wouldntulove2loveme said:

PurpleMusic07 said:

mailaccount63 said: Prince had all of the 80s (lets start counting post Purple Rain). Prince had all of the 90s. He had a good portion of the 2gs. I love him and his work, but Im not making any excuses for that kind of oversight. You dont wait until shit hits the fan to work on a will, not when youre that well off. Not when you have so much at stake in valuable assets. he fucked up big time. Someone who fought so much for control in all areas professionally, yet doesnt have a will. Maybe the future of his estate was not important to him. Alright I can accept that. it doesnt completely make sense, but I can accept it.

Precisely. I love Prince as well but he had a good 30 years to work this out. I'm 37 and I took care of this before I even graduated from college in my early 20s when I could ill afford to. Even if he didn't personally care about his estate or his music / legacy, if he had any concern for his family and those who end up managing the details he would have left a will. Simply put, it's the caring thing to do.

Someone mentioned to me the other day that someone could be withholding the will until the cause of death is determed and a Death certificate provided. They seem to think this is standard protocol. Thoughts?

GirlBrother said:

nursev said:

Well...glad she is focused enough to do it

I guess some people deal with their grief by issuing takedown notices to 15 second Instagram clips, organising memorials without inviting the deceased's whole family, and eating Flamin' Hot Cheetos.

Damn....too cold

Has there been any mention of the Bremner Trust of opening the Vault to see if there is a Will??

http://nerdist.com/our-favorite-items-rumored-to-be-in-princes-vault/

Do people not understand what probate is? There is an open and ongoing court case in process. Bremer Trust has to prepare a report for the presiding judge as temporary administrators.

Wouldn't that mean that an inventory needs to be done and most operations would likely be halted pending completion of the report and a ruling?

GirlBrother said:

nursev said:

Well...glad she is focused enough to do it

I guess some people deal with their grief by issuing takedown notices to 15 second Instagram clips, organising memorials without inviting the deceased's whole family, and eating Flamin' Hot Cheetos.

LMAO. It's funny cuz it's true!

If it were me I would be writing that email address. Isn't this similar to the Little Red Corvette/YouTube case previously that Prince lost?

GirlBrother said:

Well, it seems that Tyka is carrying-on the family tradition. https://www.instagram.com...KjJVHsm6n/ [img:$uid]http://i.imgur.com/7r6pOli.jpeg[/img:$uid]

It's weird... I mean she may inherit a portion of his assets but this was a business entity. Can she just step in and run things, etc...

gigilamorosa said:

mtlfan said:

Dude, Prince had a giant estate, with tons of assets to sort through. So what's the first thing Bremer Trust does? They drill open a climate-controlled vault filled with precious artifacts prone to deterioration.

The reports of the vault being drilled open were false - one of the siblings has said that it didn't happen.

The report of that that I found was on CNN, and it was Alfred's attorney who said he didn't believe the vault had been drilled open. He didn't know either, he just didn't believe it. So, it read like nothing more than talk to me. That was on May 2nd.

RiotPaisley said:

I agree. I'd think Bremer Trust knows more about what they are doing. He didn't not leave instructions. I suppose Bremer would at worst drill the door out and get a replacement put on that they have a code to. It's not raiders of the lost arc. The tapes won't melt. I have a feeling Prince digitized everything anyway. 3 vaults? Main vault and two back ups. At least. Trust and believe, people stand to get paid off this. They aren't going to be popping champagne bottles all over the equipment.

If the rumors were true, they were planning to digitize the vault a couple of years ago but Prince got cold feet and called it off.

ERINAMONDO said:

Someone mentioned to me the other day that someone could be withholding the will until the cause of death is determed and a Death certificate provided. They seem to think this is standard protocol. Thoughts?

I've seen that statement on a lot of threads. It's largely nonsense. I mean, sure, somebody could be withholding the will. And if they're an attorney they could be disciplined for it too. Whoever they might be, if something is done against the instructions in the will because they are refusing to come forth, they could be made liable to the heirs for any loss that results from their withholding.

Frankly, I'm glad there are some responsible adults in charge at the moment.

jtfolden said:

I understand it's not the first time Tyka works on the takedown front. She did it in the past as part of his Kopyright Kops unit.

These guys have a job to do. Stuff has to be opened and looked at. There's massive amounts of stuff these guys are going to have to sift through and decisions to be made whether some tenderhearted posters here like it or not.

DJ2Sad said:

mailaccount63 said:

Personally I can understand why they cancelled the event. All those different people in Prince's home/studio, you cant really monitor everyone, things could go missing, people could take something for a keepsake, etc

xRachx said:

Personally I can understand why they cancelled the event. All those different people in Prince's home/studio, you cant really monitor everyone, things could go missing, people could take something for a keepsake, etc

You're absolutely right. And then the refrain would be, oh how could they let all those people into Paisley when everything wasn't accounted yet, blah blah blah. Bremer knows what they're doing. Prince shoulda left a will.

GirlBrother said:

jtfolden said:

It's weird... I mean she may inherit a portion of his assets but this was a business entity. Can she just step in and run things, etc...

In all seriousness, I wondered the same thing. I doubt she's sat on a laptop while in court, scouring the internet for clips featuring Prince music. It'll be an automated bot. It's just odd that her name is now listed. Odd that she has an official email address already.

Yes, that is the part that I think is the weirdest... that she has an email address and is acting as the "face" of this activity.

PurpleMusic07 said:

mailaccount63 said:

Do YOU, dear reader, have a Will?

Nope. I dont have much to will a way or an estate that would need to be settled. Nor do i have specific wishes for things that should be die when i die. However, I certainly intend on drawing one up should I become a homeowner or gain some other kind of valuable assets in life.

That is a common misconception. The Will isn't for you - it is for your loved ones. Do you have life insurance? Why?? You need a Will for the same reasons - it doesn't matter how much you own. It also helps in the area of settling debts.

(This is not legal advice. This is based on my current knowledge, information, belief, and experience. This was intended as personal opinion, and not intended to be used as legal advice.)

[Edited 5/25/16 12:45pm]

I guess I have to Google Mixed Blood charity.



No clue.

babynoz said:

Do people not understand what probate is? There is an open and ongoing court case in process. Bremer Trust has to prepare a report for the presiding judge as temporary administrators.

Wouldn't that mean that an inventory needs to be done and most operations would likely be halted pending completion of the report and a ruling?

Yes, an itemized Inventory needs to be done and filed with the Court. Please see the thread entitled: "The Estate".

xRachx said:

Personally I can understand why they cancelled the event. All those different people in Prince's home/studio, you cant really monitor everyone, things could go missing, people could take something for a keepsake, etc

Exactly.

xRachx said:

Personally I can understand why they cancelled the event. All those different people in Prince's home/studio, you cant really monitor everyone, things could go missing, people could take something for a keepsake, etc

Exactly. (Oops, my apologies for the duplication.)

[Edited 5/25/16 13:22pm]

rap said:

Has there been any mention of the Bremner Trust of opening the Vault to see if there is a Will??

They will continue looking for a Will as they do the Inventory of the Vault.

Please see the thread: "The Estate".

unknowncheese said:

These guys have a job to do. Stuff has to be opened and looked at. There's massive amounts of stuff these guys are going to have to sift through and decisions to be made whether some tenderhearted posters here like it or not.

Exactly.

Ok, read the article. They sound bratty. Yes, they are severly inconvienced, and have a right to be disappointed but things do have to be done properly even if it interfers with life's plan.. Heck it looks like another organization also had a planned event there and they aren't yelling about being the last group to honor Prince at PP. Saying it will never be forgiven is taking it a step too far. And I'm bored now.

Well, it's a good thing they're in charge.