Newly released court filings suggest that Prince‘s massive estate is worth $200 million — but will likely shell out a large amount in federal and state taxes, the Associated Press reports.
Based on a court filing involving Bremer Trust, the institution handling Prince’s finances, his estate has an estimated value of about $200 million, according to the AP, who calculated the estimate and confirmed the number with two estate law experts.
One lawyer for Bremer Trust initially said that Prince’s unreleased music, musical catalog, Paisley Park studio complex and other assets could be worth between $100 million and $300 million.
However, the...
Based on a court filing involving Bremer Trust, the institution handling Prince’s finances, his estate has an estimated value of about $200 million, according to the AP, who calculated the estimate and confirmed the number with two estate law experts.
One lawyer for Bremer Trust initially said that Prince’s unreleased music, musical catalog, Paisley Park studio complex and other assets could be worth between $100 million and $300 million.
However, the...
- 12/1/2016
- by Char Adams
- PEOPLE.com
What do you say about Purple Rain that hasn't already been said? Not only is it one of the greatest music films of all time, but it's one of the defining films of the 1980s and earned Prince an Oscar. The soundtrack spent nearly a full half-year at Number One on the Billboard charts, sold 20 million copies worldwide and won two Grammys. But as with all things Prince, that's not the full story. A number of truly excellent books and articles have been written about the making of Purple Rain, and we're here to share some of the best bits of them with you.
- 4/22/2016
- by Alex Heigl
- PEOPLE.com
It's an honor to be nominated and even better to win, but for viewers at home, one of the best things about the Grammy Awards is the dazzling - and often surprising - array of artists who come together for unique live performances. Remember Prince and Beyoncé bringing down the house with a funky rendition of "Purple Rain" on 2004's show? Or the Jonas Brothers teaming with Stevie Wonder last year? Don’t forget Radiohead's mind-blowing collaboration with the University of Southern California Trojan Marching Band. While the Recording Academy is likely drafting a wish list of presenters and performers...
- 12/16/2009
- by Brian Orloff
- PEOPLE.com
After triumphing for two years in a row, Jake Gyllenhaal is not the winner of our third annual AfterElton.com Hot 100 poll (see the results for 2007 here and 2008 here). So which out man did take the top spot? If you’re the kind of person who always burns their mouth biting into that piping hot chocolate chip cookie, you can just cheat and go here to learn who came in first place.
Here at AfterElton.com, we’re thrilled to announce an out gay man topped this year’s list – especially this particular man as most of us voted for him as well. In fact, out gay men snagged nearly 20% of the spots, including the top three. To be sure, we’ve nothing against our straight male crushes, but it says something great about 2009 that there are so many out men to choose from.
What we find almost as interesting...
Here at AfterElton.com, we’re thrilled to announce an out gay man topped this year’s list – especially this particular man as most of us voted for him as well. In fact, out gay men snagged nearly 20% of the spots, including the top three. To be sure, we’ve nothing against our straight male crushes, but it says something great about 2009 that there are so many out men to choose from.
What we find almost as interesting...
- 5/11/2009
- by dennis
- The Backlot
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