cloveringold85 said:

206Michelle said:

I think that Prince was selective about contracts. In order to tour and use various venues, I imagine that he would have to sign a contract. He isgned the contract in 2014 with Warner Brothers in order to earn back his masters. So he signed contracts, but he was selective about what he signed, I imagine.

.

Yes, "selective" is a good way to describe his business dealings. I will never understand why he wanted to work with WB again, because I don't think he ever really got his masters back.

He was not going to get his master back in one swoop without making a deal with WB and he needed to find someone to market and distrubute his remaster projects.

In addtion, the WB of today is not the WB that he was signed to 20 years ago.

He was the executor of his dad's estate and his dad did not have a will so he knew what was going to happen. He would have also known about the nonsense going on with Ray Charles and James Brown's estate. I think wills are great if you have decent relatives or people you can trust to be your executors but this does not always work out.

disch said:

Thanks ISaidLifeIsJustAGame! It's really hard to know what exactly he was thinking by not having a will -- but perhaps he just didn't like to think about his own death. I think that's why many people don't have wills; it forces you to think about your own mortality.

-

What do you think about an LLC as an estate-planning tool? One theory here is that because his business assets were in an LLC he wouldn't need any other estate-planning tools.

ISaidLifeIsJustAGame said:

Although I do some probate cases in my practice they are not nearly as comlex as P's.

I dont think P ever had a will drafted during his life time other than the handwritten wills he mentioned to his ex's which were probably not valid.

The majority of people just dont have wills.

Most attorneys I have talked to do not have a will either, and they are in P's age bracket.

I read an article recently with an ex-employee of Ps and this person discussed with P the issue of him not having health insurance and he responded "Why invite trouble?'

So P may have been superstitious and thought if he had a will drafted he would be "inviting trouble" which is the most plausible reason why he did not have a will.

If P wanted to cause chaos and disorder after his passing he achieved his goal.

[Edited 7/9/17 21:39pm]

Well, if he thought wills or other estate planning tools were pointless and intentionally chose not to have them, then that was just a dumb choice on his part.

-

Among other bad results is that tons of money that started with his estate is now ending up with lawyers, rather than with more worthy recipients ("worthy" being however HE would define it -- charity, paisley park mainentance, his relatives' wellbeing, whatever).

-

But I'd love to hear from an estate-planning expert on this topic, as I know we're not experts!

laurarichardson said:

He was the executor of his dad's estate and his dad did not have a will so he knew what was going to happen. He would have also known about the nonsense going on with Ray Charles and James Brown's estate. I think wills are great if you have decent relatives or people you can trust to be your executors but this does not always work out.

disch said:

Thanks ISaidLifeIsJustAGame! It's really hard to know what exactly he was thinking by not having a will -- but perhaps he just didn't like to think about his own death. I think that's why many people don't have wills; it forces you to think about your own mortality.

-

What do you think about an LLC as an estate-planning tool? One theory here is that because his business assets were in an LLC he wouldn't need any other estate-planning tools.

[Edited 7/9/17 21:39pm]

Well that is your opinion but you should do some reserch into how people use trust and LLC to avoid probate it can be done. I also think you are assuming he was preparing to die when it is possible he might have preparing to retire or slow his roll but not die anytime soon.

There would no lawsuits and high legal fees ( althought they are getting Coamerica for a decent rate ) if Lonnie and company had not gone out of there way to genrate lawsuits in the first place. Remember thus far all claims against the estate have failed and two are appealling with little or no chance at being successful. If Lonnie had done right you would only be dealing with those two appeals and the rest would be actual things that would have had to be done even if he had a will. Wills also do not stop estate taxes only trust. He also gave away a tremendous amount of money to charitiy in the last couple of years of his life so he may have been done with charitable giving.

disch said:

Well, if he thought wills or other estate planning tools were pointless and intentionally chose not to have them, then that was just a dumb choice on his part.

-

Among other bad results is that tons of money that started with his estate is now ending up with lawyers, rather than with more worthy recipients ("worthy" being however HE would define it -- charity, paisley park mainentance, his relatives' wellbeing, whatever).

-

But I'd love to hear from an estate-planning expert on this topic, as I know we're not experts!

laurarichardson said:

He was the executor of his dad's estate and his dad did not have a will so he knew what was going to happen. He would have also known about the nonsense going on with Ray Charles and James Brown's estate. I think wills are great if you have decent relatives or people you can trust to be your executors but this does not always work out.

Nope, I most definitely don't thinking he was "preparing to die" (that's more your chain of thought than mine ) but lots of people, especially with big complicated estates, have estate plans even if they're not planning on biting the bullet anytime soon, because life (and death) can be hard to predict.

-

I definitely think that intentionally not planning your estate and letting even basic things like the establishment of heirs be subject to court rulings is a dumb choice. That's why I don't think his lack of planning was intentional -- I doubt he specifically thought through this scenario and decided this is how he wants it to play out. No rational person would think that.

-

But plenty of people don't plan their estates for other reasons that can be a little more understandable (procrastination, discomfort in thinking about death, lack of access to trusted legal help, I'm sure plenty of other reasons).

-

But still, I'd love to hear from an actual expert in the estate-planning field.

laurarichardson said:

Well that is your opinion but you should do some reserch into how people use trust and LLC to avoid probate it can be done. I also think you are assuming he was preparing to die when it is possible he might have preparing to retire or slow his roll but not die anytime soon.

There would no lawsuits and high legal fees ( althought they are getting Coamerica for a decent rate ) if Lonnie and company had not gone out of there way to genrate lawsuits in the first place. Remember thus far all claims against the estate have failed and two are appealling with little or no chance at being successful. If Lonnie had done right you would only be dealing with those two appeals and the rest would be actual things that would have had to be done even if he had a will. Wills also do not stop estate taxes only trust. He also gave away a tremendous amount of money to charitiy in the last couple of years of his life so he may have been done with charitable giving.

disch said:

Well, if he thought wills or other estate planning tools were pointless and intentionally chose not to have them, then that was just a dumb choice on his part.

-

Among other bad results is that tons of money that started with his estate is now ending up with lawyers, rather than with more worthy recipients ("worthy" being however HE would define it -- charity, paisley park mainentance, his relatives' wellbeing, whatever).

-

But I'd love to hear from an estate-planning expert on this topic, as I know we're not experts!

[Edited 7/10/17 13:45pm]

disch said:

Nope, I most definitely don't thinking he was "preparing to die" (that's more your chain of thought than mine ) but lots of people, especially with big complicated estates, have estate plans even if they're not planning on biting the bullet anytime soon, because life (and death) can be hard to predict.

-

I definitely think that intentionally not planning your estate and letting even basic things like the establishment of heirs be subject to court rulings is a dumb choice. That's why I don't think his lack of planning was intentional -- I doubt he specifically thought through this scenario and decided this is how he wants it to play out. No rational person would think that.

-

But plenty of people don't plan their estates for other reasons that can be a little more understandable (procrastination, discomfort in thinking about death, lack of access to trusted legal help, I'm sure plenty of other reasons).

-

But still, I'd love to hear from an actual expert in the estate-planning field.

laurarichardson said:

Well that is your opinion but you should do some reserch into how people use trust and LLC to avoid probate it can be done. I also think you are assuming he was preparing to die when it is possible he might have preparing to retire or slow his roll but not die anytime soon.

There would no lawsuits and high legal fees ( althought they are getting Coamerica for a decent rate ) if Lonnie and company had not gone out of there way to genrate lawsuits in the first place. Remember thus far all claims against the estate have failed and two are appealling with little or no chance at being successful. If Lonnie had done right you would only be dealing with those two appeals and the rest would be actual things that would have had to be done even if he had a will. Wills also do not stop estate taxes only trust. He also gave away a tremendous amount of money to charitiy in the last couple of years of his life so he may have been done with charitable giving.

[Edited 7/10/17 13:45pm]

Disch, I agree with you a million per cent re the consequences of not having a will. Shortly after Prince died I posted my disappointment that he had no will, no estate planning and didn't provide properly for the people and causes he may have loved more than several semi-estranged family members. One Orger screamed at me that I "sounded like a suit."!!!LOL Not a suit, but I do have a will, in fact, every few years it gets revised to address changed circumstances. Even my DOG is in my will to provide for lifetime care for him if I'm not here. It's not being a 'suit'...it's being an adult.

I do not know what Prince was preparing to do but I know that some things he did were completely out if character for him and I know at least a half dozens associated have said we do not know the whole story so something was going on that we the public are not aware of. Anyone who cannot see that just dose not want to see it. Also his ex-wives said he had wills with them in those wills if you think he was so stupid how come he got rid of those wills because only a real fool would have left those two in a will. We just do not know if his plans were to get his affairs in some order or if he was happy with were things were at the time. I do know that you are free to look into how the super wealthy avoid probate, read about how the WB contract was drafted and know enough about some of his nutso sibs to know a will may not have been the best move.
He could have put some funds in a trust we just will never know.
--.

said:

Bodhitheblackdog said:

He did provide for the charities while he was alive and Van was let go a week before Prince died he may have been done with the charities for a while.

laurarichardson said:

He did provide for the charities while he was alive and Van was let go a week before Prince died he may have been done with the charities for a while.

I dont think Van was "let go" a week before P passed.

I think Van said he last worked for P a week before he passed when P asked him to release a media statement about the plane incident.

Another claim from S&S Design says they are owed 50K:

.

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

ISaidLifeIsJustAGame said:

--There is a rumor going around that the press release was his last week with Prince.

cloveringold85 said:

The time for claims passed so long ago.

I agree with you ISLIJAG. Van Jones discussed the media statement in HLN's Prince The End - One year after. IIRC, he mentioned this as his last work for Prince (my words), during his appearance in court to be named Special Representative.

ISaidLifeIsJustAGame said:

laurarichardson said:

He did provide for the charities while he was alive and Van was let go a week before Prince died he may have been done with the charities for a while.

I dont think Van was "let go" a week before P passed.

I think Van said he last worked for P a week before he passed when P asked him to release a media statement about the plane incident.

[Edited 7/10/17 17:20pm]

laurarichardson said:

cloveringold85 said:

Another claim from S&S Design says they are owed 50K:

.

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

The time for claims passed so long ago.

.

It's dated July 6, 2017

Bodhitheblackdog said:

disch said:

Nope, I most definitely don't thinking he was "preparing to die" (that's more your chain of thought than mine ) but lots of people, especially with big complicated estates, have estate plans even if they're not planning on biting the bullet anytime soon, because life (and death) can be hard to predict.

-

I definitely think that intentionally not planning your estate and letting even basic things like the establishment of heirs be subject to court rulings is a dumb choice. That's why I don't think his lack of planning was intentional -- I doubt he specifically thought through this scenario and decided this is how he wants it to play out. No rational person would think that.

-

But plenty of people don't plan their estates for other reasons that can be a little more understandable (procrastination, discomfort in thinking about death, lack of access to trusted legal help, I'm sure plenty of other reasons).

-

But still, I'd love to hear from an actual expert in the estate-planning field.

[Edited 7/10/17 13:45pm]

Disch, I agree with you a million per cent re the consequences of not having a will. Shortly after Prince died I posted my disappointment that he had no will, no estate planning and didn't provide properly for the people and causes he may have loved more than several semi-estranged family members. One Orger screamed at me that I "sounded like a suit."!!!LOL Not a suit, but I do have a will, in fact, every few years it gets revised to address changed circumstances. Even my DOG is in my will to provide for lifetime care for him if I'm not here. It's not being a 'suit'...it's being an adult.

Bod, awwwwww, I love that statement! My pets aren't in my will but I know my brother would never let anything happen to them. Good for you!!!

.

BTW, I agree with both of you guys, he should have had a will since they first broke ground at PP, and updated it as events in his life changed.

~DD55

laurarichardson said:

He was the executor of his dad's estate and his dad did not have a will so he knew what was going to happen. He would have also known about the nonsense going on with Ray Charles and James Brown's estate. I think wills are great if you have decent relatives or people you can trust to be your executors but this does not always work out.

.

You can't compare his dad's estate with Prince's.

His dad's children were known. The half-sibling issue did not come into play so Prince may not have been aware of how it would affect his own estate -- and even if he did know, did he really care?

Frankly, I believe the Chaos and Disorder theory. He might have found it hilarious.

Wills solve nothing. Well-designed TRUSTS can assign assets and shelter from taxes.

.

ISaidLifeIsJustAGame said:

laurarichardson said:

He did provide for the charities while he was alive and Van was let go a week before Prince died he may have been done with the charities for a while.

I dont think Van was "let go" a week before P passed.

I think Van said he last worked for P a week before he passed when P asked him to release a media statement about the plane incident.

.

You are correct, ISLJAG.
Van was not "fired" in any way, shape or form.

.

Londell? He may have served P's purpose at one time and it looks like P did not stay with any attorney for a length of time. He seemed to hire a new one every time something big came up or for a specific issue

.

laurarichardson said:

ISaidLifeIsJustAGame said:

I dont think Van was "let go" a week before P passed.

I think Van said he last worked for P a week before he passed when P asked him to release a media statement about the plane incident.

--There is a rumor going around that the press release was his last week with Prince.

.

A rumor?

Now, that's a good source.

.

His last week with Prince? Of course it was. Prince died a week later.

.

Damn. Housequake.

.

cloveringold85 said:

laurarichardson said:

cloveringold85 said: The time for claims passed so long ago.

.

It's dated July 6, 2017

.

But it's not a NEW claim.
"S & S Design, Ltd. (“S & S Design”), (the “Petitioner”), hereby states the following in support of its petition for allowance of Petitioner’s Claim asserted on August 15, 2016."

.

They're throwing additional information at the wall to see if they can get it to stick and renew their original claim.

.

laytonian said:

cloveringold85 said:

.

It's dated July 6, 2017

.

But it's not a NEW claim.
"S & S Design, Ltd. (“S & S Design”), (the “Petitioner”), hereby states the following in support of its petition for allowance of Petitioner’s Claim asserted on August 15, 2016."

.

They're throwing additional information at the wall to see if they can get it to stick and renew their original claim.

.

But the orignal claim had to have been disallowed for some reasons. We have watched a few people make cliams with no proof that services were even renendred or it could be Breamer fucking up once again.

laytonian said:

laurarichardson said:

ISaidLifeIsJustAGame said: --There is a rumor going around that the press release was his last week with Prince.

.

A rumor?

Now, that's a good source.

.

His last week with Prince? Of course it was. Prince died a week later.

.

Damn. Housequake.

.

Okay so it has to be broken out for you.

The rumor is that Prince broke ties with Van after that press release was sent out. Meaning that was his last work for Prince.

Is that clear?

DD55 said:

Bodhitheblackdog said:

Disch, I agree with you a million per cent re the consequences of not having a will. Shortly after Prince died I posted my disappointment that he had no will, no estate planning and didn't provide properly for the people and causes he may have loved more than several semi-estranged family members. One Orger screamed at me that I "sounded like a suit."!!!LOL Not a suit, but I do have a will, in fact, every few years it gets revised to address changed circumstances. Even my DOG is in my will to provide for lifetime care for him if I'm not here. It's not being a 'suit'...it's being an adult.

Bod, awwwwww, I love that statement! My pets aren't in my will but I know my brother would never let anything happen to them. Good for you!!!

.

BTW, I agree with both of you guys, he should have had a will since they first broke ground at PP, and updated it as events in his life changed.

~DD55

That is good if you have people that you know are going to follow your wishes and not fight amongst themselves.

Also the ex-wives have said he had wills when they were married.

That's why you hire qualified lawyers to draft solid, legally sound wills and estate plans: to minimize the opportunity for people not to follow your wishes.

laurarichardson said:

DD55 said:

Bod, awwwwww, I love that statement! My pets aren't in my will but I know my brother would never let anything happen to them. Good for you!!!

.

BTW, I agree with both of you guys, he should have had a will since they first broke ground at PP, and updated it as events in his life changed.

~DD55

That is good if you have people that you know are going to follow your wishes and not fight amongst themselves.

Also the ex-wives have said he had wills when they were married.

The additional facts around the claim of the S & S Design Company is

they were contacted by P's representatives in August 2015 for a professional lighting production

design for a musical tour for P.

The lighting design was for 30 songs, and S & S contracted with American and European lighting

contractors to execute the design for the tour.

Per P's request additional lighting was incorporated into band gear, drums, and keyboard.

Then project was abruptly cancelled and they were never paid.

I wonder what tour that was going to be?

ISaidLifeIsJustAGame said:

I wonder what tour that was going to be?

.

A possible 2015/2016 'world' tour?

You can be argumentative all day but you need to read about James Brown and RayCharles estates. Ray left each child a million dollars a piece and set up a charitable trust for blind children but his greedy ass kids have used every legal move they can for over 10 years to interfer with the money going to charities. Money has been spent for the last 10 years fighting their suits.
James Brown had a video will stating his wishes for the bulk of his money to go children charities in Georhia not one penny has made it due to his children constantly contesting. I am sure they both had competent lawyers. No one listens when you are dead. You also realize after people inherit they can do whatever they want to do. How fast due you think the older sibs would have sold out their portion of the estate at this time? This WB contract is one of the things Prince wanted and he may get his way and it is had nothing to do with estate planning at all. Think about that for a minute.
---

said:

[Edited 7/11/17 10:36am]

ISaidLifeIsJustAGame said:

Right after he died I remember one of the promoters who worked for him said that Live Nation wanted him to do a 100 city tour but he turned them down. I just think he knew he could not make it on a long tour.

laurarichardson said:

ISaidLifeIsJustAGame said:

The additional facts around the claim of the S & S Design Company is

they were contacted by P's representatives in August 2015 for a professional lighting production

design for a musical tour for P.

The lighting design was for 30 songs, and S & S contracted with American and European lighting

contractors to execute the design for the tour.

Per P's request additional lighting was incorporated into band gear, drums, and keyboard.

Then project was abruptly cancelled and they were never paid.

I wonder what tour that was going to be?

Right after he died I remember one of the promoters who worked for him said that Live Nation wanted him to do a 100 city tour but he turned them down. I just think he knew he could not make it on a long tour.

but there was also talk of him taking the new band (with adrian and mono?) on tour with him,
despite him embarking on the piano tour. i never quite understood how that would've worked.
perhaps first hour piano solo and after that with the guys?

the piano tour was slated to start a while earlier than it finally did, since the first show was to

be in paris at the bataclan. but then the terrorist attack happened and the whole tour got put
back a little bit.

not sure if that would fall into the time frame of this lighting design.

although 30 songs, that's a full on setlist in it's own right so probably not? i don't know. i'm
just throwing the idea out there

And I believe you can insert a clause in a will or trust that if it is contested, that person gets nothing.

My way or the highway ...

laytonian said:

cloveringold85 said:

.

It's dated July 6, 2017

.

But it's not a NEW claim.
"S & S Design, Ltd. (“S & S Design”), (the “Petitioner”), hereby states the following in support of its petition for allowance of Petitioner’s Claim asserted on August 15, 2016."

.

They're throwing additional information at the wall to see if they can get it to stick and renew their original claim.

.

.

I went back today for another look; they added other correspondence now.......so, I understand. Thanks for the clarification!