Prince's siblings already fighting barely a week after his death

[KamaAina]

http://www.mercurynews.com/breaking-news/ci_29829693/princes-siblings-already-fighting-barely-week-after-his

Prince's six siblings are already fighting over his money, barely a week after his death.

Prince's sister Tyka Nelson -- who went to a judge earlier this week to try sorting out the "Purple Rain" artist's finances after it was revealed he didn't leave a will -- reportedly walked out of a meeting Thursday with her five siblings.

According to TMZ, the meeting lasted nearly two hours, during which Prince's brother Alfred supposedly confronted Tyka over her decision to exclude him from Prince's April 23 memorial service....

Meanwhile, police issued a search warrant at Prince's Paisley Park estate on Thursday. There's speculation that Prince's death is being investigated as if drugs were involved.

This is what it sounds like when doves cry...

[Journeyman]

1. Ah, money . . .it doesn't change, it merely reveals . . .

[misterhighwasted]

3. Thank you. This^

.

[CincyDem]

6. Money - makes good people better and bad people worse. n/t

[jberryhill]

9. They have some important decisions to make as a group

It's not surprising that there would be different views among them as to how to best proceed.

[Eleanors38]

24. "You lovin' gives me such a thrill, but your lovin' don't pay my bills."

[misterhighwasted]

2. This is what being worth near a billion $$$ & having NO WILL sounds like.

Its all up for grabs. Family, friends, coworkers, strangers, & attorneys....everyone's getting an attorney.
Sad.

[trotsky]

7. And the saddest part of it all...

is that Prince was an incredible philanthropist, and since he (evidently) didn't do any estate planning, there will be no ongoing program to continue funding the things he did. So many lives he touched and improved, but now that's over.

[jberryhill]

8. We don't yet know whether he had a will

He was married and divorced twice. If, consistent with his reported business sophistication, there were pre-nups involved in those marriages, then it strikes me as highly unlikely that he would not have maintained a will.

The initial filing in this case - which makes perfect sense - was made by his full sister to request appointment of an administrator, because the business still needs to run in the meantime. Her filing was made on the basis that no will has been found. That does not necessarily mean there is "no will", but merely that she is not aware of one.

For all we know, the Jehovah's Witnesses might come up with one before long.

The most important thing to remember about wills is that where there is a will, you want to be in it. What we really need to make this thing complete would be for someone to come forward claiming to be either his unacknowledged child, or the child of one of his deceased half siblings. When that happens, get the popcorn.

[Democat]

10. The Estate of Gil Scott-Heron

https://en.wikipedia.org/wiki/Gil_Scott-Heron#Scott-Heron.27s_estate

[jberryhill]

12. I guess the DNA stuff makes that a lot harder now

Okay then, the unacknowledged adopted child of one of his deceased half-siblings, then.

[misterhighwasted]

27. Judge confirms, No Will, appoints Bank to oversee the estate

WEDNESDAY APRIL 27, 2016 03:45 PM EDT

A Judge Confirms Prince Did Not Have a Will, Appoints His Bank to Oversee His Estate

This is all I know or care about it. Guess the bank will oversee the fortune from here on.
It will be years before its settled, anyway.

http://www.people.com/people/mobile/article/0,,21002891,00.html

[jberryhill]

30. All that means...

...is that no one has come forward with one yet, and that the court has affirmed that none of the apparent intestate heirs are aware of one.

If someone else has one, they have time to come forward with it. The court and the parties at this time would have no reason to know of its existence. But the important thing is to get the assets into the hands of a trustee for management at this time.

[misterhighwasted]

32. I see. okay then

Its a mess either way

[hamsterjill]

4. Some of these are "half" siblings.

While I don't think that makes a difference legally, I'm sure it makes a difference in the family setting.

I hope they can sort through this privately. There has already been way too much public attention placed on how Prince died, etc. Obviously, the man was living in paid. Enough said in my opinion.

[KamaAina]

17. All of them are except Tyka.

For whatever that's worth.

[bjo59]

5. I didn't find anything in that article presenting evidence that they

are fighting over money even though the headline and opening lines of the report make this claim. All I saw was that one of the half brothers was upset he didn't get invited to the memorial service. It's the same strategy news outlets use in their political reporting as well. Wonder if they teach this in "journalism" school?

[ReRe]

11. Money changes people...

... sometimes in the blink of an eye. So sad if they are already showing signs of greed/jealousy. They need to be holding each other tight and realizing how lucky they were to have such a one-of-a-kind brother. The money issue is going to take years to settle out, so they might as well relax and go about life as best they can.

[louis-t]

13. I would be more surprised if they weren't fighting.

[Paladin]

14. If Prince didn't leave a will, they might as well not fight.

Ultimately, the distribution of his estate will be governed by the laws of court-administered intestate succession.

Funny how a guy who was so detail-oriented in his vast output of music, a smart guy with lots of money, wouldn't see to the preparation of a will.

[PowerToThePeople]

15. This is what "fighting for free stuff" actually looks like.

Sad



edit - this is also why I think there needs to be a 100% inheritance tax.

[snooper2]

26. 100% inheritance tax? Yeah, that is going to fly

Wait, probably need more-

[PowerToThePeople]

31. Why wouldn't that fly?

Even the Republicons should approve of it, them and their bootstraps.

[TexasMommaWithAHat]

16. There's plenty of freaking money! Gosh, people are greedy.

This is so common when someone dies to see this happen. Ugh.

His money is supposed to be split among his siblings if he died intestate, by law, so it's not like someone is going to be left out!

[jwirr]

18. And what is sad is there is enough for all of them.

[cbdo2007]

22. Especially when you consider the full value of his music catalog.

I wouldn't be surprised if we start hearing Purple Rain in shampoo commercials and all sorts of stuff and like other celebrities who died, he could have the potential to be worth many times what they are fighting over now over the coming decades.

[jwirr]

33. I also heard there is a lot of unpublished work left.

[Blue_In_AK]

19. It's fairly surprising that someone with that large an estate

didn't leave a will. Is that a tenet of the Jehovah's Witness religion?

[joeybee12]

20. What took them so long?

Nothing brings out the worst in people than an inheritance to fight over.

[SheilaT]

21. Most people don't have wills.

And almost everyone should have one.

I'm pestering a friend of mine to make one, and she's just having a lot of trouble getting around to it. In her case it would be extremely simple. She owns her home, although there's a mortgage, and the usual personal property without a large amount of value. She has only one son, so there would be no heirs fighting over a distribution of things.

A couple of years ago my brother-in-law died suddenly with no will. It was a second marriage for both him and my sister, so it was even more astonishing to me that they'd not gotten around to drawing up wills in the thirteen years they were married. Since then, that sister has made a will, which is very good.

I updated mine recently, since I now live in a different state from the one the original one was made.

You don't have to have a lot of money, nor a lot of potential heirs to need a will.

For someone like Prince not to have one, not to have had good trust documents in place, is almost criminal.

[cbdo2007]

23. We don't have one for money, we just have one for who will take care of our small kids.

The money is pretty straightforward - it will go to the living spouse, and then to the kids, and then we really don't care as we don't have a significant amount.

We just created a will though for who will be the guardians of our kids, as that will have much more of an impact than who will get our measly financial stuff.

[SheilaT]

25. Excellent!

But you might want to throw in a clause for who gets what little you have if you all die at once.

I have a clause for the unlikely possibility that my two sons, both childless, predecease me.

[Eugene]

28. That's not all. An alleged son has come forward.

http://www.dailymail.co.uk/news/article-3563602/Minnesota-man-claims-Prince-s-love-child-music-icon-s-sister-reveals-no-requests-charge-brother-s-300million-estate.html

[REP]

29. An unexpected death can bring out the worst in people

When my mother died, people were crawling out of the woodwork with their hands out. The shock and stress of dealing with the estate was enough that even my brother and I, who are very close, got on each other's nerves. I'm reserving judgment on the siblings, who just lost their brother at a very young age. Yeah, they could be terrible people or they could be dealing with the probate system and other vultures during one of the worst times of their lives.

On edit: not really fair to vultures, who are beautiful in flight and perform a useful service. No one in the probate system or funeral industry really does much that is useful.