Sign A Petition To Establish Prince's Paisley Park As A National Historic Monument
Every time we think the Prince Estate has finally settled into non-controversial territory, a report pops up and proves there's still trouble in the water. This week the late pop icon's sister and half-brother, Tyka Nelson and Omarr Baker (probable heirs to the estate,) filed suit for $7 million in damages against the estate, accusing current advisers, L. Londell McMillan and Charles Koppelman, of mismanaging profits from a tribute concert that took place in Minnesota last October.
According to Billboard, Nelson and Baker are also pointing at Bremer Trust, the company overseeing the estate as inventories assets ahead of naming a rightful heir, which is likely still months if not years away from being settled. In addition to the claims of mismanaged profits, Nelson and Baker accuse Bremer Trust of not revealing the full value of estate assets. Specifically, revenue streams from Prince's recordings. Over the last few months, Bremer Trust, guided by McMillan and Koppelman, have negotiated contracts that could bring The Purple One's catalog back to streaming services before The Grammys air in February. On the one year anniversary of his death, the Estate will host a "Celebration" tribute event at Paisley Park with performances from Morris Day & The Time, The New Power Generation and The Revolution.
