CHASKA, Minn. — A Minnesota judge on Monday confirmed the appointment of a special administrator to oversee the settlement of Prince’s estate.
Carver County District Judge Kevin Eide formalized his appointment last week of Bremer Trust to handle matters involving the estate of Prince, who died last month at age 57.
Prince’s sister, Tyka Nelson, requested the appointment, saying the superstar musician had no known will. At Monday’s hearing, Eide asked the packed courtroom whether anyone knew of a will, and the courtroom was silent.
The hearing didn’t address how long the estate may take to settle or how much it is worth. His property holdings alone in Minnesota were worth about $27 million, but music industry experts say his earnings after death are likely to be far more.