Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Friday, December 30, 2016

Prince's Trust Sells Four of His Properties

Paisley park2The trust controlling Prince’s estate has sold four of his properties—one house and three plots of land. All four properties are located in his hometown of Chanhassen, Minnesota, where they have a combined value of $1.34 million. Two of his properties, Paisley Park and his Turks and Caicos home, are not currently for sale. While these properties are in the final stages of sale, potential heirs are still waiting on the judge to decide who will inherit the late singer’s $300 million estate.  

See Jennifer Smith, Four of Prince’s Houses Are Sold as His Relatives Continue to Fight Over Who Will Inherit His $300m Estate, Daily Mail, December 30, 2016. 

 

https://lawprofessors.typepad.com/trusts_estates_prof/2016/12/princes-trust-sells-four-of-his-properties.html

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