Prince’s Estate Administrators Get Greedy & His Family Is Pissed! See Why

Posted On : August 5, 2016

Well it looks like Prince’s siblings and fake children aren’t the only ones waiting to get a cut of Prince’s $300 million fortune, apparently Prince’s estate administrators are out to get their’s too.

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According to TMZ, the bank in charge of Prince’s estate is about to sell Prince’s infamous Paisley Park home and Prince’s siblings are pissed top the highest level of pissivity (not sure if that’s a real word, but you get what we’re saying). We don’t blame Prince’s family for being angry, the estate should sell some of Prince’s artwork, or maybe his living room set or something, but DON’T SELL PAISLEY PARK! What’s wrong witchu maaan?!!

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Inside Prince’s Paisley Park home

The family is reportedly about to fight the estate tooth and nail, until the administrators back down from Paisley Park. Here’s what was reported:

Via TMZ: Prince’s famous Paisley Park mansion could soon hit the open market, but there’s a legal beef brewing that might squash the whole thing … TMZ has learned. The bank managing Prince’s estate filed docs asking the court to let it sell a bunch of Prince’s properties, and Paisley Park is the clear gem on the list.

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Prince’s Paisley Park home

It’s not up for sale yet, but as the bank says in the docs … “The properties that the special administrator is currently anticipating will be sold, and the appraised value of same are listed in spreadsheet attached as Exhibit A.” The appraised value for the more than 60,000 square feet of Paisley Park is listed at just over $7 million — and the bank’s already hired a real estate agent.

This could get messy. Sources close to the family tell us Prince’s heirs will do everything they can to block the administrators from selling the legendary home and studio. We’re told they’d rather turn it into a museum. Stay tuned.

Rest easy Prince, your family and loved ones, got this…

-ILoveOldSchoolMusic, old school news with a new point of view

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