Heirs Of Prince’s $250M Wealth Still Being Located Amid Absence Of Will
While there have been no known will for the almost $250 million worth of wealth left by rock icon Prince, his heirs are still being located until this time.Advertisement
In its report, People revealed that based on the court documents they have gathered, the judge appointed Bremer Bank to continuously handle his personal and financial business after a court hearing on Wednesday morning.
It was noted that the late “Purple Rain” artist entrusted his finances with the bank over the years. Thus, it will remain so while doing such task, considering that the singer did not sign a will of testament when it comes to the distribution of his assets.
Amid the situation following the demise of Prince, the court documents pointed out that Bremer Bank was tasked to “preserve the estate and to secure its proper administration until a general Personal Representative is appointed by the Registrar or by the Court.”
The report further disclosed that apart from managing the estate of the seven-time Grammy Award winner, the Bremer Trust was also instructed to locate his heirs, including his sister Tyka Nelson and five half-siblings.
In the meantime, CNN International reported that a certain type of pain killer, the prescription opioid medication, was allegedly found inside the “Around the World in a Day” performer’s home in Minnesota, as discovered by the police.
Accordingly, investigators have already brought in the United States Drug Enforcement Agency to help them out in the investigation relative to Prince’s death.
Meanwhile, the news outlet shared that Dr. A. Quinn Strobl of the Midwest Medical Examiner’s Office in Ramsey, Minnesota was already done with the four-hour autopsy on the well-loved singer’s body on Friday. However, results would only be out a few weeks from now.
It can be recalled that Prince was found unresponsive inside an elevator at his home and studio in Paisley Park, Chanhassen, Minnesota on April 21.