Court Filings Suggest Prince’s Estate is Worth $200 Million
MINNEAPOLIS (AP) - A new court filing suggests Prince's estate is worth about $200 million.
It's the first time a specific estimate has emerged publicly from court proceedings following Prince's overdose death in April.
Since he left no known will, Prince's sister and five half-siblings are in line to inherit equal shares of the estate after taxes gobble up about half of it.
Bremer Trust is overseeing the estate. Early on, an attorney said the estate could be worth somewhere between $100 million and $300 million.
Based on the new filing, which includes the company's fee, Bremer Trust now puts the value of the estate at about $200 million. Two experts not connected with the case agreed with that conclusion.