The music world has recently been shocked over the tragic passing of Prince. It is currently not clear if the musician had a will. There is a lot of speculation over how his estate will be divided. Prince did not have any children and both his parents had previously passed away. If Prince did not have a will then his estate might have to be divided in accordance with Minnesota intestacy laws. “Minnesota law states that his estate would go to his sister and his half-siblings, according to estate planner Danielle Mayoras, author of “Trial and Heirs,” a book about highly publicized battles over celebrities’ fortunes.” The estate is probably going to be very large and there will be years of income generated from the royalties off the music that he has produced.
See David Goldman, Who gets Prince’s millions?, CNN, April 25, 2016.
