Cocoa Lounge
[Login ]
0 Members and 1 Guest are viewing this page
Go To Bottom
Printable Version | Subscribe | Add to Favorites  
Author: Subject: Prince's Heirs declared by Judge, a sister and 5 half-siblings
JrHagler
Supreme Member
******




Posts: 4342

Registered: 3.19.2004

Member Is Offline


Mood: No Mood

[*] posted on 5.20.2017 at 12:04 PM
Prince's Heirs declared by Judge, a sister and 5 half-siblings


The singer died in April 2016 at his Paisley Park studios, from an accidental overdose of the painkiller, Fentanyl.

He did not leave a will and did not have any children.

Reports place the value of his estate at around $200m (153m), though taxes will likely absorb around half of that.

In a protracted legal battle, as many as 45 people have staked a claim to the fortune, including a prisoner in Colorado who wrongly claimed to be Prince's son.

Last July, a judge rejected claims by 29 would-be heirs, and ordered genetic tests to be carried out on others.

Prince's assets include properties and the rights to his music, including hits like Let's Go Crazy and When Doves Cry, and previously unreleased material.

District judge Kevin Eide said that those people denied the status of heirs must have time to appeal against the ruling.

As a result, Prince's sister, Tyka Nelson, and five half-siblings - Sharon Nelson, Norrine Nelson, John Nelson, Omarr Baker and Alfred Jackson - must wait another year to get their share of the millions.

The music icon's estate has struck deals to make his albums available by streaming, and is planning a series of releases including a remastered Purple Rain album, two albums of unreleased tracks, and two concert films.

source:
http://www.bbc.com/news/world-us-canada-39984637
View user's profile View All Posts By User U2U Member


  Go To Top


Powered by XMB 1.9.8 Engage Final SP2
Developed By The XMB Group © 2001-2008
Black Female Celebrities
Modifications installed by XMB Garage © 2004-2008
[Queries: 19] [PHP: 92.4% - SQL: 7.6%]