Prince’s sister takes legal action to divide brother’s fortune after musician died without will

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Prince's sister, Tyka Nelson, has sought help from the court after the "Purple Rain" hitmaker died without a will. Nelson filed an order to appoint a special administrator in Carver County, Minnesota to have Prince's assets divided to the heirs.

According to E Online,  Prince's sister named Bremer Trust, National Association as the special administrator because the late singer worked with the bank for several years.  Nelson added that the bank is knowledgeable about Prince's financial and business matters.  In this case, the special administrator will be in charged of Prince's assets and will be the one to find his heirs for a period of six months or until further notice.

"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,"  Nelson said.

Prince's sister listed the singer's half brothers and sisters as the probable beneficiaries to his estate.  She named John, Norrine, Sharon, Alfred, Omarr and herself, who are all siblings of the deceased, as the possible heirs.  TMZ noted that the documents mentioned Lorna as Prince's deceased half-sister, but not Duane.  According to the site, Duane was Prince's deceased half-brother. 

Under the Minnesota law, the estate will be automatically divided to the siblings if a person dies without a will.  Legally, the artist, who is also known as Jamie Starr, is regarded as "intestate" because he left no written will.

The order filed by Prince's sister explained why there's a need for a special administrator to the assets of the talented artist.  It says that Prince had "substantial assets consisting of personal and real property that requires protection" and that he has "heirs whose identities and addresses need to be determined."

It is uncertain, however, how much really is the exact value of Prince's estate. However,  it is assumed that the 57-year-old musician had amassed a substantial amount of dollars from his career.  His fortune includes a property worth around $27 million (£18.5 million).  Prince's first manager, Owen Husney, earlier had an interview to the Press Association via MIRROR where he expressed his concern on Prince's sister, who's a reformed drug addict, handling the icon's fortune that could fetch around $250 to $500 million.

As of the latest, Prince's family is still not open with their decision to convert Paisley Park into a museum.  Prince's cause of death is yet to be revealed as well in the coming weeks. 

Tags
Prince, Tyka Nelson, Purple Rain, will, Last will, legal action, fortune, assets, properties
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