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Prince's family has reportedly decided to leave his multi-million dollar estate in the hands of a special administrator.
Prince’s family has reportedly decided to leave his multi-million dollar estate in the hands of a special administrator.
As his grieving loved ones, and the world, continues to mourn the music icon’s sudden passing, the question of what would happen to his estate given that no living will has been located has been a looming topic of discussion. Several of Prince’s family members appeared at a court hearing on Monday morning to determine who would retain control of his remaining assets, according to CNN reports. The hearing lasted roughly 10 minutes, as each of his remaining siblings, except his half-brother John Nelson, had previously signed off on documents giving Berner Trust Company consent to manage his estate.
Remembering Prince’s Reign as a True Fashion Icon
Among those in attendance for Monday’s hearing was Prince’s sister Tyka Nelson, along with his half-siblings Jackson, Sharon Nelson, Norrine Nelson and Omarr Baker. Berner Trust will reportedly continue searching for a will as they simultaneously continue with proceedings connected to the handling of Prince’s estate.
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