Judge names heirs to Prince's $200 million fortune
19 May, 2017, 22:34
The judge's ruling also dictates how the assets will be distributed and he left the door open for appeals from parties who have claimed to be one of Prince's heirs.
Court filings suggest his estate is worth around $200 million, maybe more depending on the value of his musical legacy and his unreleased recordings.
More than 45 people filed claims to be Prince's family members in the wake of his passing a year ago, with some claims of heirship to be his wife, children, siblings or extended relatives still pending. More than 45 people filed claims to be Prince's wife, children, siblings or other relatives in the wake of his death.
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There are people who filed appeals after their claims of heirship were rejected.
The judge had previously said he wouldn't declare the siblings as heirs until those appeals had been decided.
But lawyers for Prince's siblings did not want to wait, saying further delays would have increased costs to the estate and impede its efficient administration. The siblings' attorneys didn't immediately reply to phone calls seeking comment.
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