Just days after the world lost another musical icon, Prince’s dearly beloveds gathered together to get through this thing called “probate.”
I’m Kathy Fettke and this is Real Estate News for Investors.
The artist formally known as Prince, who then became known as Prince again, the musical legend, known for his fight for creative freedom and creative sexuality, died suddenly last week at the young age of 57... breaking many hearts around the world.
He passed away unexpectedly and without a will.
Why would a celebrity with an estimated net worth of $300 million not have a will in place? Without a will, the estate goes to probate, which means a judge must decide how to distribute assets. Bremer Trust was chosen as the special administrator.
Prince, who was actually named Prince Rogers Nelson at birth, had been married twice and divorced twice, had no children and his parents are deceased.
Find out how he could have prevented his family from fighting for his estate and how he could have planned for the ideal use of his fortune.
For the full transcript, go to www.NewsforInvestors.com
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