XSX said:

Okay...they seem to have stepped out but I'll fill in by noting that in the pic, JAY Z is pointing to the fact that Maurice has PURPLE IN HIS POCKET


*rising spooky organ music*

[Edited 10/27/16 12:34pm]

I think you're on to something there.

destinyc1 said:

https://www.minnpost.com/...estate-tax

Interesting article and here's the one where they quoted that $300m as 'possible value of the estate'.

http://www.cnbc.com/2016/04/26/princes-apparent-lack-of-planning-may-cost-his-estate.html

However, if you look at that last article critically, you'll see that the journalist had concocted the story before interviewing the expert to 'fill it out'. And neither in the conversation had the information we now have which is that Prince HAD done some extensive 'estate planning' as long ago as 2014, with the reassignnment to NPG and the creation of some kinda trust situation over NPG. Which means you can re-read the article as a guide to how safe things are

That not only reduces the taxable value of the estate but demonstrates that control was been exercised beyond the foreseeable by Prince. And I'd like to hear opinion or information from those with some, as to whether PP will now, as per most museums, be about to assume a special tax status. Indeed, is it and was it already operationally a non-profit? I don't know but I'd imagine its re-zoning is part of a move in something like that direction which, again, would make this alleged 'tax crisis' another red herring.

This kind of fits with Tyka's (reported) assertion that she has no reason to believe he created a will.

All in all, whether Tyka is perfectly privy to Prince's 'plans', it seems that the squabbles she's surrounded by (and reports suggest she's not exactly engaged in them but handling them, albeit not with good grace in some of those reports) are educating her as to the parameters of her sisterly duties.
Unlike others, I sense that Tyka and Maurice were tight as with Prince in recent years and it is for that reason I am predicting nothing but a groove as loose ends are tightened up.

[Edited 10/27/16 12:54pm]

[Edited 10/27/16 12:56pm]

morningsong said:

XSX said:

Okay...they seem to have stepped out but I'll fill in by noting that in the pic, JAY Z is pointing to the fact that Maurice has PURPLE IN HIS POCKET


*rising spooky organ music*

[Edited 10/27/16 12:34pm]

I think you're on to something there.

If I am, then I want to reassure the massive that I believe that IT'S ALL GOOD.
I think Tyka, Maurice and Jay Z are Prince's soldiers./

XSX said:

destinyc1 said:

https://www.minnpost.com/...estate-tax

Interesting article and here's the one where they quoted that $300m as 'possible value of the estate'.

http://www.cnbc.com/2016/04/26/princes-apparent-lack-of-planning-may-cost-his-estate.html

However, if you look at that last article critically, you'll see that the journalist had concocted the story before interviewing the expert to 'fill it out'. And neither in the conversation had the information we now have which is that Prince HAD done some extensive 'estate planning' as long ago as 2014, with the reassignnment to NPG and the creation of some kinda trust situation over NPG. Which means you can re-read the article as a guide to how safe things are

That not only reduces the taxable value of the estate but demonstrates that control was been exercised beyond the foreseeable by Prince. And I'd like to hear opinion or information from those with some, as to whether PP will now, as per most museums, be about to assume a special tax status. Indeed, is it and was it already operationally a non-profit? I don't know but I'd imagine its re-zoning is part of a move in something like that direction which, again, would make this alleged 'tax crisis' another red herring.

This kind of fits with Tyka's (reported) assertion that she has no reason to believe he created a will.

All in all, whether Tyka is perfectly privy to Prince's 'plans', it seems that the squabbles she's surrounded by (and reports suggest she's not exactly engaged in them but handling them, albeit not with good grace in some of those reports) are educating her as to the parameters of her sisterly duties.
Unlike others, I sense that Tyka and Maurice were tight as with Prince in recent years and it is for that reason I am predicting nothing but a groove as loose ends are tightened up.

[Edited 10/27/16 12:54pm]

[Edited 10/27/16 12:56pm]

Great point.I would love to know that as well

a short allegorical story designed to illustrate or teach some truth, religious principle, or moral lesson. 2. a statement or comment that conveys a meaning indirectly by the use of comparison, analogy, or the like. Origin of parable.....MORNINGSONG HIS SHIRT IS A PARABLE LOL. REAL EYES REALIZE REAL LIES.....Meaning when u open your eyes and understand something or someone REAL EYES...You understand or REALIZE when people are lying.REAL LIES

destinyc1 said:

Well,its not about knowing prince Prince is gone and didn't care to leave a will and the estate needs BIG chunks of money right now.Legacy is pp museum but,to keep it all moving along MAJOR BILLS HAVE TO BE PAID BY DEADLINES.Uncle sam comes knocking u dont say wait.Sadly they have to go backwards to go forward.That 300 mill anyone know where that amount came from?

don't know where the $300 mill # came from, but there is a thread on here (orger oliviacamron on 10/25)stating that the back taxes P owed are paid up.

[Edited 10/27/16 13:34pm]

NOT PRINCE OWING 300 MILL LOL.... SAYING PRINCE IS WORTH 300 MILL.

XSX said:

morningsong said:

I think you're on to something there.

If I am, then I want to reassure the massive that I believe that IT'S ALL GOOD.
I think Tyka, Maurice and Jay Z are Prince's soldiers./

I don't know about all that. We're only getting a tiny piece of the picture anyway. I've calmed down a wee bit so I'm in wait a see mode.

destinyc1 said:

NOT PRINCE OWING 300 MILL LOL.... SAYING PRINCE IS WORTH 300 MILL.

CORRECT...they are trying to ESTIMATE P "around" 300 mill, but you stated "uncle sam" is knocking at the door...and I stated that the back taxes (UNCLE SAM), have been paid...according to OLIVIACAMRON on 10/25

[Edited 10/27/16 13:42pm]

Buy it than put it all on tidal to be streamed prince shoudve got his shit together a long time ago.

LittleBLUECorvette said:

2olskool4u said:

LittleBLUECorvette said:

Why would Jay rap over 35 year old Prince records?

Because he's a cunt

LMAO!!

Noodled24 said:

mjscarousal said:

Not sure what the point of this statement is... Prince wasn't best friends with the heads of the major labels... what's your point?

Showing up art a party or signing up for a streaming service is no indication of a friendship especially when Prince has never spoken about either in that context. Prince called Janelle Monae his friend. He called Esperanza his friend. There is no record of Prince ever referring to Jay Z or Beyonce as his friends.

First off, Ima need you to sit down because ANOTHER poster was the one that brought up the friendship issue NOT me.

3 pages of people saying this... yet none of you have been able to post any examples. I highly doubt Jay would screw Prince like Jackson screwed McCartney.

When nothing else works, lets just bash Michael Jackson. Do you Prince stans ever get tired of it?? Why even bring this up? What value does this have to this discussion?

They obviously met with Jay-Z. That's not to say anything was confirmed. The problem is Llondel barking about how it's all lies, when there evidence it's not.

I never said that anything was confirmed. I said that it would be a HORRIBLE day in music if Prince music was sold to Jay Z. I said that Jay was a snake, backstabber and doesn't care about Prince or his legacy and I stand by that. NO WAY NO HOW does Prince music needs to be in Jay Z's hands.

Nobody said they were best friends. I use the shop at the bottom of my street, I'm not best frends with the owner.

Did you read any of the conversation before butting in???

Another poster DID say they were close and were friends, so YES, someone implied Prince was close friends with Beyonce and Jay Z and all I simply said was that was not true and there is no evidence that supports that they were.

Not sure what the point of this statement is... Prince wasn't best friends with the heads of the major labels... what's your point?

My point is that Prince and Jay Z/Beyonce were not friends or close Prince has never once called them "friends" out his mouth.

Why are you obsessing over who Prince's friends were? It's business not friendship. Though Prince seemed happy with Tidal and repeatedly praised Jay-Z.

AGAIN,

You really need to read all the way through a discussion before jumping in and making outlandish claims. I am not obsessing over anything. I was responding to a poster who said boldly that Prince was friends with Jay Z and Beyonce which is FALSE. They also said we should trust Jay Z LOL funniest thing I have read all week.

precioux said:

http://www.musictimes.com...-tidal.htm Small interview prince gave defending jay z

depends on what he does with it...since he's a money monster ...probably no good

I wonder about this ?

http://www.forbes.com/sites/hughmcintyre/2015/07/04/is-prince-the-newest-tidal-co-owner/#230265d733cb

destinyc1 said:

Its very complicated i think we can ALL agree on this.But leaving a loved one OUT is a BIG F U Go back and read the posts when mj died and only included his mom,kids and diana ross.I remember those posts It was a field day.I wonder if prince himself even commented on it.

destinyc1 said:

Its very complicated i think we can ALL agree on this.But leaving a loved one OUT is a BIG F U Go back and read the posts when mj died and only included his mom,kids and diana ross.I remember those posts It was a field day.I wonder if prince himself even commented on it.

Yes, MJ gave the big FU to his sibs by living them out of his trust. Prince actually took care of his siblings and I would say had no problem with them inheiriting his money, music and business if he did not take the time to specifically write them out of the picture.

I also think people don't realize that Tyka, Omarr and her husband had been traveling with him in last years and sometimes working for him therefore, he may have prepared them to step up.

laurarichardson said:

destinyc1 said:

Its very complicated i think we can ALL agree on this.But leaving a loved one OUT is a BIG F U Go back and read the posts when mj died and only included his mom,kids and diana ross.I remember those posts It was a field day.I wonder if prince himself even commented on it.

Yes, MJ gave the big FU to his sibs by living them out of his trust. Prince actually took care of his siblings and I would say had no problem with them inheiriting his money, music and business if he did not take the time to specifically write them out of the picture.

I also think people don't realize that Tyka, Omarr and her husband had been traveling with him in last years and sometimes working for him therefore, he may have prepared them to step up.

.

Prince actually took care of his siblings and I would say had no problem with them inheiriting his money, music and business if he did not take the time to specifically write them out of the picture.

.

Ridiculous statement. There's absolutely no grounds to make the assumption that by avoiding estate planning, Prince was somehow "taking care of" his siblings or anyone else.

.

It's complete revisionism to try to turn his lack of a will into a positive. It's just another symptom of "Prince could do no wrong" syndrome that some fans have.

.

Does anyone honestly believe that people with great personal wealth are actually *better off* avoiding a directive? Talk to any legal professional in the field of estate planning. It was a total fuck-up move to have the kind of personal and business wealth that Prince had and not have everthing locked down in advance of passing away.

.

Opinions are fine, but anyone trying to make definitive statements here is talking out their ass. Rest assured there is far more complexity to the settlement of Prince's estate than anyone here knows or understands. Without direct access to all pertinant info, it's a guessing game.

.

But one thing that can be said for sure: Prince didn't do his heirs any favors by failing to plan for his demise.

laurarichardson said:

mjscarousal said:

First off, Ima need you to sit down because ANOTHER poster was the one that brought up the friendship issue NOT me.
When nothing else works, lets just bash Michael Jackson. Do you Prince stans ever get tired of it?? Why even bring this up? What value does this have to this discussion?

Perhaps it wasn't you, but you repeatedly made reference to it as if being best-buds had some kind of effect on their business dealings.

I never said that anything was confirmed. I said that it would be a HORRIBLE day in music if Prince music was sold to Jay Z. I said that Jay was a snake, backstabber and doesn't care about Prince or his legacy and I stand by that. NO WAY NO HOW does Prince music needs to be in Jay Z's hands.

Yes. You never actually explained why Jay-Z is a snake. Assuming he is. Why isn't Jackson a snake given the way he double crossed McCartney? That door swings both ways.

Did you read any of the conversation before butting in???

Another poster DID say they were close and were friends, so YES, someone implied Prince was close friends with Beyonce and Jay Z and all I simply said was that was not true and there is no evidence that supports that they were.

Yeah... again the whole friends thing. It's a non-issue.

AGAIN,

You really need to read all the way through a discussion before jumping in and making outlandish claims. I am not obsessing over anything. I was responding to a poster who said boldly that Prince was friends with Jay Z and Beyonce which is FALSE. They also said we should trust Jay Z LOL funniest thing I have read all week.

... and another paragraph about friendship... again nothing to back any of it up, and Topped off with a bit of Jay-Z bashing, which you accused me of doing to MJ because I stated the fact he stabbed his friend Paul McCartney in the back.

[Edited 10/28/16 8:18am]

I wouldn't trust anything Londell says, Prince's music is being shopped around, and the picture of JayZ proves it.

Who else is in the market for it anyone know?Also was the 35mill on the table and jayz said i got your 35 let me raise you 5 more?If this is the case then to me it means he aint playing and isn't about to be outbid.Also it seems as though the family & estate appear to be dealing with mostly the people prince dealt with.So for those that are in the know IF JAYZ IS OUTBID WHY ON GODS GREEN EARTH WOULD HE STREAM THE VAULT MUSIC ISN'T IT A CONFLICT OF INTEREST TO BEGIN WITH.Crazy music industry

[Edited 10/28/16 10:20am]

PennyPurple said:

I wouldn't trust anything Londell says, Prince's music is being shopped around, and the picture of JayZ proves it.

A licensing deal is being shopped around but Tyka and her husband cannot make that decision right now without the agreement of the courts or the rest of the siblings.

heathilly said:

laurarichardson said:

Yes, MJ gave the big FU to his sibs by living them out of his trust. Prince actually took care of his siblings and I would say had no problem with them inheiriting his money, music and business if he did not take the time to specifically write them out of the picture.

I also think people don't realize that Tyka, Omarr and her husband had been traveling with him in last years and sometimes working for him therefore, he may have prepared them to step up.

The real difference is prince didn't take care of business for as much as he talked about it. Mj siblings are famous and perfectly capable of earning there own money. Prince sister was a stripper and crack head cant say much for the others but I'm sure they weren't millionaires. Prince not having a will though fits his personality of not acknowledging reality. Time doesn't exist nonsense well your time is up and all the pieces of your kingdom are falling where they may. But I feel he would be some what ok with this. [Edited 10/28/16 7:00am]

Pump your breaks you business mastermind. Trust and LLC are ways to avoid probate and not subject to the courts. We have no idea about what is going on with his estate outside of the real estate holdings being sold. All finanical transactions are sealed by the courts and we will never know anything about any trust he may have.

He was sitting on 50 million is Real Estate so he was not stupit but I feel he was not planning to die this year and his holdings have been described by Breamer has being vast.