The heirs to Prince’s fortune want his estate to pay up. According to The Blast, the music legend’s siblings, Norine, Sharon and John, filed legal documents in hopes of green lighting “payment for service and efforts provided to the Estate.”
The trio claims that while “others” have been compensated, they have yet to be paid after putting time and energy into “business matters” related to the estate, which is being run by Comerica Bank.
“As this Court is aware, the Estate has now been on-going for over three years,” the documents reportedly state. “In this time, millions have been paid to the Personal Representatives, their accountants, attorneys, and legal advisors.”
The heirs accused Comerica of making money decisions without notifying them, which the bank has denied. Last year, a Minnesota judge denied the siblings’ request to limit the bank’s power over the estate.
Prince’s brothers and sisters want a judge to force Comerica to compensate them so that they can get out of financial ruin, including paying legal bills.
The Purple One’s estate is worth an estimated $200 million (down from $300 million) since his death in 2016. Prince died without a will but a judge ruled that his estate would be split between his six half-siblings. His brother, Alfred Jackson, who was 1/6 of the estate heirs died in 2019. Last December, Prince’s sister, Tyka Nelson, sold off a chunk of her percentage of the estate to cover legal bills.