The JSN Experience

Prince's Sister Sells Off Portion Of Late Singer's Estate Amid Financial Woes


Prince’s sister Tyka Nelson has sold off a chunk of his estate, amid her ongoing financial woes.

According to court documents obtained by The Blast, the late singer’s sister has informed the court she has sold a portion of her one-sixth share of Prince’s estate. She explains, “I am one of the six (6) non-excluded heirs in these probate proceedings (the

"Estate"). I have the opportunity to consult with separate legal counsel and financial advisors and have been fully advised by my legal counsel and financial advisors of the rights I enjoy as an heir to the Estate and the legal, financial, and personal implications of entering into the Expectancy Interest Transfer Agreement.

Further, “I am aware of the terms of the Expectancy Interest Transfer Agreement. I know that I am selling a portion of my one-sixth (1/6th) share of the Estate and am entering into this transaction willingly and with an understanding of the nature of the transaction. I wish to sell my portion of my one-sixth (7 / 6th) share of the Estate in order to realize some value from the Estate before the completion of the Estate administration. Tyka sold her the interest to a third party company Primary Wave IP Fund. She wants the company to be involved in “all matters related to the Estate” now that they have an interest.

Primary Wave filed documents requesting the terms of the sale be kept sealed. They want to be sealed, “confidential information relating to Primary Wave’s transaction with an heir, Tyka Nelson (“Ms. Nelson”), whereby Ms. Nelson agreed to transfer a portion of her one- sixth (1/6th) interest in the estate of Prince Rogers Nelson (“the Estate”) to Primary Wave through an Expectancy Interest Transfer Agreement.


Read more: theblast.com/c/singer-prince-sister-tyka-nelson-se…

5 years ago | [YT] | 29



@sunnypie2

Interesting info. Just shows that Prince was not only handsomely beautiful but very smart! How he managed to stay afloat and still hone his craft, not to mention take protégés and projects is boggling. He represented himself legally a bunch too. Smart sexy dude.

5 years ago | 6  

@barbarawilliamson136

Maybe this is why prince didnt leave his massive fortune to his kin folks because they are whacked..

5 years ago | 9  

@anetricejones4263

Yeah but they (siblings)have his Estate and not doing right by Prince. ...i wish he just would have sat down with some trusted people and left instructions.

5 years ago | 6  

@lizorozco9821

💜 thank you Tyga . Your brother would have wanted you to take care of business you're doing a good job wishing you the best of the holidays Merry Christmas and a Happy New Year🎅

5 years ago | 0  

@fortysomethingbadgirls2173

Her woes started long before she was a benefactor! Primary Wave Music Publishing....interesting!

5 years ago (edited) | 3  

@aaronscott5882

She has to do what she needs to do!

5 years ago | 5  

@kepriworks

The money game can be tough. She has here reasons and hers alone. Do what needs to be done! No judgement!

5 years ago | 5  

@adonispink8008

It would a been a lot easier if prince Had a will or a trust to handle this Which Left the sister with no other options!!!

5 years ago | 1  

@starrcompany3275

Sista Ugly thats the truth she eat pizza in the backyard, sleep on the roof. (I wish you heaven remix) Prince🖤

5 years ago | 2