09/13/2017

Guess Which Estate is Still Open?

I expect we all remember when Prince passed away. You probably remember where you were when you heard the news, particularly if you are a Minnesota.

You may also recall Prince did not have a will. As I understand his estate, Prince had millions of dollars, a collection of songs, real estate, and other assets. In other words, his estate was unlike most residents of Centerville, Forest Lake, or Hugo.

Another way Prince's estate was unlike most people in Centerville or Hugo is that it is still open. Can you guess when Prince passed away? (HINT: Answer is at the bottom, but don't cheat!) Just this week the Court of Appeals issued a ruling on who constitutes an heir of Prince. There were apparently some folks claiming to be non-genetic children of Prince. For reasons unclear to me (and an apparent lack of common sense I'd say) they felt they were entitled to a portion of Prince's estate.

If your estate is unlike Prince's and you want it to get settled quickly (unlike Prince's), get a will.

credit Rolling Stone

The answer...April 21, 2016

The material contained herein is provided for informational purposes only and is not legal advice, nor is it a substitute for obtaining legal advice from an attorney. Each situation is unique, and you should not act or rely on any information contained herein without seeking the advice of an experienced attorney. All information contained in links are the property of the linked site.

Related Posts