AFENI SHAKUR Smarter Than Prince..... TUPAC'S MONEY AND MUSIC PROTECTED

[Misleading thread title edit - luv4u]

Tupac's mother guarded his music and financial legacy in life, and TMZ has learned Afeni Shakur took extraordinary steps to do the same in death.

Afeni had set up a trust to control all of Tupac's music rights, and a rep for his estate tells us the paperwork is flawless. She also named the perfect executor, Tom Whalley -- former head of Warner Bros. Records -- to handle Tupac's valuable catalog.

We're told the trust is very specific about heirs, and the money is going to select charities and family. Afeni is survived by her sister, Gloria, and a daughter, Sekyiwa Shakur ... Tupac's half sister.

Her estranged husband, Gust Davis, is not mentioned in the trust -- so Tupac's money and music will be virtually untouchable in that divorce.

Interestingly, Tupac's mother was repped by attorney Howard King, who also worked with Prince years ago. He says Prince hated dealing with paperwork and rarely listened to advisors, but Afeni was the exact opposite -- which is why there shouldn't be any legal battles over Tupac's fortune.

http://www.tmz.com/2016/0...c-divorce/

hhhmm, Wow, something else, heehee

Yea, Good at some things and arse in others...

There is a good reason that the majority of people with education and that type of Wealth (and some with no education and type of Wealth) have a Will , Trust, etc. in place in case one leaves the earth early!

The one thing you have to take into consideration is that he didn't give a damn.

My grandfather worked for 40 years for a company and said he was not leaving a damn thing for anyone and he didn't. After working for 25 years and living life a little I understand exactly what he meant right,wrong or indifferent.

i think you forgot to reply to this thread you started, would you still like to?


http://prince.org/msg/7/438415

..

[Edited 2/22/17 17:30pm]

Um...

and yet, as smart a woman as she was, she still raised a son whose life decisions resulted in him not living to be 57 years old...

I'm willing to bet that, given the opportunity, Afeni Shakur would've happily traded her son's flawless last will and testament to have enjoyed her son alive into his 50s, broke or not...

Just a thought.

jdcxc said:

Soooo....Prince's mom raised a more talented son.

That's not really the point, nor is it a contest between either artist or their respective estates.

The point is that Prince's reputation for being a fool with business matters is no secret. Frankly, it was laziness and irresponsible on his part to not sit and hammer out details of a will, heirs, distribution of music (mainly vault), properties, charities supported after his death, or any other outstanding business matter during or after his life.

While it was for the purposes of acting, the scene at the end of 3 Chains O' Gold with him walking to a boardroom, scribbling on paper, then walking out is almost prophetic in how he probably handled himself with a lawyer or advisor. I really wish Londell, Van, or whoever had his ear sat on his black ass and made him figure things out.

People can quote that "money and art don't mix" baloney all day, but look at the shit storm Tyka & anyone else has faced since April 21, 2016.

LBrent said:

Hmm, maybe Prince's heirs should check Tupac's people...

if he knew he was dying maybe he wouldve done something similar

What an insulting and inaccurate thread title.

sro100 said:

What an insulting and inaccurate thread title.

Yeah, really. The only comparison would be between Tupac and Prince--if there was such a thing...

Astasheiks said:

Lets's be honest here, Tupac's music is pretty shite.

She's developed a brand

IstenSzek said:

i think you forgot to reply to this thread you started, would you still like to?


http://prince.org/msg/7/438415

..

[Edited 2/22/17 17:30pm]

ok, I did

TrivialPursuit said:

jdcxc said:

Soooo....Prince's mom raised a more talented son.

That's not really the point, nor is it a contest between either artist or their respective estates.

The point is that Prince's reputation for being a fool with business matters is no secret. Frankly, it was laziness and irresponsible on his part to not sit and hammer out details of a will, heirs, distribution of music (mainly vault), properties, charities supported after his death, or any other outstanding business matter during or after his life.

While it was for the purposes of acting, the scene at the end of 3 Chains O' Gold with him walking to a boardroom, scribbling on paper, then walking out is almost prophetic in how he probably handled himself with a lawyer or advisor. I really wish Londell, Van, or whoever had his ear sat on his black ass and made him figure things out.

People can quote that "money and art don't mix" baloney all day, but look at the shit storm Tyka & anyone else has faced since April 21, 2016.

Amen, Thank You, That's What I'm Talking About! LOL

sro100 said:

What an insulting and inaccurate thread title.

That is the Title of The Article

http://www.tmz.com/2016/0...c-divorce/

laurarichardson said:

Astasheiks said:

AFENI SHAKUR Smarter Than Prince..... TUPAC'S MONEY AND MUSIC PROTECTED

[Misleading thread title edit - luv4u]

Tupac's mother guarded his music and financial legacy in life, and TMZ has learned Afeni Shakur took extraordinary steps to do the same in death.

Afeni had set up a trust to control all of Tupac's music rights, and a rep for his estate tells us the paperwork is flawless. She also named the perfect executor, Tom Whalley -- former head of Warner Bros. Records -- to handle Tupac's valuable catalog.

We're told the trust is very specific about heirs, and the money is going to select charities and family. Afeni is survived by her sister, Gloria, and a daughter, Sekyiwa Shakur ... Tupac's half sister.

Her estranged husband, Gust Davis, is not mentioned in the trust -- so Tupac's money and music will be virtually untouchable in that divorce.

Interestingly, Tupac's mother was repped by attorney Howard King, who also worked with Prince years ago. He says Prince hated dealing with paperwork and rarely listened to advisors, but Afeni was the exact opposite -- which is why there shouldn't be any legal battles over Tupac's fortune.

http://www.tmz.com/2016/0...c-divorce/

hhhmm, Wow, something else, heehee

-If never listened to advisors how did he get his masters back? We now know other attorneys were involved with the transaction. I am happy for the Shakur family now if you really think Tupuc catalog is valuable I do not know what you are thinking. [Edited 2/23/17 2:54am]

Brother P should have taken care of Business and had a Will, that is what I'm thinking and not give So Much money away to those profiting off of him not having a Will.

[Edited 2/23/17 10:06am]

Astasheiks said:

TrivialPursuit said:

That's not really the point, nor is it a contest between either artist or their respective estates.

The point is that Prince's reputation for being a fool with business matters is no secret. Frankly, it was laziness and irresponsible on his part to not sit and hammer out details of a will, heirs, distribution of music (mainly vault), properties, charities supported after his death, or any other outstanding business matter during or after his life.

While it was for the purposes of acting, the scene at the end of 3 Chains O' Gold with him walking to a boardroom, scribbling on paper, then walking out is almost prophetic in how he probably handled himself with a lawyer or advisor. I really wish Londell, Van, or whoever had his ear sat on his black ass and made him figure things out.

People can quote that "money and art don't mix" baloney all day, but look at the shit storm Tyka & anyone else has faced since April 21, 2016.

Amen, Thank You, That's What I'm Talking About! LOL

Please explain the shit storm.

Most of the claims were bogus and thrown out quickly. The few that are being appealled have no chance per the Judge.

If had a will these same idiots would have tried to place claims and they would have been thrown out.

The 3 lawsuits were actually generated by the Estate managers poor decision making which could have happend any way if Prince had made Breamer the Executors of his estate.

The estate has been allowed by the court to continue to generate income so the probate has not effect money coming in. The only thing that seems to be bugging people is the taxes which would have had to be paid even if he had a will.

The only thing that would have stopped the taxes would have been a trust. Prince could have placed some of his money in a trust but we will never know about it. In addtion, people can contest trust just like wills. Take a look at James Brown and Ray Charles.

MJ had a trust and his estate is being killed with taxes on revenue.

Nothing is perfect and Prince was not perfect we really have no way of knowing what his plans were concerning his estate or what his mental state was at the time of his death. It would be nice to see some compassion instead of constant caring on about money which no one can take with you to the grave.

TrivialPursuit said:

jdcxc said:

Soooo....Prince's mom raised a more talented son.

That's not really the point, nor is it a contest between either artist or their respective estates.

The point is that Prince's reputation for being a fool with business matters is no secret. Frankly, it was laziness and irresponsible on his part to not sit and hammer out details of a will, heirs, distribution of music (mainly vault), properties, charities supported after his death, or any other outstanding business matter during or after his life.

While it was for the purposes of acting, the scene at the end of 3 Chains O' Gold with him walking to a boardroom, scribbling on paper, then walking out is almost prophetic in how he probably handled himself with a lawyer or advisor. I really wish Londell, Van, or whoever had his ear sat on his black ass and made him figure things out.

People can quote that "money and art don't mix" baloney all day, but look at the shit storm Tyka & anyone else has faced since April 21, 2016.

Well here we go again with the WILL talk. As Prince said back in 1998, Money has no power in the end and is not relevant. the only shit storm I have seen has been coming from fans many being selfish at only thinking about "wheres the vault" who is getting that stuff, we want music, give us an answer. The man died, WE will never know what happened how it happened his personal life why he did things the way he did, plain and simple. What did we all want? I can gurantee if there was a WILL and he left it all to Larry and JW church, how would ya'll feel??? would you be pissed at him for giving it all away, for not giving to this or that. Just like in his life and now in death, PRINCE is never gonna please everyone, people will be bitching till they die. I can also gurantee that WHEN the Purple Rain reissue comes out people will moan and bitch if a mix is not right, if a track is not there, or why cant we get some TIME tracks or APOLLONIA 6 tracks. Prince's death exposed a lot of things and ONE was that some of his fans are really selfish and just need to get over themselves.

The estate is there and is what it is, Londell and some others will do what they need to do and what they would have felt needs to be done. And again I can say without a doubt if he had a will and someone was left out or say he said "NO VAULT TO BE RELEASED" what would everyone be saying??

Astasheiks said:

AFENI SHAKUR Smarter Than Prince..... TUPAC'S MONEY AND MUSIC PROTECTED

[Misleading thread title edit - luv4u]

Tupac's mother guarded his music and financial legacy in life, and TMZ has learned Afeni Shakur took extraordinary steps to do the same in death.

Afeni had set up a trust to control all of Tupac's music rights, and a rep for his estate tells us the paperwork is flawless. She also named the perfect executor, Tom Whalley -- former head of Warner Bros. Records -- to handle Tupac's valuable catalog.

We're told the trust is very specific about heirs, and the money is going to select charities and family. Afeni is survived by her sister, Gloria, and a daughter, Sekyiwa Shakur ... Tupac's half sister.

Her estranged husband, Gust Davis, is not mentioned in the trust -- so Tupac's money and music will be virtually untouchable in that divorce.

Interestingly, Tupac's mother was repped by attorney Howard King, who also worked with Prince years ago. He says Prince hated dealing with paperwork and rarely listened to advisors, but Afeni was the exact opposite -- which is why there shouldn't be any legal battles over Tupac's fortune.

http://www.tmz.com/2016/0...c-divorce/

hhhmm, Wow, something else, heehee

With the exception of his sister all Prince's family is pretty much gone. He had no spouse no children he was alone in life. I think people are so concerned about something they can't control anyway. If he left it all to TYKA everyone would be pissed, if he left it all to MAYTE we'd be saying what about SHELIA, stop bitching about this shit already. And yippie for 2pac all his money will go to his mom and relatives, hey cool for you, in the end both are gone doesnt make a whole lot of difference now.

lastdecember said:

Well here we go again with the WILL talk. ...

The estate is there and is what it is, Londell and some others will do what they need to do and what they would have felt needs to be done. And again I can say without a doubt if he had a will and someone was left out or say he said "NO VAULT TO BE RELEASED" what would everyone be saying??

Uh...you're preaching to the choir here. I don't believe there's a will, so it's a moot point to me. My point is that Prince has really bad at managing his business matters a lot of times, and it's evident through what we've seen him do and not do over the years, those close to him who have the same stories spanning decades, and even fans having to deal with poor practices through online ordering, etc. I ain't even going to mention the Crystal Ball fiasco, or fans still being owed their money back or their BRRR jacket they ordered, or any other merchandise never received.

I'm saying Prince could have really handled things better, but he didn't, and we know from many reliable people around him that he never cared to because 'don't think about death' 'live in the moment' blah blah blah.

TrivialPursuit said:

lastdecember said:

Well here we go again with the WILL talk. ...

The estate is there and is what it is, Londell and some others will do what they need to do and what they would have felt needs to be done. And again I can say without a doubt if he had a will and someone was left out or say he said "NO VAULT TO BE RELEASED" what would everyone be saying??

Uh...you're preaching to the choir here. I don't believe there's a will, so it's a moot point to me. My point is that Prince has really bad at managing his business matters a lot of times, and it's evident through what we've seen him do and not do over the years, those close to him who have the same stories spanning decades, and even fans having to deal with poor practices through online ordering, etc. I ain't even going to mention the Crystal Ball fiasco, or fans still being owed their money back or their BRRR jacket they ordered, or any other merchandise never received.

I'm saying Prince could have really handled things better, but he didn't, and we know from many reliable people around him that he never cared to because 'don't think about death' 'live in the moment' blah blah blah.

Um. Speaking of which...

I never got mine and I never got a refund either. I mad my peace with it ages ago though...As far as I'm concerned it's all a part of my history and memories as a long-standing P fan.

Astasheiks said:

AFENI SHAKUR Smarter Than Prince..... TUPAC'S MONEY AND MUSIC PROTECTED

[Misleading thread title edit - luv4u]

Tupac's mother guarded his music and financial legacy in life, and TMZ has learned Afeni Shakur took extraordinary steps to do the same in death.

Afeni had set up a trust to control all of Tupac's music rights, and a rep for his estate tells us the paperwork is flawless. She also named the perfect executor, Tom Whalley -- former head of Warner Bros. Records -- to handle Tupac's valuable catalog.

We're told the trust is very specific about heirs, and the money is going to select charities and family. Afeni is survived by her sister, Gloria, and a daughter, Sekyiwa Shakur ... Tupac's half sister.

Her estranged husband, Gust Davis, is not mentioned in the trust -- so Tupac's money and music will be virtually untouchable in that divorce.

Interestingly, Tupac's mother was repped by attorney Howard King, who also worked with Prince years ago. He says Prince hated dealing with paperwork and rarely listened to advisors, but Afeni was the exact opposite -- which is why there shouldn't be any legal battles over Tupac's fortune.

http://www.tmz.com/2016/0...c-divorce/

hhhmm, Wow, something else, heehee

KEY WORDS: Tom Whalley -- former head of Warner Bros. Records

Is that not the same Warner Bros Records that was suppose to finally give Prince back all of his masters?!? Excuse me, but I smell "conspiracy" right off the back.

And BTW, did Warner Bros have any role concerning the locksmith that was hired to drill open Prince's vault?!?

lastdecember said:

Astasheiks said:

AFENI SHAKUR Smarter Than Prince..... TUPAC'S MONEY AND MUSIC PROTECTED

[Misleading thread title edit - luv4u]

Tupac's mother guarded his music and financial legacy in life, and TMZ has learned Afeni Shakur took extraordinary steps to do the same in death.

Afeni had set up a trust to control all of Tupac's music rights, and a rep for his estate tells us the paperwork is flawless. She also named the perfect executor, Tom Whalley -- former head of Warner Bros. Records -- to handle Tupac's valuable catalog.

We're told the trust is very specific about heirs, and the money is going to select charities and family. Afeni is survived by her sister, Gloria, and a daughter, Sekyiwa Shakur ... Tupac's half sister.

Her estranged husband, Gust Davis, is not mentioned in the trust -- so Tupac's money and music will be virtually untouchable in that divorce.

Interestingly, Tupac's mother was repped by attorney Howard King, who also worked with Prince years ago. He says Prince hated dealing with paperwork and rarely listened to advisors, but Afeni was the exact opposite -- which is why there shouldn't be any legal battles over Tupac's fortune.

http://www.tmz.com/2016/0...c-divorce/

hhhmm, Wow, something else, heehee

With the exception of his sister all Prince's family is pretty much gone. He had no spouse no children he was alone in life. I think people are so concerned about something they can't control anyway. If he left it all to TYKA everyone would be pissed, if he left it all to MAYTE we'd be saying what about SHELIA, stop bitching about this shit already. And yippie for 2pac all his money will go to his mom and relatives, hey cool for you, in the end both are gone doesnt make a whole lot of difference now.

Wrong! I would have happy if that kind of justice was served. Leaving anything to Tyka Nelson, THE only living member of the immediate family of John L. & Mattie Nelson, would have been the right thing to happen. But Minnesota state lawmakers and judges disagree, hence why AND how all of the half-siblings ended up as heirs along with Tyka.

At the end of the day, we all need to accept the fact that Prince's biggest career f*** up was that he NEVER had a will. Period. Point bland. End of a sad story.

TonyVanDam said:

lastdecember said:

With the exception of his sister all Prince's family is pretty much gone. He had no spouse no children he was alone in life. I think people are so concerned about something they can't control anyway. If he left it all to TYKA everyone would be pissed, if he left it all to MAYTE we'd be saying what about SHELIA, stop bitching about this shit already. And yippie for 2pac all his money will go to his mom and relatives, hey cool for you, in the end both are gone doesnt make a whole lot of difference now.

Wrong! I would have happy if that kind of justice was served. Leaving anything to Tyka Nelson, THE only living member of the immediate family of John L. & Mattie Nelson, would have been the right thing to happen. But Minnesota state lawmakers and judges disagree, hence why AND how all of the half-siblings ended up as heirs along with Tyka.

At the end of the day, we all need to accept the fact that Prince's biggest career f*** up was that he NEVER had a will. Period. Point bland. End of a sad story.

But again i really don't see what the concern is with WHO gets anyones money. Who really cares, the FACT is that because he has property that property still has to be paid for which means most of his money is going on that stuff, that is just the law regardless of who he might have been thinking of leaving things too. And also do we even know his relationship with TYKA all these years, yes they are blood but lets be real we all have blood relations we never see or care to see. The fact is that if ONE would have been named in charge or getting all the money then we'd be in court now. If Prince would have left music to TYKA that say he recorded with Shelia, then I can bet down the line Shelia would be sueing for a cut. Everytime someone has a WILL it is challenged, in this case, what is there to challenge? Can't challenge what ain't there, I honestly feel that Prince really did not give a crap about this stuff, I know that sounds harsh, but I really do not think he cared too much about finances other than ownership of his masters which he got control of and now all that stuff is decided and it's being handled. Bad business man most musicians are, examples The Beatles, Billy Joel robbed twice by managers was broke as of 1993, Elton John in the first 10 years of his career, Queen up till the 6th album they had sold a few million and sold out tours and had no money now they are the wealthiest band ever, Toni Braxton, TLC, etc....they all suck at it. In the end just give me the music cause I know I aint getting their cash so whats the big deal.

At this point, it is what it is. Why do people keep harping on the lack of will thing. If he did a will and left Tyka and the half sibblings with the money/etc and they make decisions that the fans don't like, it would be a issue. What if he left a will and stated don't release any vault materials and destroy it, what would people say? There was a big battle beween J. Howard Marshall son with Anna Nicole Smith and omitted a son over the will. Will or no will, when you die you lose all control you had on Earth. Prince could have left a will but it is up the heir on how they hanlde the estate. It's just crazy at this point. I also like to add if Prince was not prolific like he was it would be nothing to demand or accept.

TrivialPursuit said:

lastdecember said:

Well here we go again with the WILL talk. ...

The estate is there and is what it is, Londell and some others will do what they need to do and what they would have felt needs to be done. And again I can say without a doubt if he had a will and someone was left out or say he said "NO VAULT TO BE RELEASED" what would everyone be saying??

Uh...you're preaching to the choir here. I don't believe there's a will, so it's a moot point to me. My point is that Prince has really bad at managing his business matters a lot of times, and it's evident through what we've seen him do and not do over the years, those close to him who have the same stories spanning decades, and even fans having to deal with poor practices through online ordering, etc. I ain't even going to mention the Crystal Ball fiasco, or fans still being owed their money back or their BRRR jacket they ordered, or any other merchandise never received.

I'm saying Prince could have really handled things better, but he didn't, and we know from many reliable people around him that he never cared to because 'don't think about death' 'live in the moment' blah blah blah.

Prince did what he wanted to do, just like everybody else. If he didn't want to think about death and live in the moment so what?