August 14, 2018

Prince’s estate to be temporarily managed by trust company  

Prince’s estate to be temporarily managed by trust company  

A trust company has been appointed to temporarily oversee Prince’s multimillion-dollar estate.

Bremer Trust was named special administrator of Prince’s estate on Wednesday after an informal telephone conference with some of the musician’s possible heirs and a judge.

The judge says Bremer Trust now has the authority to manage and supervise Prince’s assets and determine his heirs. Bremer will act as special administrator for six months or until a personal representative is appointed. Read more

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