Tuesday, August 02, 2016

Estate of Prince Seeking to Liquidate Assets


Property belonging to the late rocker Prince set to be sold...

According to reports the Estate of Prince has requested permission to begin liquidating real estate.

The rocker's portfolio includes the Paisley Park studios in Minneapolis, homes in Beverly Hills and New York and a massive 10 bedroom 10 bathroom Turks and Caicos estate the rocker never fully moved into.

Prince died without a will on April 21, 2016.

12 comments:

Anonymous said...

No museum? What about the Paisley Park museum?

Anonymous said...

Vultures are hovering...I see you Warner Bros

Anonymous said...

^^^Thank you both--the truth is coming out. This is what they've been wanting to do...and they killed him to do it. This is what they do to independent, talented black people. They use our gifts, turn us into slaves to their system, and then murder us to get what we've built.

He knew it. And now here we are...the veil has been lifted.

But we will love him forever; and we KNOW what they're doing.

Anonymous said...

I thought there was going to be a museum!!!! They're looking to eradicate his legacy and memory...Warner plays for keeps, don't they.

Anonymous said...

^^^And where the hell is his family!? Can't they get it together for once and establish a Trust, Charity, or Museum? I know he would have wanted some sort of inner city charity for runaway kids or struggling musicians of color. They really don't want any type of generational wealth for Black folks, huh?

PhxSun said...

I don't think he had much cash left which is probably why he left no will. The estate knows after they pay bills, taxes, lawyer fees and everyone else there won't be much left. I know he could still draw a crowd, but not to extent he used to so his income was not keeping up with his expenses. In general, when entertainers began appearing in guest spots on tv shows, presenting awards and speaking engagements there's usually a financial problem.

Anonymous said...

The estate wasn't in debt, so why liquidate anything? The estate can pay the Federal and State taxes, so why the rush to liquidate the real estate? Oh, I see. So his family/NOK can't use the money as they desire to create any kind of legacy for him. They really want us to forget about him and everyone on this thread is awake and can see it.

Anonymous said...

this is about paying estate taxes thats due at the end of the year. warner bros has nothing to do with this. his estate may owe half of its value in taxes, learn before you speak

Anonymous said...

@10:45 - I'd been wondering what was up with the TV appearances in later years. Didn't even know about New Girl until maybe a few months ago.

The King Of The Real said...

damn shame

Anonymous said...

I wonder how everything is going to go down with is unreleased music?
I heard he had so much unreleased music that they would be able to put out 1 song a month for the next 30 years
Smh, yeah, they got him

Anonymous said...

Mayte had started selling some of his things before his death, I wonder if she got paid good for them after his death. I think she really loved him.

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