Prince’s sister has filed documents in Minnesota probate court claiming that her pop legend brother did not leave behind a will.
You can read the documents filed by Tyka Nelson below:
With their parents deceased, Tyka is Prince’s closest living relative. The Daily Mail reports that, under Minnesota law, if Prince did not leave a will she stands to inherit his estate, worth hundreds of millions of dollars. Below is an excerpt from the relevant statute (the term intestate refers to cases in which there is no will):
524.2-103 SHARE OF HEIRS OTHER THAN SURVIVING SPOUSE.
Any part of the intestate estate not passing to the decedent’s surviving spouse under section 524.2-102, or the entire intestate estate if there is no surviving spouse, passes in the following order to the individuals designated below who survive the decedent:
(1) to the decedent’s descendants by representation;
(2) if there is no surviving descendant, to the decedent’s parents equally if both survive, or to the surviving parent;
(3) if there is no surviving descendant or parent, to the descendants of the decedent’s parents or either of them by representation;
The value of Prince’s estate has been estimated at $300 million, but that number is expected to soar in the years after his death. Owen Husney, Prince’s first manager, tells Reuters he values Prince’s music catalog at over $500 million.
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