Prince Had No Will, Bank to Oversee His $250 Million Estate

Prince_Will_divorcecourt
A Minnesota judge has confirmed that Prince did not have a legally binding will to distribute his estimated $250 million estate, reported People.

On Wednesday, the judge put Bremer Bank in charge of overseeing the late singer’s business and personal finances.

Prince had a working relationship with Bremer Bank as they handled his money while he was still alive.

According to court documents, The Bremer Trust will “preserve the estate and to secure its proper administration until a general Personal Representative is appointed by the Registrar or by the Court.”

The trust will be responsible for rounding up all of Prince’s heirs, which include his sister Tyka Nelson and five other half-siblings.

Prince was unmarried at the time of his death and had no living children.

So far there hasn’t been any family drama, but let’s hope things don’t get ugly.

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