MINNEAPOLIS — After nearly six years of legal wrangling, parties to Prince's estate have finally agreed on its value: $156.4 million.
That's far more than the $82.3 million appraisal by the estate's administrator, Comerica Bank & Trust, but not much less than the tax collector's assessment. The Internal Revenue Service in 2020 had valued the estate at $163.2 million.
With an agreement between Comerica and the IRS — with the OK from Prince's heirs — the process of distributing the star musician's wealth could begin in February.
