A six-year-long legal battle over Prince’s estate has ended.
The IRS and estate administrators have agreed to value the estate at $156.4 million and all heirs to the estate have accepted.
Prince died in 2016 after an overdose of fentanyl and did not have a will, as such, the estate will be divided evenly between “the three oldest of the music icon’s six heirs or their families” and “Primary Wave” a New York Music company.
Prince estate is worth $156 million, ending long court fight – Minneapolis / St. Paul Business Journal
The estate of Prince Rogers Nelson finally has a dollar value to be split among his heirs, six years after the musician died and following a long legal fight between relatives, trustees and the Internal Revenue Service.