Prince's Sister Tells Court Singer Did Not Leave A Will
Estate estimated to be worth hundreds of millions.
The younger sister of music legend Prince has told a court that the late singer did not a leave will behind, just days after speculation began as to what would happen to his estate, believed to be worth hundreds of millions of dollars.
As ABC reports, Tyka Nelson, Prince's only full sibling, is seeking an administrator for the estate estimated to be worth $US800 million and told a Minnesota court in a petition that Prince was survived by no spouse, parents or children.
"I do not know of the existence of a will and have no reason to believe that the decedent executed testamentary documents in any form," Nelson wrote.
read more→
Don't miss a beat with our FREE daily newsletter
Nelson has asked the court to appoint wealth management firm Bremer Trust to administer the estate, who have reportedly provided financial services to Prince for "a number of years".
The court filing comes just days after questions regarding Prince's estate were raised, with reports suggesting that the artist had up to 2000 songs locked away in a vault in his Paisely Park estate.
Meanwhile, Prince's former band The Revolution have confirmed they will be reuniting in honour of his death.
In a video posted to Facebook, the band which features Bobby Z, Brown Mark, Matt Fink, Wendy Melvoin and Lisa Coleman made the announcement.
"We have decided, after spending three or four days together now grieving over the loss of Prince, that we would like to come out and do some shows," Melvoin said.
The group formed in 1979 and featured on Prince's critically acclaimed 1984 album, Purple Rain.
More From Our Network
