With a host of events having already taken place to offer their tribute to Prince – Autism Rocks, Billboard, BET, even the upcoming reunion of the Revolution in the three months following the rock star’s sudden death, his family have set the date for the official memorial show.
The family has been under mounting criticism for the length of time taken to organise an official public memorial event, bearing in mind a show for David Bowie was announced just hours after his death on 10 January 2016 and took place at Carnegie Hall on 31 March.
Prince’s official tribute concert is to be held at the US Bank Stadium, Minneapolis on 13 October. Tickets to go on sale in August. However, as yet there was no word which the acts will make the bill although this is likely to include Stevie Wonder. The event was originally hoped to take place on 13 August the very day Prince was himself booked to perform the inaugural concert for the new Minnesota Vikings stadium, which opened in July 2016.
A statement issued on behalf of the family said: “We are excited for the opportunity to bring everyone together for the official family celebration of Prince’s life, music and legacy, and there is no better place to do it than his hometown of Minneapolis.”
In the meantime, a judge has whittled down prospective heirs to Prince’s $300m fortune. 29 of the total claimants were ruled out by Carver Country Judge, Kevin Eide, leaving just 6 in the running, including Prince’s sister Tyka Nelson, some of which were told to undergo a DNA test to prove paternity. Because no last will and testament has been found over the previous three month’s it will be up to Minnesota law to determine who will inherit Prince’s estate, this will include full and half siblings, since both Prince’s natural parents are no longer living. Legal insiders say this is “uncharted territory” for Minnesota courts. Prince’s estate is currently being managed by a trust firm, which intends to put up for sale 6 of Prince’s 14 homes in order to pay his tax bill (due on 21 January 2017). Some of the properties Prince had not yet even moved into and included undeveloped plots and 156 acres of land on Galpin Blvd, Chanhassen worth $13,686,800 and another vacant lot off the same street worth $1,381,700.
Prince’s property empire extends to New York, Beverly Hills and a holiday home in the Caribbean, plus of course Minneapolis. The estate will entertain offers that are at least 90% of the property’s fair market value. His mansion at Paisley Park is itself worth $30m although there are no plans to sell it and is likely to instead become a tourist attraction.
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