Prince did not leave a will, sister says
On Tuesday, Prince's only full sibling, sister Tyka Nelson, told a Minnesota court that as far as she knows, Prince never made a will. “I do not know of the existence of a will and have no reason to believe that the decedent executed testamentary documents in any form,” she said in court documents. She asked a Carver County probate court in Minneapolis to appoint a special executor to oversee the settlement of Prince's affairs, and place a corporate trust company, Bremer Trust, to act as emergency administrator in the meantime.
Nelson said she does not know how much money Prince had, only that he left "substantial assets." The rock legend owned $27 million worth of property in and around Minneapolis, according to public records, and he earned hundreds of millions from touring and selling records over his career. Still, The Associated Press suggests that Prince did not have all that much cash on hand.
Prince did not have a wife or known children, and his parents are dead, so under Minnesota law, if no will turns up, his assets will be divided among his siblings, including half-siblings. In the court document, Tyka Nelson listed five living half siblings — John Nelson, Norrine Nelson, Sharon Nelson, Alfred Jackson, and Omar Baker — plus a deceased half sister, Lorna Nelson. In the MSNBC video below, legal correspondent Ari Melber explains that Prince may have filed a will in secret, and Prince also changed lawyers and managers fairly frequently. "I really can't believe in the short time since he died that they made a thorough search," University of Minnesota law professor Judith Younger tells AP. Peter Weber
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.
-
Donald Trump, Greenland and how to buy an island
The Explainer US 'ownership and control an absolute necessity' says Trump even as PM states North Atlantic island 'not for sale and will never be'
By The Week UK Published
-
How to map out your financial plan for this year
The Explainer Stay on track to meet your short- and long-term goals
By Becca Stanek, The Week US Published
-
5 gripping books to read this January
The Week Recommends A metafiction about artificial intelligence, a battle over land ownership in the American West and more
By Theara Coleman, The Week US Published
-
Biden expected to block Japanese bid for US Steel
Speed Read The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns
By Peter Weber, The Week US Published
-
Judges block $25B Kroger-Albertsons merger
Speed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
By Peter Weber, The Week US Published
-
Rupert Murdoch loses 'Succession' court battle
Speed Read Murdoch wanted to give full control of his empire to son Lachlan, ensuring Fox News' right-wing editorial slant
By Peter Weber, The Week US Published
-
Bitcoin surges above $100k in post-election rally
Speed Read Investors are betting that the incoming Trump administration will embrace crypto
By Peter Weber, The Week US Published
-
Enron mystery: 'sick joke' or serious revival?
Speed Read 23 years after its bankruptcy filing, the Texas energy firm has announced its resurrection
By Peter Weber, The Week US Published
-
US charges Indian tycoon with bribery, fraud
Speed Read Indian billionaire Gautam Adani has been indicted by US prosecutors for his role in a $265 million scheme to secure solar energy deals
By Peter Weber, The Week US Published
-
Boeing machinists approve contract, end strike
Speed Read The company's largest union approved the new contract offer, ending a seven-week strike
By Peter Weber, The Week US Published
-
US economy still strong in final preelection report
Speed Read It grew at a solid 2.8% annual rate from July through September
By Peter Weber, The Week US Published