One is a military veteran.
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Bremer Trust will be in charge of Prince’s estate for up to six months, or until another administrator can be chosen.
Ever since last week, fans of the late great Prince have been talking about the sad feud that’s brewing between the singer’s surviving siblings over his fortune. But it wasn’t always so.
Musician Prince talks with Larry King.
This June 7, 1984 photo, Prince performs in Minneapolis.
Older half brother Alfred Jackson, 63, is a Vietnam veteran who served in the Air Force and then lived for many years at the St. Cloud VA Medical Center after being honorably discharged. The sibling attended the hearing to determine how the iconic musician’s assets will be handled. Tyka Nelson sat at a table between her two lawyers, while the four others sat side by side in the well, just behind their lawyers. The hearing lasted less than 15 minutes.
The one thing beside the vault that Jackson recalled as he made the emotional tour through Paisley Park? He said it was clear even in childhood that Prince was musically gifted. The actual valuation of Prince’s estate is closer to $100 million.
The singer, who died April 21 at age 57, leaving an estimated $300 million up for grabs, had no known will or trust, according to his sister Tyka Nelson.
Norrine Nelson and Sharon Nelson exchanged a hug in the courtroom, and family members chatted quietly.
The huge bank-style vault, to which only Prince knew the code, is apparently full of shelves stacked with hour upon hour of unreleased material – with various reports suggesting there is enough in there to release one album a year for the next century. The first hearing on his estate is Monday in probate court. According to public records, he lives in Kansas City.
Jackson and Prince have the same mother but different fathers. / AFP PHOTO / Patrick HERTZOGPATRICK HERTZOG/AFP/Getty Images (FILES) This file photo taken on February 4, 2007 shows United States musician Prince performing during half-time at Super Bowl XLI at Dolphin Stadium in Miami between the Chicago Bears and the Indianapolis Colts. She lost the case. This control, referred to as the “right of publicity”, could be worth just as much as the estate.
Prince’s half brother, John R. Nelson, was not in court, but an attorney for John said that he didn’t sign the consent form.
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The battle over Prince’s estate is heating up.
