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Without a will, what’s going to happen to Prince’s multimillion dollar estate




US singer and musician Prince (born Prince Rogers Nelson) performs on stage at the Stade de France in Saint-Denis, outside Paris, on June 30, 2011.
US singer and musician Prince (born Prince Rogers Nelson) performs on stage at the Stade de France in Saint-Denis, outside Paris, on June 30, 2011.
Bertrand Guay/AFP/Getty Images

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Who’s going to control Prince’s massive estate and music empire? That’s the question a lot of people are asking now that it’s been revealed that the singer might not have left a will.

His sister, Tyka Nelson,  today filed paperwork asking a Minneapolis court to appoint a special administrator to oversee his estate. It’s estimated to be worth as much as $300 million, according to the Los Angeles Times, including about $27 million in property and much more in royalties from more than 30 albums.

But there’s a chance that a will could still turn up.  Under Minnesota law, a person can file a will with probate court in secret. If Prince did so, the fact one exists would become public once a death certificate is filed, but the medical examiner has not yet issued one for Prince. An autopsy was conducted Friday and his remains were cremated Saturday.

With AP files

Guest:

Jeffrey P. Scott, partner at St. Paul, Minnesota, law firm Jeffrey P. Scott & Associates, which specializes in estate planning



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