Prince's legacy in terms of money and fortune continues to battle on and has reached the court. The money and fortune that Prince has acquired in his lifetime is now up for grabs and the judge ruled that "no will left" claim is affirmative.
According to People, "A Minnesota judge has made it official despite Prince's estate being worth an approximated $250 million, the singer did not have a will in place to declare the distribution of his assets."
It appears that the judge has approved Bremer Bank, the institution Prince trusted with his finances over the years, to move forward with handling his estate both personal and financial business and Bremer Trust has been tasked to preserve the estate and to secure its proper administration until a general Personal Representative is appointed by the Registrar or by the Court, according to the same post.
Prince's sister Tyka said, "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." More report from Star Tribune revealed, "Lawyers who handle intellectual property and estate planning for other superstars say it may take years to determine the estate's value and there's a possibility that the public may never know."
Moreover, Laura Zwicker, who represents individuals with more than $100 million in assets for the Greenberg Glusker law firm in Los Angeles, said "The will would be irrelevant if the trust was created and funded during his lifetime. Everything would remain private. Values would remain private. Disposition of assets would remain private, his wishes would remain private."
Although Prince' money and fortune eludes the crowd, Prince legacy will always resonate through time.
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