Prince Estate Administrator Receives New Court Directive
MINNEAPOLIS (AP) — A Minnesota judge has authorized the trust company that's overseeing Prince's estate to hire entertainment industry experts to help manage and preserve the deceased superstar's musical legacy.
In an order Wednesday, Carver County District Judge Kevin Eide turned down a request by a Colorado prison inmate who claims to be Prince's son to go slow until the court determines who Prince's legal heirs are. No will has surfaced since Prince died April 21 from an accidental overdose of the narcotic painkiller fentanyl.
Eide wrote that he intends for Bremer Trust "to take all prudent steps" to generate money from Prince's intellectual property, to raise funds for administering the estate and for paying estate taxes. So he says the company needs advice from industry experts to make the necessary business decisions.