CAL3 said:
. Proper estate planning can ALLEVIATE the tax burden. It's NEVER advisable to die intestate. Prince was human, he made mistakes, and not planning for the end of his life was a big one. End of. -- The only thing that could help with taxes is if he had a trust for the whole estate. I never said dying interstate was a good thing but wills do nothing to help with taxes. That being said I doubt Prince belived he was going to die and even if he knew he was going to die maybe he was not concerned with the money. You can't take it with you. | |
- E-mail - orgNote - Report post to moderator |
nelcp777 said: Roc Nation has filed a claim against the Estate. There are not any specifics in the claim. If he had a deal with Jay-z to deliver two more albums and the deal was only for a year the estate still has to deliver the albums or be sued. This could cause a needless law suit and a delay in getting new music out. It also appears to be against what the family wants. The same thing happened with M.J as Quincy Jones sued the MJ estate because they violated an agreement Quincy had to do remixes. The question is why is the estate not delivering the music to finish out the deal? [Edited 11/9/16 11:58am] | |
- E-mail - orgNote - Report post to moderator |
Thanks. This reminds me of when Prince handed WB the last 2 records to fill his contract. The Estate should just fulfill the contract requirements and move on. It will generate more revenue (which is needed) and reduce costs of future litagation and legal woes. | |
- E-mail - orgNote - Report post to moderator |
nelcp777 said:
Thanks. This reminds me of when Prince handed WB the last 2 records to fill his contract. The Estate should just fulfill the contract requirements and move on. It will generate more revenue (which is needed) and reduce costs of future litagation and legal woes. --- Co-sign I don't why they are doing this since reading the claim Roc Nation notified the estate months ago. Instead they want to move ahead with a greatest hits that no one cares about. | |
- E-mail - orgNote - Report post to moderator |
I understand that WB had the hits and PR material prior to Prince's passing and green lighting those releases to a point. I thought the industry experts that were hired/retained were suppose to help with any issues like Tidal and WB. If so, someone dropped the ball there. The only explanation I can think of is Tidal is pissed at the "rejection of their offer" for $35/$40M. I understand Bremer has a massive undertaking to do. I would think fulfilling existing contracts and ended those and creating revenue streams should now be the focus. The court will handle the heir issue. Bremer needs to handle the financial and contractual. | |
- E-mail - orgNote - Report post to moderator |
nelcp777 said:
I understand that WB had the hits and PR material prior to Prince's passing and green lighting those releases to a point. I thought the industry experts that were hired/retained were suppose to help with any issues like Tidal and WB. If so, someone dropped the ball there. The only explanation I can think of is Tidal is pissed at the "rejection of their offer" for $35/$40M. I understand Bremer has a massive undertaking to do. I would think fulfilling existing contracts and ended those and creating revenue streams should now be the focus. The court will handle the heir issue. Bremer needs to handle the financial and contractual. -I know that greatest hits was planned before Prince passed and I am sure none of the hardcore are interested in it. I suspect that WB were interested in vault material and not so much of P' s new stuff. Still silly of Breamer to allow another claim against the estate. | |
- E-mail - orgNote - Report post to moderator |
Entire list of public filings for PRN & Mani's divorce (Star Tribune case attached.) the case number (27-FA-06-3597)
| |
- E-mail - orgNote - Report post to moderator |
The estate suffers from limited IT resources at the courts it appears. Pills and thrills and daffodils will kill... If you don't believe me or don't get it, I don't have time to try to convince you, sorry. | |
- E-mail - orgNote - Report post to moderator |
udo said: The estate suffers from limited IT resources at the courts it appears. //Or maybe the don't expect 85 pages of nonsense for ridiculous claims. Maybe this will put a stop to it. | |
- E-mail - orgNote - Report post to moderator |
. If 85 pages is too much then how great is America? Just scan it, file it, put it online and send out the URLs. How hard can it be? Pills and thrills and daffodils will kill... If you don't believe me or don't get it, I don't have time to try to convince you, sorry. | |
- E-mail - orgNote - Report post to moderator |
That's what I was thinking. It's all electronic. You need copies? Buy another printer and some paper. Even my little business has multiple devices. | |
- E-mail - orgNote - Report post to moderator |
How many of you all have your fingers hovering over that click button waiting for Monday morning? | |
- E-mail - orgNote - Report post to moderator |
| |
- E-mail - orgNote - Report post to moderator |
. Which button, where? What did I miss? Pills and thrills and daffodils will kill... If you don't believe me or don't get it, I don't have time to try to convince you, sorry. | |
- E-mail - orgNote - Report post to moderator |
Aren't the divorce documents opened today, or something involving Divorce #2?
| |
- E-mail - orgNote - Report post to moderator |
Yep today is the day from what I last saw. | |
- E-mail - orgNote - Report post to moderator |
| |
- E-mail - orgNote - Report post to moderator |
A lot of disallowances have been posted. Is Bremer asking for the disallowances and the Judge rules on them or is this final, pending appeals? Trying to understand the legalities here. Also, noticed Tidal submitted another request for consideration. This has some interesting information in it in regards to the alleged contract/agreement made by Prince prior to his passing. | |
- E-mail - orgNote - Report post to moderator |
I see nothing.
| |||||
- E-mail - orgNote - Report post to moderator |
Looks like the Estate is telling everybody no. | |
- E-mail - orgNote - Report post to moderator |
??? | |
- E-mail - orgNote - Report post to moderator |
| |
- E-mail - orgNote - Report post to moderator |
Forgive me - what, exactly, are 'disallowances' in this instance? And what does this mean with regard to the divorce records? Thank you for obliging an imbecile! | |
- E-mail - orgNote - Report post to moderator |
It's the new stuff on the Estate Probate case. | |
- E-mail - orgNote - Report post to moderator |
Does anyone know where the divorce documents can be accessed from? I notice that all documents listed on the "Register of Actions" are not clickable, even on the probate case. What does "result: Held" mean and was it there previously? | |||||
- E-mail - orgNote - Report post to moderator |
| |||||
- E-mail - orgNote - Report post to moderator |
The disallowances are for the some of the stupid claims. Breamer is saying we are not paying because your claim is bogus.
This has nothing to do with the divorce papers. I do find the Roc Nation claim interesting because they are saying they have Equity Term agreement for five years to stream music. I am puzzled how Breamer or Londell made the decision to go with Universal if they knew agreement was in place. In addtion, it looks like content must be exclusive for at least 90 days so we may get to see music on other platforms just not immediatley. I hope this means we can unrealshed stuff soon and wonder if Tidal held back payment for fear of the agreement being violated. | |
- E-mail - orgNote - Report post to moderator |
There was a condemnation process in 2008, link:
http://pa.courts.state.mn.us/CaseDetail.aspx?CaseID=1612115818
It has Prince and Manuela listed as respondents. Anyone know what this is about?
I know it is off topic, but it caught my eye. | |
- E-mail - orgNote - Report post to moderator |
The Roc Nation is very interesting. I wonder if the WB releases were also a reason for their claim. You brought up some very good points/questions. Roc Nation's language of exploiting Prince's music sounds wierd, considering Prince's stance on artistic freedom. According to their claim, they are entitled to the next 2 unreleased studio albums to be released. There are not any specific titles. The 90 days, can that be conveyed to the WB releases? That deal and submissions was prior to Tidal, unless I am incorrect. | |
- E-mail - orgNote - Report post to moderator |
| |
- E-mail - orgNote - Report post to moderator |