MINNEAPOLIS (AP) – Prince’s sister believes the superstar musician didn’t have a will and asked a Minnesota court to appoint a special administrator to oversee his multimillion-dollar estate, according to court documents filed Tuesday that could signal a looming fight over Prince’s assets.
Tyka Nelson, Prince’s only surviving full sibling, said in a court filing that immediate action was necessary to manage Prince’s business interests following his death last week. The documents don’t estimate how much his estate may be worth, but Prince made hundreds of millions of dollars for record companies, concert venues and others.
Nelson asked that Bremer Trust, a corporate trust company, be named administrator of the estate. The court documents say Bremer Bank provided financial services to Prince for many years.
Prince died Thursday at his famous Paisley Park complex in suburban Minneapolis, and he owned a dozen properties around the area, mostly rural land and some houses for relatives, worth about $27 million, according to public records.
But estimates of how much licensing his personal brand will bring in after his death reach to the purple clouds. The outpouring of grief and nostalgia prompted fans to buy 2.3 million of his songs in just three days.