The legal bills for sorting out Prince’s estate are already running into the millions.
The special administrator overseeing Prince’s estate is seeking permission to pay several law firms for work on the estate. The tab for legal work done through June 30, 2016 is almost $2 million dollars.
Obviously, Prince could have reduced these expenses tremendously with estate planning.
Reference: Legal tab for Prince estate is already at $2M and counting, Minneapolis Star Tribune, August 1, 2016.