Prince's sister, Tyka Nelson, has filed legal documents stating that she does not know if a will exists when it comes to her late brother.
Nelson filed documents in Prince's home town of
Minnesota on Tuesday, asking a judge to appoint a "Special
Administrator" since Prince himself didn't choose an executor to
administer his estate in a will.
"I do not know of the existence of a Will and have
no reason to believe that the Decedent executed testamentary documents
in any form," the document obtained by ET reads. "A Special
Administrator is needed because no Personal Representative has been
appointed in Minnesota or elsewhere."
Aside from Nelson, potential beneficiaries of
Prince's fortune include the "Purple Rain" singer's five half-siblings:
John Nelson, Norrine Nelson, Sharon Nelson, Alfred Jackson, and Omar
Baker. Prince's deceased half-sister, Lorna Nelson, is also named in the
document, though she left behind no children. According to Minnesota
state code, Prince's estate will be divided among his siblings, since he
didn't leave behind a living spouse, children, parents, or
grandparents.
"The Decedent left surviving no spouse; issue;
parents; brothers, sisters or issue of deceased brothers or sisters
other than those named in this petition," the documents read.
Nelson is requesting that the court make Bremer
Trust, National Association the Special Administrator in order to best
protect Prince's assets, since Bremer Bank provided financial services
to Prince for years and had knowledge of his personal and business
financial affairs.
Prince's net worth is reportedly near $300
million, with his song catalog alone being worth $100 million, according
to Bloomberg News. He had also signed a deal with Tidal for the
exclusive streaming rights to his songs prior to his death.
However, ET has also unearthed documents that show
Prince had liens against his Paisley Park property. Most notably, he
was subjected to a lien against his Paisley Park property in Chanhassen,
Minnesota, in 2013 for alleged federal back taxes owed from 2011.
Prince was slapped with a similar federal tax lien for Paisley Park in
2013 for taxes allegedly owed from 2009 and 2010. It's unclear how the
liens were resolved.
Prince's longtime collaborator and one-time fiancee, Sheila E., told ET that handling Prince's estate will be "a process."
"All of that is being worked out with the family and lawyers and attorneys," she said.
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