Entertainment – Prince’s estate faces major legal challenges

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Since there has been no will found so far, the court will determine the heirs to Prince’s estate—but it is a huge challenge. This case will go under the probate court process to sort out Prince’s assets. This process is complex and there will be private investigators, depositions, and testimony. The time and cost for this case varies, but practitioners estimate that it could cost up to 7% of Prince’s estate and could take up to a year and a half to reach a decision. If Prince had any children and they are found, according to Minnesota law, the estate would belong to them and Prince’s 6 siblings would be entitled to nothing.

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