Prince failed to put his affairs in order before he died. I kinda felt that his do-it-yourself approach to all things would prove a gross miscalculation in the end. | |
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In the absence of a wil, who controls his catalog and who controls the vault? I don't think many of us care about what happens to the money and he probably didn't care either. But his legacy is his music. I honestly feel like all of it should be shared to the world for free.
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Stop the Prince Apologists ™ | |
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Just as I thought, Paisley Park is a business entity named Paisley Park Enterprises, Inc. This would suggest that this INCORPORATION would have possession of many assets. Prince is listed as CEO. This is not a Sole Proprietorship or an LLC. A full Incorporation with shares. The will must be in reference to Prince's personal fortune and possessions. Now, Prince probably has controlling interest in the Inc, so that's also going to have to be decided. -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-
Still it's nice to know, when our bodies wear out, we can get another -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=- | |
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Agreed... | |
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Oh there's a will somewhere. He just didn't tell Tyka about it. Because for someone who fought so ferociously to protect his privacy, his image, music and to regain his masters, thete's no way he did think to leave a will with very specific instructions on what would happen to all of that after his demise. He was entirely too much of a control freak for that. I knew from the start that I loved you with all my heart. | |
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Unlike wills and probate court proceedings, such trusts can be kept confidential from the public. If Prince chose this route, it's possible we may never know the true extent of his estate or his plans for it after his death. "Usually, wealthy, organized people or sophisticated celebrities use trusts that are set up while they're alive, to determine (what happens after death) in a confidential way, they're not public documents," says Koznitsky. "They don't want the world to know who their beneficiaries (the heirs) are, or special dispositions, etc." USA today | |
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Very good point, I'd like to think you are right. | |
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Speaking of blood sucking lawyers... I hope this is bullshit... I dare not make it a stand alone post... http://www.startribune.co...377060521/
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Exactly. Prince is the reason most of his own catalog is out of print. | |
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I knew from the start that I loved you with all my heart. | |
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