Prince’s Estate Valued at $156.4 Million — Almost Double an Earlier Appraisal

After nearly six years of wide-ranging assessments, parties involved with Prince’s estate have finally agreed on its value: $156.4 million, according to the Minneapolis Star-Tribune and the Associated Press. The estate’s outgoing administrator, Comerica Bank & Trust, had valued it at $82.3 million, provoking howls of outrage from multiple parties, not least the heirs of the late artist, who died in 2016 without leaving a will. Last year the Internal Revenue Service valued it at an amount much closer to the final number, $163.2 million. With an agreement between Comerica and the IRS and clearance from the heirs, the process… Read Full Article