A Judge Confirms Prince Didn’t Leave A Will, Appoints A Trust To Temporarily Oversee His Estate
Yesterday it was brought to our attention that Prince might have passed on to the great purple beyond without leaving a will behind after Prince’s sister Tyka Nelson filed papers asking a court to appoint a special administrator to look after his estate. In the papers, Tyka claimed Prince didn’t have a will that she knew of, and suggested that a company called Bremer Trust take over. Page Six says that a hearing was held earlier today and a Minnesota judge has confirmed Tyka’s suspicions that Prince didn’t make a will (although I feel like it should technically be called a “would“, since there is never any question when it comes to Prince).
The judge has also accepted Tyka’s request that Prince’s estate be taken care of by the professionals at Bremer Trust. That is, unless someone comes forward with a secret will that was found hidden under the false bottom in one of Prince’s jewelry boxes. In the event that doesn’t happen, Bremer Trust will act as a special administrator for Prince’s estate for the next six months or until a personal representative is appointed.
TMZ says that Tyka requested Bremer Trust because Prince did business with them for years and – no pun intended – trusted them. Bremer’s responsibilities will be to manage and supervise Prince’s assets, and determine who his heirs will be. As for that whole thing about appointing a personal representative, nobody knows whether that will be Tyka or another one of his siblings. TMZ did mention that Prince’s half brother Omarr Baker was also present at the hearing this morning, so who knows.
Whoever takes over from Bremer Trust might have their work cut out for them. According to TMZ, Prince’s finances were a little bit of a mess. They claim that in the past five years, it was almost impossible to get Prince to sign anything because he was paranoid about putting his name to something he’d later regret. They also say he supposedly went through a lawyer a year. Okay, but I don’t see how that’s a bad thing. Prince was probably on a quest to find a lawyer that met his strict standards of opulence. A suit from Brooks Brothers and a funky tie just isn’t going to cut it.
Pic: Wenn.com