Author | Message |
Moderator moderator |
The Estate Discussion - Continued Continue discussion here--------------------------------------
Ohh purple joy oh purple bliss oh purple rapture! REAL MUSIC by REAL MUSICIANS - Prince "I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben |
- E-mail - orgNote - Report post to moderator |
Dang P, I know you can't read this but you could have left a Will and helped some middle class or poor folks or both instead these Vultures getting this much money:
A recent probate court document chronicling expenses for the year ending Jan. 31, 2019, shows that Comerica, the Dallas-based bank administering the estate, got $1.5 million in fees. Troy Carter, Comerica’s L.A.-based entertainment consultant and Lady Gaga’s former manager, received $2 million. And Fredrikson & Byron, the Minneapolis law firm working for Comerica, took in $3.8 million.
| |
- E-mail - orgNote - Report post to moderator |
Troy Carter: 2 million! That seems excessive. I expect the lawyers to gouge. | |
- E-mail - orgNote - Report post to moderator |
he knew even if he left a will ....they wouldve been underhanded | |
- E-mail - orgNote - Report post to moderator |
- I agreee. But... Replace Troy Carter, and the new replacement will ask even more. That's how it goes in the good old US of A. Live with it, or stand up. (It's called unfair distribution of wealth; a crooked $-system with unbalanced poor taxrates, and less involvement of gouvernement.) Reap what you sow. - More participation and decisions (and money) for the heirs is imho not a good idea. They didn't do anything to get Prince where he got. I believe that Comerica (as far as i'm well informed) is not a bad solution. It could've been a lot worse. Think about it. -
"The whole problem with the world is that fools and fanatics are always so certain of themselves. And wiser people so full of doubts" (Bertrand Russell 1872-1972) | |
- E-mail - orgNote - Report post to moderator |
Oh, I am fine with Comerica and am happy his heirs are not in charge, but I was really surprised at the fee Troy Carter is charging "for his labor of love."
| |
- E-mail - orgNote - Report post to moderator |
I think a True Legit Signed Will with a couple of good witness and a Excellent Lawyer could have cut out a lot of this shafting! [Edited 3/4/20 9:50am] | |
- E-mail - orgNote - Report post to moderator |
Anybody know what Comerica got in:
2016?
2017?
2018?
2019: Comerica, the Dallas-based bank administering the estate, got in fees: $1.5 million Troy Carter, Comerica’s L.A.-based entertainment consultant and Lady Gaga’s former manager, received: $2 million Fredrikson & Byron, the Minneapolis law firm working for Comerica, took in: $3.8 million Total Comerica involvement here: $7.3 Million
[Edited 3/4/20 10:50am] | |
- E-mail - orgNote - Report post to moderator |
I'm not upset with Comerica's involvement, noboby with functional knowledge is going to work their butts off for free or even cheaply and do you well, folks need to quit. But the whole not handling first things first seems to be eating up a sizeable portion of the money, because there always seems to be some major hiccup with the corner cutting, then the deal goes bad or something totally unforeseen happens then you have to backtrack, clean up the mess then get stuff back on track, it bleeds money unneccessary. Time keeps on slipping into the future...
This moment is all there is... | |
- E-mail - orgNote - Report post to moderator |
Welcome to "the org", Mumio…they can have you, but I'll have your love in the end | |
- E-mail - orgNote - Report post to moderator |
Curiosity on how things work. Different than mere speculation. [Edited 3/4/20 19:01pm] Time keeps on slipping into the future...
This moment is all there is... | |
- E-mail - orgNote - Report post to moderator |
That is a lot of money. Does anyone know how much the estate grossed last year? Maybe the estate made a lot, so that's why their cut is large. | |
- E-mail - orgNote - Report post to moderator |
Sure is and add their 2016, 2017, 2018 cut and that would be a Bigger Grand Total banked off of the "No Will"... | |
- E-mail - orgNote - Report post to moderator |
I'm not upset at Comerica either. I found it interesting what they can Bank on somebody elses f-up/mess up/negligence! Matter fact seems like a very good Business to be in! [Edited 3/5/20 9:13am] | |
- E-mail - orgNote - Report post to moderator |
[Edited 3/5/20 9:27am] | |
- E-mail - orgNote - Report post to moderator |
For those of you who do not read the Estate files, I would encourage you to do so. | |
- E-mail - orgNote - Report post to moderator |
Also, they are still in litigation in Italy over TMBGITW. | |
- E-mail - orgNote - Report post to moderator |
[Off topic snip - luv4u] Paisley Park is in your heart
#PrinceForever 💜 | |
- E-mail - orgNote - Report post to moderator |
ISaidLifeIsJustAGame said: For those of you who do not read the Estate files, I would encourage you to do so. A lot of interesting stuff. Time keeps on slipping into the future...
This moment is all there is... | |
- E-mail - orgNote - Report post to moderator |
Yes Indeed | |
- E-mail - orgNote - Report post to moderator |
How was my article about changes at Paisley Park off topic? Paisley Park is in your heart
#PrinceForever 💜 | |
- E-mail - orgNote - Report post to moderator |
Moderator moderator |
Ohh purple joy oh purple bliss oh purple rapture! REAL MUSIC by REAL MUSICIANS - Prince "I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben |
- E-mail - orgNote - Report post to moderator |
That is mad crazy. | |
- E-mail - orgNote - Report post to moderator |
Moderator moderator |
Ohh purple joy oh purple bliss oh purple rapture! REAL MUSIC by REAL MUSICIANS - Prince "I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben |
- E-mail - orgNote - Report post to moderator |
I hope so. It has been a lengthy and I am sure expensive process. | |
- E-mail - orgNote - Report post to moderator |
not with sell out whores all over | |
- E-mail - orgNote - Report post to moderator |
| |
- E-mail - orgNote - Report post to moderator |
SNJ filed a motion to be awarded a portion of the Estate. | |
- E-mail - orgNote - Report post to moderator |
ISaidLifeIsJustAGame said: SNJ filed a motion to be awarded a portion of the Estate. I wonder all that offered. Time keeps on slipping into the future...
This moment is all there is... | |
- E-mail - orgNote - Report post to moderator |
I have to wonder about that Lawnie connection though and any money they may owe him Welcome to "the org", Mumio…they can have you, but I'll have your love in the end | |
- E-mail - orgNote - Report post to moderator |