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                                                                                     PEOPLE & ARTS Monday 16 april 2018
            As Prince heirs stew, bankers and lawyers cash in on estate




            By STEVE KARNOWSKI           or down since then.
            MINNEAPOLIS  (AP)  —  As  That's because the various
            the  second  anniversary  of  attorneys,   accountants
            Prince's  death  approach-   and industry experts at that
            es,  his  heirs  have  yet  to  point  had  not  yet  finished
            collect  a  dollar  of  his  esti-  appraisals and deals for the
            mated  $200  million  estate.  use of his music, videos and
            But  bankers,  lawyers  and  assets  including  his  Paisley
            consultants  have  earned  Park  studio.  Attorneys  for
            millions from it.            the heirs did not return calls
            The long saga to settle the  for this story or declined to
            estate  provides  a  caution-  comment.
            ary  tale  about  dying  with-  FRICTIONS AND FACTIONS
            out  a  will,  as  Prince  did  The six heirs have been bit-
            when  he  died  of  an  acci-  terly  split.  Sharon  Nelson,
            dental  opioid  overdose  at  Norrine  Nelson  and  John
            his  suburban  Minneapolis  R. Nelson form one faction
            studio  on  April  21,  2016,  that has battled Comerica
            and  the  heirs  can't  quit  and  other  heirs  on  several
            squabbling. Here's a look at  fronts,  including  Comeri-
            where things stand:          ca's  decision  to  move  the
            NO DOUGH YET                 contents  of  Prince's  vault
            Even though it's been near-  of  recordings  from  Paisley
            ly  two  years  since  Prince  Park to Los Angeles.
            died,  the  executor  of  the  But  the  six  showed  rare
            estate,   Comerica    Bank  unity  last  week  when  Tyka
            and  Trust,  can't  split  the  Nelson,  Omarr  Baker  and    In this Feb. 4, 2007, file photo, Prince performs during the halftime show at the Super Bowl XLI
            money  among  Prince's  six  Alfred  Jackson  joined  the   football game in Miami.
            surviving  siblings  until  the  other  three  in  strenuously                                                                  Associated Press
            Internal  Revenue  Service  objecting  to  an  unspeci-
            and executor agree on the  fied  "entertainment  trans-   father  and  Prince's  father,  that  at  the  end  of  the  Es-  trol, writing that the estate
            estate's value when Prince  action"  in  the  works  that  the late jazz musician John  tate's  administration  there  "is  not  an  unlimited  re-
            died.                        they say would be "an em-    L. Nelson. She also tweeted  will be little, if anything left  source!"
            It's  not  clear  when  that  barrassment to Prince's leg-  fresh  criticism  of  Comeri-  to pass on to the Heirs," at-  A SETTLEMENT?
            might happen. The IRS and  acy." The volume of heav-      ca  last  week,  asking  why  torneys  for  Sharon,  Norrine  The  agenda  for  Wednes-
            state of Minnesota are en-   ily  redacted  and  sealed  Prince  fans  haven't  been  and  John  wrote  in  that  fil-  day's hearing also includes
            titled to collect about half,  court  filings  and  counter-  offered any new music.   ing.                         a Comerica motion to ap-
            though  the  estate  can  filings  suggests  it's  big,  but  WHO  IS  GETTING  PAID  SO  The  $5.9  million  doesn't  in-  prove  some  sort  of  settle-
            stretch  out  the  payments  the  public  portions  don't  FAR?                        clude  a  pending  request  ment.  Nearly  all  details
            over time.                   say whether it's a new mu-   A  small  army  of  lawyers  for nearly $2.9 million in fees  have  been  redacted,  but
            THE ESTATE'S VALUE           sic  rights  deal  to  replace  and the taxman. Public fil-  and expenses for Comerica  one  dispute  that  appears
            Court filings several months  a  failed  agreement  with  ings  don't  say  how  much  and its lawyers. Nor does it  ripe  for  a  settlement  is  the
            after  Prince's  death  sug-  Universal  Music  Group  or  the estate has already paid  include  fees  for  the  heirs'  estate's lawsuit against Jay
            gested  that  it  was  worth  something else. A hearing is  the IRS and state of Minne-  lawyers  and  other  attor-  Z's Roc Nation and the Tidal
            around $200 million before  scheduled for Wednesday.      sota,  but  Comerica  and  neys, or fees for the estate's  streaming  service  over  al-
            taxes. The actual value re-  Most  of  the  siblings  have  its  lawyers  have  already  main music adviser, Spotify  leged copyright violations.
            mains  one  of  the  biggest  kept  low  public  profiles.  collected at least $5.9 mil-  executive Troy Carter.    Whatever the settlement is
            secrets in the case, hidden  Sharon  Nelson  has  been  lion  in  fees  and  expenses,  Carver   County    District  about, Sharon, Norrine and
            in  sealed  and  redacted  the  most  outspoken.  She  according  to  a  filing  last  Judge  Kevin  Eide  has  ad-  John  oppose  it.  They  say
            documents. The actual val-   recently released an album  month.                        monished    everyone    to  the estate could win more
            uation could have gone up  of music composed by her  "There is legitimate concern  keep spending under con-         in litigation.q

            ASHER and ALEXIE             series, while "The Absolutely  Books on the new list were  The  association  tallied  356  ally  pulled  from  shelves,
            Continued from Page 29       True Diary of a Part-Time In-  a  mix  of  older  works  such  challenges,  up  from  323  although  he  cited  some
            The  prize  was  announced  dian" has been widely read  as Lee's novel (violence, ra-  last  year,  but  in  line  with  examples.  After  seven  stu-
            in  early  February,  just  be-  and  taught  since  coming  cial language) and Khaled  numbers over the past de-   dents  from  a  Colorado
            fore  allegations  surfaced  out a decade ago. In previ-  Hosseini's  "The  Kite  Runner"  cade.                    community  killed  them-
            that  he  had  harassed  nu-  ous years, Maya Angelou's  ("May  lead  to  terrorism")  The  ALA,  which  believes  selves,  a  school  district  of-
            merous women.                "I  Know  Why  the  Caged  and  more  recent  books,  that reported cases are just  ficial in 2017 ordered librar-
            The ALA list is part of the as-  Bird  Sings"  and  J.K.  Rowl-  including  Cory  Silverberg's  a  fraction  of  actual  chal-  ians  to  temporarily  stop
            sociation's  State  of  Amer-  ing's  "Harry  Potter"  series  "Sex  is  a  Funny  Word"  and  lenges, bases its list on news  circulating  "Thirteen  Rea-
            ica's  Libraries  report  and  have been among notable  "I  Am  Jazz,"  by  Jessica  reports  and  on  accounts  sons Why."
            marks the beginning of Na-   challenged works.            Herthel  and  Jazz  Jennings  submitted  from  libraries.  A  An  Arizona  school  district
            tional  Library  Week,  which  Asher  and  Alexie  have  ("Gender  identity").  Three  challenge  is  defined  as  a  pulled  "The  Kite  Runner,"
            runs through April 14. Books  been on the list before; "The  works were cited for "LGBT  "formal,  written  complaint  and  offered  no  explana-
            drawing attention, whether  Absolutely  True  Diary  of  a  content":  the  gay-themed  filed with a library or school  tion.  A  superintendent  in
            because  of  sales  or  a  film  Part-Time  Indian"  topped  penguin  story  "And  Tango  requesting  that  materials  Katy,  Texas,  pulled  "The
            adaptation, often become  the list for 2014, while Alex-  Makes Three," by Peter Par-  be  removed  because  of  Hate  U  Give"  after  a  man
            more likely to receive chal-  ie's book and "Thirteen Rea-  nell  and  Justin  Richardson;  content  or  appropriate-  attending  a  school  board
            lenges.  In  2017,  "Thirteen  sons  Why"  finished  second  Alex  Gino's  "George";  and  ness."                   meeting  complained  of
            Reasons  Why"  was  adapt-   and  third,  respectively,  for  Raina  Telgemeier's  "Dra-  LaRue  did  not  have  a  the  book's  language  and
            ed  into  a  popular  Netflix  2012.                      ma."                         number  for  books  actu-    depiction of drug use.q
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