Showing posts with label trust. Show all posts
Showing posts with label trust. Show all posts

Tuesday, May 17, 2016

Prince's Estate States Anyone Making Claims As A Relative Must Pay For Their DNA Test


Prince
 
This is a follow up to the May 10, 2016 Judiciary Report article "Over 700 People Have Come Forward Claiming To Be Related To Or The Mother Of The Children Of The Late Singer Prince" where the site stated, "These claims are costly and outrageous. Lawyers for Prince's estate and the administrator need to put their foot down, via making it plainly clear, if anyone files a fraudulent claim, they will be arrested and prosecuted. If they fail to get serious regarding these fraudulent claims, the estate will lose millions of dollars in trying to sort out baseless paternity and DNA claims." 


On Monday, May 16, 2016, the Bremer Trust, the court appointed administrators of the estate of the late recording star, Prince, has asked the judge in the case for approval, to order all individuals attempting to make a DNA claim as potential relatives of the singer, pay for their own genetic testing. This makes sense. Only people who have been lied to by a promiscuous parent or are mentally ill opportunists will pursue DNA claims when they realize they have to pay for it. This will weed out many false claims, saving the estate time and money.


In closing, just because you went to a Prince concert doesn't mean you are related to him. Just because your mama slept with a man that looked like Prince (probably an impersonator), doesn't mean he is your daddy. Please spare his family the harassment and emotional distress.  

STORY SOURCE

Prince No Free Rides for Wannabe Family ... If Estate Gets Its Way
 
5/16/2016 8:59 AM PDT - All the so-called "long lost" relatives of Prince should have to pay to prove they're truly the singer's blood ... according to the bank running his estate. TMZ obtained docs filed by Bremer Trust Bank ... and it's asking a judge to sign off on getting anyone who's "claiming a genetic relationship" to fork over the dough to cover DNA testing costs...
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Thursday, April 28, 2016

Court Appoints Administrator For Prince’s Estate While Police Seek DEA Help In His Death



Prince
 
Tyka Nelson, the sister of the late music legend Prince, who died last week, informed the court the late singer has no will for his vast estate. As such, the court appointed an administrator and established a trust today, which the Judiciary Report suggested yesterday (Reports Indicate Singer Prince Left No Will). Nelson states she and Prince’s half siblings should share the estate. They need to be careful, as Prince’s former label Warner Bros, is not to be trusted and will try to take what they are not entitled to in any measure. 

Local police in Minnesota are also requesting the assistance of the Drug Enforcement Administration (DEA) as prescription painkillers were found in Prince’s home, Paisley Park, where he died. Sites such as TMZ are speculating Prince died from a prescription pill overdose. I don’t think Prince meant to overdose. Sometimes when people are sick or in pain from injury, they take more and more painkillers or flu medicine in trying to feel better and end up accidentally overdosing (leading to heart attack, respiratory failure or deadly seizure). 
A friend of my family died a few years ago from a heart attack. He was a famous producer with two recording studios, a label, homes, a store and a copyrighted catalog of works. My dad, a musicologist and radio personality, used to tell him to get a will, as he knew so many people in the music industry that passed away from old age, disease, accidents ect. The producer died without a will. It led to a fierce legal battle in two countries, mainly in Britain, as his heirs retained attorneys regarding his assets. So much money has gone to legal fees. It’s a very difficult process when there is no will. 

Many label owners, producers and songwriters do not have wills. It’s a bad habit in our trade. Many label owners, producers and songwriters keep much of their business dealings and practices in their heads. If one dies, it can create protracted legal battles in trying to sort out matters concerning their estate. I would advise company owners, production talent, entertainers and athletes to maintain a proper will. Yes, it is morbid and a pain in the backside, but necessary to protect the ones you love after you are gone and will save your heirs additional legal fees and court related distress.


 
STORY SOURCE

Prince's Death: Local Investigators Ask for DEA's Help on Case

The county sheriff investigating the death of Prince is asking for help from the Drug Enforcement Administration, federal law enforcement officials told NBC News on Wednesday. The officials say prescription painkillers were found in his possession when he died and in his house near Minnesota, though officials have yet to say what role, if any, those medications may have played in his death. 

An autopsy was conducted last week, but the medical examiner said it would take weeks before the cause of death would be disclosed. The DEA's role, officials say, will be to determine such things as where the medications came from, and what prescriptions Prince had obtained. DEA agents often check those records in death investigations. Some of his friends have said he took the painkiller Percocet to relieve pain in his hips — the result of years of jumping during performances... 
Court appoints Prince estate administrator, sets first hearing date

Maria Puente, USA TODAY 3:10 p.m. EDT April 27, 2016 - The legal machinery assigned to figure out what to do about the late Prince's estate started up Wednesday: A judge assigned a special administrator to the case and set a first probate hearing date for next week. Acting on a petition from Prince's sister, Tyka Nelson, Judge Kevin Eide, a district court judge in Carver County, Minn., signed orders appointing Prince's longtime bank, Bremer Trust, National Association, as a special administrator to secure and preserve the estate until a "personal representative," or executor, is appointed by the court.
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