Home Videos Photos Shop
PerezHilton CocoPerez Kim K. Justin Bieber Trump Taylor Swift PerezTV

All tag results for bremer trust

Is Prince's Home Going To Be Turned Into A Museum?!

Filed under: Music MinuteR.I.P.PrinceFor Reals Estate

Is Paisley Park getting the Graceland treatment?!

It looks like Prince's legacy might live on forever in his Minnesota home.

According to court documents, the late legend's Paisley Park abode might end up as a museum to the artist's iconic career.

Since the musician did not have a will, there were no specific plans for his massive mansion.

Related: Stars Pay Tribute To Prince On His Birthday

So, the administrator of his estate, Bremer Trust, is requesting to enlist experts "to provide advice and counsel on how to manage public tours of the grounds, facilities and buildings located at Paisley Park."

Looks like Paisley Park might wind up like Elvis Presley's Graceland!

On Wednesday, Judge Kevin Eide granted the bank permission to secure the services of entertainment experts, and noted that the trust might have to

Tags: , , , , , , ,

Permalink / Comment Here

Prince's Estate Administrator Orders DNA Test After Fears Of Phony Relatives Emerge!

Bremer Trust wants to be able to prove whether or not any claims are legit.

We wonder if this has anything to do with this new woman who's saying she's Prince's half sister…

Earlier this week, Darcell Gresham Johnston came out of the woodwork, claiming to be the late legend's long-lost sibling.

The artist's alleged half sister also filed legal docs, asking for her share of the hitmaker's fortune.

Related: Prince Reportedly Promised His Inner Circle He Was Fine!

And since the icon didn't leave behind a will after he died, Minnesota's laws declare that the star's siblings are entitled to his cash and assets, as they are his closest surviving relatives.

But now it looks like the administrator of the musician's estate is

Tags: , , , , , , , , , , , ,

Permalink / Comment Here

Judge Confirms Prince Didn't Have A Will — Here's What Happens Now!

Filed under: Legal MattersR.I.P.PrinceSad SadBusiness Blitz

Get the details.

It's official. Prince did not have a will.

On Wednesday, a judge confirmed that the music icon did not have a last will and testament in place before he tragically passed last week.

Sources have said in the past that the 57-year-old probably didn't draft the legal document because he allegedly struggled with serious paranoia.

Related: Prince's Longtime Lawyer Slams Overdose Rumors

And as a result, the magistrate declared that all of the singer's assets will be distributed among all his siblings, who are his heirs according to Minnesota law.

While the artist's sister Tyka Nelson has filed papers to be the "special administrator" of the hitmaker's estate, the judge ruled that the late legend's bank, Bremer Trust, will serve as the administrator, at least for now.

However, Bremer will only hold the position for six months. After that, a personal representative can claim the title. So, Tyka could still have her chance in half a year.

If the songsmith's other relatives throw their hats in the ring, it could get complicated. And since the performer's brother, Omarr Baker, showed up in court for the hearing, it's possible Tyka's going to have some competition for the spot.

Very interesting.

[Image via WENN.]

Tags: , , , , , , , ,

Permalink / Comment Here