Tuesday, 26 April 2016

Prince Died Without A Will Who Should Inherit His Fortune?

Multiple sources who have worked with Prince as recently as 2014 said that the late singer prince did not have a will. Of course it's possible in the last year or so Prince had a change of heart and drafted one, but all of TMZ sources say based on his history with them that's highly unlikely. Prince's estate is worth somewhere south of $150 million.
Sources say various professionals raised the issue of a will with Prince but he never had an interest in drafting one. 
It appears Prince died without leaving a will as a result his six siblings even the half brothers and sisters could split a fortune.

TMZ contacted various people, including family members, and they all say they have not seen a will and so far no one has come forward with one.
If Prince did indeed die without a will, under Minnesota law his siblings the closest living relatives would share equally in his estate. Prince had 8 brothers and sisters, and only Tyka was a full sibling. 

People have assumed Tyka who has taken the reins would get everything, but that's not the case. In Minnesota half siblings and full siblings are treated exactly the same when it comes to inheritance without a will ... they all share equally.


Two of Prince's siblings are dead, leaving 6. There's one catch. If the deceased siblings had kids, they would be entitled to the same share as their parent.


2 comments:

  1. HIS FULL SIBLING SHOULD INHERIT HIS WEALTH

    ReplyDelete
  2. This is why is good to have children even if is one

    ReplyDelete