A new court filing estimates Prince’s estate to be worth approximately $200 million. This is the first time a specific estimate has been brought to the public. Prince’s six siblings are in line to inherit equal shares of his estate after taxes. Bremer Trust originally estimated the estate to be in ballpark of $100–$200 million after placing values on his catalogue, unreleased music, Paisley Park mansion, and other valuable assets. Bremer Trust also put out a memo noting the company’s fee at $90,000 per month, using a fee schedule based on the value of an estate. It is possible that the company is slightly devaluing the estate due to the looming tax bill. Ultimately, the final total of the estate will not be revealed until after more appraisals and taxing authorities value the estate’s worth.
See Prince’s Estate Is Worth at Least $200 Million, Court Filing Shows, Thanks to His Extensive Catalogue, Unreleased Music and Paisley Park Mansion, Daily Mail, December 1, 2016.
