Tami LaTrell is an established multiplatinum songwriter, music industry consultant, and she's also the Regional Content Editor at Interactive One for Radio One Houston and Atlanta, Richmond, Raleigh, and Charlotte markets. Follow her on Twitter: @tamilatrell IG: @tamilatrell and Facebook.com/tamilatrellfans!
It’s been more than a minute since all of Prince’s siblings have come together, but on Monday, May 2, Prince’s only full-blooded sibling and sister Tyka Nelson and four of his half-siblings met in court for a hearing concerning his reported $300 million estate.
Because Prince had no children and still no WILL, it looks like the siblings will slip his acquired assets equally, which includes not only cash, but property as well as his many songs that have not been released that currently sit in “the vault.”
During the hearing the singer’s 55-year-old sister was officially appointed the “special administrator” and will handle Prince’s estate.
In the meantime, the search for a Will continues.
The judge in the case, Judge Kevin W. Eide also stated that the heirs involved have “agreed to openly communicate with each other and to have regular communication. “None of us has a crystal ball,” the judge said. “We don’t know what claims will be made, but we will address those as they come.”