ISaidLifeIsJustAGame said:

laurarichardson said:

ISaidLifeIsJustAGame said:

I read an article that said Prince changed attorneys almost yearly. I also read a statement by one of those attorneys and he begged Prince to prepare an Estate Plan and/or Will, something, anything and Prince refused to do so.

If an Estate Plan, Trust or Will was made surely an attorney would have come forward by now, indicating he/she prepared one, and that they have a copy. Each state has their own requirements/rules for attorneys, and the state I live in requires we keep a client's file for a minimum of 7 years. I do wills and I have never destroyed copies of wills (I keep them forever in strorage). Prince hired high falutin attorneys, surely they would have kept a copy of any documents prepared for Prince.

I know someone mentioned above that Bremer Trust said they found correspondence about a will? I cant find that statement anywhere. I have read the exact opposite. Bremer Trust said they have looked in every box, drawer, nook and cranny and have not been able to find one.

I have several theories as to why Prince didnt draft a will......1) he didnt want to sign a contract; 2)for some reason peeps think it is bad luck to draft a will, or he thought he was going to live for many more years, and would draft one later; 3) Prince wanted to have the last laugh and let the vultures tear each other up because it wouldnt matter to him any longer after death; or 4) he knew there was the possibility he had a child(ren) and wanted them to come forward and take the proceeds of the estate instead of siblings.

Even if there was a will it would probably be contested. For example, what if he made one while married to Mani and he left everything to her? HA!

There is no will.....

[Edited 7/12/16 17:48pm]

--- I think he may have put money in trust. Someone correct me but I believe Trust do not have go thru probate and you can put in clauses to shut people up about it.

You are correct. Trust are not put in probate. And yes, you can put a lot of clauses in a Trust.

ISaidLifeIsJustAGame said:

I know someone mentioned above that Bremer Trust said they found correspondence about a will? I cant find that statement anywhere. I have read the exact opposite. Bremer Trust said they have looked in every box, drawer, nook and cranny and have not been able to find one.

There were reports about the June 27 hearing that said Bremer Trust had informed the judge that they had yet to find a will and did not believe Prince had prepared one, although they had seen correspondence to the contrary.

The reporting was a bit convoluted, however, and could be read to indicate that they had seen correspondence indicating that Prince had declined to prepare a will.

I posted a link to the article earlier in this thread.

mailaccount63 said:

FlyOnTheWall said:

WHEN will the monetizing begin? On what are the estate managers waiting?

Why do you think they are "waiting"? It is my guess that they are VERY busy......

If I knew WHY, then I wouldn't be asking. This is a very serious question. And, it goes without saying that they are VERY busy. But TOO BUSY to begin the monetization process to enable them to pay off the estate taxes, which is the first step to maintaining control of P's masters and his legacy, including Paisley Park?? I'm just wanting to know what is going on with the estate....

mailaccount63 said:

FlyOnTheWall said:

.....I would bet good money that Prince had an estate plan...and it is being suppressed.

The law provides penalties for the withholding and/or destruction of a will.

And? Laws are broken every day, 24/7.

FlyOnTheWall said:

laurarichardson said:

FlyOnTheWall said:

If I knew WHY, then I wouldn't be asking. This is a very serious question. And, it goes without saying that they are VERY busy. But TOO BUSY to begin the monetization process to enable them to pay off the estate taxes, which is the first step to maintaining control of P's masters and his legacy, including Paisley Park?? I'm just wanting to know what is going on with the estate....

-- They have started they brought in two people to help with generating income for the estate. I am sure as soon as they get rid of these con-artist making these bogus claims they will present the inventory/liabilities.

Those brought in to generate income should not need to be concerned with the "potential heirs" drama, except to oversee it from above. P's estate has many moving parts, and so should the team.

mailaccount63 said:

This suggests there may be a will (or some kind of directive or beneficiaries):

.

http://www.mncourts.gov/m...-Efron.pdf

.

Small excerpt:

.

Giovanni777 said:

This suggests there may be a will (or some kind of directive or beneficiaries):

.

http://www.mncourts.gov/m...-Efron.pdf

.

Small excerpt:

.

H&E previously served as counsel for Prince Rogers Nelson and might possess confidential information potentially relevant to the determination of the appropriate beneficiaries of the Decedent's estate.

FlyOnTheWall said:

laurarichardson said:

FlyOnTheWall said: -- They have started they brought in two people to help with generating income for the estate. I am sure as soon as they get rid of these con-artist making these bogus claims they will present the inventory/liabilities.

Those brought in to generate income should not need to be concerned with the "potential heirs" drama, except to oversee it from above. P's estate has many moving parts, and so should the team.

Londell McMillian has sent out some tweets about flying to Minneapolis so he may be working on something. For all we know he could be working out of Paisley Park as we speak.

Giovanni777 said:

This suggests there may be a will (or some kind of directive or beneficiaries):

.

http://www.mncourts.gov/m...-Efron.pdf

.

Small excerpt:

.

H&E previously served as counsel for Prince Rogers Nelson and might possess confidential information potentially relevant to the determination of the appropriate beneficiaries of the Decedent's estate.

WOW! I didnt see that filing. That means they do not have a will but they have something else that they cannot disclose without of a waiver of attorney/client privilege. This may very well mean they know of a child that has received a Trust benefit from P.

Giovanni777 said:

This suggests there may be a will (or some kind of directive or beneficiaries):

.

http://www.mncourts.gov/m...-Efron.pdf

.

Small excerpt:

.

H&E previously served as counsel for Prince Rogers Nelson and might possess confidential information potentially relevant to the determination of the appropriate beneficiaries of the Decedent's estate.

Interesting information to come out. There will be speculations.

laurarichardson said:

FlyOnTheWall said:

Those brought in to generate income should not need to be concerned with the "potential heirs" drama, except to oversee it from above. P's estate has many moving parts, and so should the team.

Londell McMillian has sent out some tweets about flying to Minneapolis so he may be working on something. For all we know he could be working out of Paisley Park as we speak.

I hope you're right, but Prince already had an infrastructure, of sorts, set up to sell his music directly to his fams, without a third party, like a label. Plus, he has many, many websites that he no longer used. His web administrators would be more than happy to convert and update them to release his music. Without a label taking a cut, his estate is positioned to make a mint, literally.

FlyOnTheWall said:

laurarichardson said:

Londell McMillian has sent out some tweets about flying to Minneapolis so he may be working on something. For all we know he could be working out of Paisley Park as we speak.

I hope you're right, but Prince already had an infrastructure, of sorts, set up to sell his music directly to his fams, without a third party, like a label. Plus, he has many, many websites that he no longer used. His web administrators would be more than happy to convert and update them to release his music. Without a label taking a cut, his estate is positioned to make a mint, literally.

I agree with your logic. Once the legalities are worked out, this could happen and reduce third party cuts.

Prince estate: Lawyers may have 'potentially relevant' info on singer's heirs

CHASKA, Minn. (AP) -- A judge says a Minnesota law firm may have "potentially relevant" information for determining who should inherit Prince's estate.

Carver County Judge Kevin Eide gave permission for the Minneapolis law firm Henson & Efron, which formerly represented Prince, to privately share that information with Bremer Trust, the special administrator overseeing Prince's estate.

The order released Wednesday but dated July 6 says the firm "might possess confidential information potentially relevant to the determination of the appropriate beneficiaries" of Prince's estate. The order doesn't say what that information might be.

Prince presents the award for favorite album - soul/R&B at the American Music Awards in Los Angeles on Nov. 22, 2015. (Matt Sayles/Invision/Associated Press Archives)

The rock superstar died in April of an accidental drug overdose. No will has publicly surfaced, and the court has not ruled on whether his siblings or other claimants are his heirs.

Attorneys for Bremer Trust and Henson & Efron didn't immediately return calls seeking comment.

I can only imagine the complexity for Bremer. Prince was very private, with that alone, Bremer has it's hands full trying to piece together things. Then add to that the vast volume of work, known and unknown and assets.

Aside from that, can you imagine the people who are going thru all the documents and boxes that Prince had? Not to mention the Vault(s).

I get the vibe Bremer is on top of this and it appears that they are doing a diligent process. The new information about Henson & Efron is enticing.

Maybe in the next weeks that information will be inadvertently released.

I also found it interesting that this is the same firm that handled his second divorce. The Minneapolis Star Tribune had a write up:

http://www.startribune.com/judge-orders-prince-s-former-law-firm-to-share-its-confidential-files-with-estate-lawyers/386670591/

[Edited 7/13/16 12:18pm]

nelcp777 said:

purplethunder3121 said:

Prince estate: Lawyers may have 'potentially relevant' info on singer's heirs

Associated Press

POSTED: 07/13/2016 10:33:03 AM PDT | UPDATED: 43 MIN. AGO

CHASKA, Minn. (AP) -- A judge says a Minnesota law firm may have "potentially relevant" information for determining who should inherit Prince's estate.

Carver County Judge Kevin Eide gave permission for the Minneapolis law firm Henson & Efron, which formerly represented Prince, to privately share that information with Bremer Trust, the special administrator overseeing Prince's estate.

The order released Wednesday but dated July 6 says the firm "might possess confidential information potentially relevant to the determination of the appropriate beneficiaries" of Prince's estate. The order doesn't say what that information might be.

Prince presents the award for favorite album - soul/R&B at the American Music Awards in Los Angeles on Nov. 22, 2015. (Matt Sayles/Invision/Associated Press Archives)

The rock superstar died in April of an accidental drug overdose. No will has publicly surfaced, and the court has not ruled on whether his siblings or other claimants are his heirs.

Attorneys for Bremer Trust and Henson & Efron didn't immediately return calls seeking comment.

nelcp777 said:

So over his lifetime, through the many legal professionals he hired and left, none of them have an obligation to bring information forward to the court? Does this mean any of them could have a will stashed and just sit on it?

It has been weeks now since Prince left.

I guess I should read he latest story. I read the court document and it sounds like they have something in hand. Maybe the law firm just found it again after someone went through Prince's files, then brought it to the attention of Bremer.

And this--hmmm...gees he was still dealing with this mess in 2010. Looks like property ownership issues, my guess.

The Minneapolis law firm Henson & Efron represented Prince in his divorce from Manuela Testolina. The petition was filed in Hennepin County in 2006, and the divorce decree was entered in 2007. There were a number of additional filings through August 2010 — including a judgment of $276,339 — but the contents of the files were sealed by a court order.

deerpath said:

And this--hmmm...gees he was still dealing with this mess in 2010. Looks like property ownership issues, my guess.

The Minneapolis law firm Henson & Efron represented Prince in his divorce from Manuela Testolina. The petition was filed in Hennepin County in 2006, and the divorce decree was entered in 2007. There were a number of additional filings through August 2010 — including a judgment of $276,339 — but the contents of the files were sealed by a court order.

If the law firm of H&E had a will or it had information about property they WOULD NOT NEED AN ATTORNEY/CLIENT WAIVER.

The Judge stated in his Order that the law firm "might possess confidential information potentially releveant to the determination of the appropriate BENEFICIARIES of the Decedent's estate and other matters."

If they had previously reperesented Prince in a proceeding regarding a child(ren) and a Trust was set up they would need an attorney/client waiver. I am assuming the Trust provides that the mother and the child(ren) could not reveal this information or they would lose the Trust funds.

[Edited 7/13/16 13:48pm]

deerpath said:

ISaidLifeIsJustAGame said:

Oh wow. Thanks for explaining. Trusts are separate from everything else and would not have to be included in the probate... we'll see what happens next.

I so hope that Prince had child(ren) that he knew about and that he got to experience the joys of being a parent.

http://www.mercurynews.com/music/ci_30123933/prince-estate-lawyers-may-have-potentially-relevant-info

ISaidLifeIsJustAGame said:

Giovanni777 said:

This suggests there may be a will (or some kind of directive or beneficiaries):

.

http://www.mncourts.gov/m...-Efron.pdf

.

Small excerpt:

.

H&E previously served as counsel for Prince Rogers Nelson and might possess confidential information potentially relevant to the determination of the appropriate beneficiaries of the Decedent's estate.

WOW! I didnt see that filing. That means they do not have a will but they have something else that they cannot disclose without of a waiver of attorney/client privilege. This may very well mean they know of a child that has received a Trust benefit from P.

Interesting, to say the very least. I just read about this in the Star Tribune.

BINGO...... I'm thinking there is a child out there.Somehow they contacted the two attorneys or whoever tyka has involved.Bottom line its game on bitches.jmho