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Forums > Prince: Music and More > The Estate - Part 5
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Reply #390 posted 01/06/17 1:40pm

ISaidLifeIsJus
tAGame

avatar

nelcp777 said:

ISaidLifeIsJustAGame said:

Inventory has been filed.

Inventory states the Estate is due $750k from Tidal.

Very interesting.

Prince was the only shareholder in his business entities including NPG Music.

Now Van Jones is going to be Tyka's attorney which means Londell must be staying on.

Also, Roc Nation is seeking a Protective Order in regard to documents they will be giving to the Special Representative.

Its going to take some time to go through all these documents.

I also noted that there were loans from the business side to the Estate (which I understand). If I read the documents correctly, the Estate/Heirs will have to repay those loans from their share/cut.

I am not surprised by ROC Nations request. I got the impression that they may have some documents, in particular the equity share. That does not mean that Prince gave them full authority to release his back catalogue.

The Van Jones is interesting and would like to see how it pans out with Londell.

I briefly went thru them. In all honesty, the inventory was a little intrusive in the back of my mind. Not to mention, it solidified that Prince is gone, even though I have know this.

I was hoping the vault would have been more detailed. Even if it was just a number thing. For example, 100 audio rehearsals, 30 LPs, 1200 songs, 5000 concert videos, 200 music videos. But I do understand the monumental task in completing the list and also to do so in the required time.

A lot of Prince's older businesses were dissolved, and like you mentioned, he was the single shareholder.

Lastly, the WB masters were not listed with the other masters. Does that mean that Prince did not own the masters?

I think WB Masters is contained in Exhibit 3.

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Reply #391 posted 01/06/17 2:13pm

laytonian

ISaidLifeIsJustAGame said:

Inventory has been filed.


Inventory states the Estate is due $750k from Tidal.


Very interesting.


Prince was the only shareholder in his business entities including NPG Music.


Now Van Jones is going to be Tyka's attorney which means Londell must be staying on.


Also, Roc Nation is seeking a Protective Order in regard to documents they will be giving to the Special Representative.


Its going to take some time to go through all these documents.






Londell has always said he was a music advisor. He's likely on the Roc Nation case, too. Has that changed? His expertise is in music law.
Van will be the personal representative for Tyka, who is basically the estate since she is closest sibling.
[Edited 1/6/17 14:14pm]
Welcome to "the org", laytonian… come bathe with me.
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Reply #392 posted 01/06/17 2:15pm

LBrent

PurpleDiamonds1 said:

morningsong said:



Had me scouring the thread looking for the Prince YT address. no no no! wink

Me too! Well one can hope, I like their positive attitude cool

Me three!

lol

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Reply #393 posted 01/06/17 2:35pm

BanishedBrian

ISaidLifeIsJustAGame said:

Prince was the only shareholder in his business entities including NPG Music.


Just as I was trying to explain to certain people months ago in those silly threads about him using the LLC to funnel his assets to secret heirs.

No Candy 4 Me
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Reply #394 posted 01/06/17 2:38pm

morningsong

$61,000 for medical expense?

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Reply #395 posted 01/06/17 2:40pm

1Sasha

You noticed that, too?

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Reply #396 posted 01/06/17 3:37pm

Dibblekins

morningsong said:

$61,000 for medical expense?

Sorry? What's this?? Whose medical expenses, paid to whom by whom? eek

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Reply #397 posted 01/06/17 3:40pm

Lovejunky

EDIT

[Edited 1/6/17 15:43pm]

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Reply #398 posted 01/06/17 3:54pm

Vee0319

morningsong said:

$61,000 for medical expense?






Yea that's what I thought when I read it. But what about the $88,000 funeral expenses! That seems a bit excessive also don't you think?
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Reply #399 posted 01/06/17 4:19pm

ISaidLifeIsJus
tAGame

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Dibblekins said:

morningsong said:

$61,000 for medical expense?

Sorry? What's this?? Whose medical expenses, paid to whom by whom? eek

It says "Expenses of Last Illness."

What was his Last Illness?

We dont know whether he had health insurance, and whether this was out of pocket expenses.

I dont think the Moline incident would be $61k?

eek

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Reply #400 posted 01/06/17 4:21pm

1Sasha

Funeral expenses might include the memorial service(s).
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Reply #401 posted 01/06/17 4:23pm

morningsong

ISaidLifeIsJustAGame said:

Dibblekins said:

Sorry? What's this?? Whose medical expenses, paid to whom by whom? eek

It says "Expenses of Last Illness."

What was his Last Illness?

We dont know whether he had health insurance, and whether this was out of pocket expenses.

I dont think the Moline incident would be $61k?

eek



I can't see how it would be that either, not even with the other test he had later. Granted it's easy to rack up a large medical bill but still given what we've heard so far on his most current medical visits that seems a bit steep.

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Reply #402 posted 01/06/17 4:27pm

morningsong

1Sasha said:

Funeral expenses might include the memorial service(s).

I kind of wondered about that also, but there were like 2-1/2, the one that was cancelled more or less, the one for the family and the one for friends and associates. I can see it if you think about the gift bags.

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Reply #403 posted 01/06/17 4:33pm

rap

Prince had $25million in real estate and hoarded cash before his death: Inventory of megastar's $300M estate shows he built up a property portfolio and had $110,000 in his bank accounts before his overdose

Read more: http://www.dailymail.co.u...z4V20pWfaZ
Follow us: @MailOnline on Twitter | DailyMail on Facebook

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Reply #404 posted 01/06/17 4:41pm

Mumio

avatar

ISaidLifeIsJustAGame said:

Inventory has been filed.

Inventory states the Estate is due $750k from Tidal.

Very interesting.

Prince was the only shareholder in his business entities including NPG Music.

Now Van Jones is going to be Tyka's attorney which means Londell must be staying on.

Also, Roc Nation is seeking a Protective Order in regard to documents they will be giving to the Special Representative.

Its going to take some time to go through all these documents.

Hmmmmm, didn't someone previously say that he was the only shareholder? Was that you?

Not sure I am happy about Londell staying on. Wonder why Tyka hasn't said who she wants as personal rep? If the elder sibs want out, hope they are paid off and they go live their lives then. I can see why they might not have the interest whereas Tyka and Omarr could be interested in keeping the legacy intact.

I downloaded the files. Too lengthy to read on-line.

Welcome to "the org", Mumio…they can have you, but I'll have your love in the end nod
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Reply #405 posted 01/06/17 5:15pm

ISaidLifeIsJus
tAGame

avatar

BanishedBrian said:

ISaidLifeIsJustAGame said:

Prince was the only shareholder in his business entities including NPG Music.


Just as I was trying to explain to certain people months ago in those silly threads about him using the LLC to funnel his assets to secret heirs.

Wasup banishedbrian?

I havent seen you for awhile.

headbang

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Reply #406 posted 01/06/17 6:37pm

laurarichardso
n

BanishedBrian said:



ISaidLifeIsJustAGame said:


Prince was the only shareholder in his business entities including NPG Music.





Just as I was trying to explain to certain people months ago in those silly threads about him using the LLC to funnel his assets to secret heirs.


//Those were not silly threads because it can actually be done and at the time we had no idea what was going on. In addition there could still be a trust or settlements that we are not going to have knowledge of.
[Edited 1/6/17 18:37pm]
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Reply #407 posted 01/06/17 6:43pm

laurarichardso
n

rap said:

Prince had $25million in real estate and hoarded cash before his death: Inventory of megastar's $300M estate shows he built up a property portfolio and had $110,000 in his bank accounts before his overdose

Read more: http://www.dailymail.co.u...z4V20pWfaZ
Follow us: @MailOnline on Twitter | DailyMail on Facebook


--I have not looked at the papers but does anyone remember the media saying he owned a 20 million commercial property? Or did the stupid media mean the whole portfolio was worth 20 million😳
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Reply #408 posted 01/06/17 7:13pm

ISaidLifeIsJus
tAGame

avatar

laurarichardson said:

rap said:

Prince had $25million in real estate and hoarded cash before his death: Inventory of megastar's $300M estate shows he built up a property portfolio and had $110,000 in his bank accounts before his overdose

Read more: http://www.dailymail.co.u...z4V20pWfaZ
Follow us: @MailOnline on Twitter | DailyMail on Facebook

--I have not looked at the papers but does anyone remember the media saying he owned a 20 million commercial property? Or did the stupid media mean the whole portfolio was worth 20 million😳

P had gold worth over $800k.

eek

The emoji above reflects everything about P.

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Reply #409 posted 01/06/17 7:24pm

Lovejunky

laurarichardson said:

rap said:

Prince had $25million in real estate and hoarded cash before his death: Inventory of megastar's $300M estate shows he built up a property portfolio and had $110,000 in his bank accounts before his overdose

Read more: http://www.dailymail.co.u...z4V20pWfaZ
Follow us: @MailOnline on Twitter | DailyMail on Facebook

--I have not looked at the papers but does anyone remember the media saying he owned a 20 million commercial property? Or did the stupid media mean the whole portfolio was worth 20 million😳

I was actually shocked to Learn that Paisley Park is valued at ONLY 6.7 Million.....Really ?

Thats peanuts considering the Size of it and the facility...

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Reply #410 posted 01/06/17 7:28pm

Lovejunky

ISaidLifeIsJustAGame said:

Dibblekins said:

Sorry? What's this?? Whose medical expenses, paid to whom by whom? eek

It says "Expenses of Last Illness."

What was his Last Illness?

We dont know whether he had health insurance, and whether this was out of pocket expenses.

I dont think the Moline incident would be $61k?

eek

$61K is one very expensive FLU ?????????

The wording also suggests a "previous Illness" Doesnt it ?

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Reply #411 posted 01/06/17 7:49pm

Vee0319

ISaidLifeIsJustAGame said:



laurarichardson said:


rap said:

Prince had $25million in real estate and hoarded cash before his death: Inventory of megastar's $300M estate shows he built up a property portfolio and had $110,000 in his bank accounts before his overdose

Read more: http://www.dailymail.co.u...z4V20pWfaZ
Follow us: @MailOnline on Twitter | DailyMail on Facebook



--I have not looked at the papers but does anyone remember the media saying he owned a 20 million commercial property? Or did the stupid media mean the whole portfolio was worth 20 million😳

P had gold worth over $800k.


eek


The emoji above reflects everything about P.




-- why is the property in Turks Caicos not listed under the real estate assets?
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Reply #412 posted 01/06/17 7:52pm

sonshine

avatar

Lovejunky said:



laurarichardson said:


rap said:

Prince had $25million in real estate and hoarded cash before his death: Inventory of megastar's $300M estate shows he built up a property portfolio and had $110,000 in his bank accounts before his overdose

Read more: http://www.dailymail.co.u...z4V20pWfaZ
Follow us: @MailOnline on Twitter | DailyMail on Facebook



--I have not looked at the papers but does anyone remember the media saying he owned a 20 million commercial property? Or did the stupid media mean the whole portfolio was worth 20 million😳

I was actually shocked to Learn that Paisley Park is valued at ONLY 6.7 Million.....Really ?



Thats peanuts considering the Size of it and the facility...


It feels a bit dated and in need of updating tbh. The round bldg seperate from PP is in very bad shape and hasn't been tended to all these years from the looks of it close up.
It's a hurtful place, the world, in and of itself. We don't need to add to it. We all need one another. ~ PRN
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Reply #413 posted 01/06/17 8:00pm

mnfriend

You people questioning a $61k medical bill for 1 night, ambulance, etc.
and can't believe the cost
must not be Americans.
Because oh yes, that IS what the hospitals/Dr.s charge here in USA!
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Reply #414 posted 01/06/17 8:05pm

laurarichardso
n

Lovejunky said:



ISaidLifeIsJustAGame said:




Dibblekins said:




Sorry? What's this?? Whose medical expenses, paid to whom by whom? eek



It says "Expenses of Last Illness."


What was his Last Illness?


We dont know whether he had health insurance, and whether this was out of pocket expenses.


I dont think the Moline incident would be $61k?


eek





$61K is one very expensive FLU ?????



The wording also suggests a "previous Illness" Doesnt it ?


-/It made me so sad years ago I had two surgeries back to back and spent a few weeks in the hospital and that was the amount of my bill. That is major medical expense and I think we know now he was struggling with something in last years. 😰
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Reply #415 posted 01/06/17 8:06pm

laurarichardso
n

mnfriend said:

You people questioning a $61k medical bill for 1 night, ambulance, etc.
and can't believe the cost
must not be Americans.
Because oh yes, that IS what the hospitals/Dr.s charge here in USA!

-- No one charges 60k for an ambulance ride in the U.S and I know because I just saw a bill for a ambulance ride.
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Reply #416 posted 01/06/17 8:30pm

PennyPurple

avatar

61K isn't out of range if he didn't have insurance. Heck an MRI alone costs at least 4k here in Missouri, and another 1k to read it.

.

Now if he did have insurance and they are left to pay 61K in medical expenses then hell yes, there was a big major medical issue.

.

My hubby has a contract with the pain med dr. and he has to have drug testing done all the time. One time all those tests cost over 12K, that's what they charged our insurance company.

.

61K isn't out of range.

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Reply #417 posted 01/06/17 8:38pm

ISaidLifeIsJus
tAGame

avatar

mnfriend said:

You people questioning a $61k medical bill for 1 night, ambulance, etc. and can't believe the cost must not be Americans. Because oh yes, that IS what the hospitals/Dr.s charge here in USA!

As I said, we dont know if this was out-of-pocket medical expenses or it was what P had to pay after insurance paid their part.

Regardless, Moline transferred him to the hospital and he was only there 4 or 5 hours?

$61k is high especially for a small town hospital.

Call me skeptical.

eek

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Reply #418 posted 01/06/17 8:42pm

rogifan

I noticed in the document the current logo being used for Paisley Park isn't listed under trademarks. I wonder why? neutral
Paisley Park is in your heart
#PrinceForever 💜
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Reply #419 posted 01/06/17 8:43pm

rap

sonshine said:

Lovejunky said:

I was actually shocked to Learn that Paisley Park is valued at ONLY 6.7 Million.....Really ?

Thats peanuts considering the Size of it and the facility...

It feels a bit dated and in need of updating tbh. The round bldg seperate from PP is in very bad shape and hasn't been tended to all these years from the looks of it close up.

The makeover was done in 1996 so, yes, may be looking a bit tired. However, having never been inside I cannot say if it has lost its lustre. As for the round building, I'm amazed it hasn't been clad, let alone had the interior done. It wasn't that long ago when pics showed stuff hanging off it. Apparently, the estate has plans to complete it?

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