It appears that the pop star Prince may have died without a will, leaving behind a multi-million dollar and growing estate. Although Price has one full sister and five half-siblings, Prince’s family members will not be his biggest heirs.
Both the federal government and Minnesota’s state government will assess so-called “death taxes” or estate taxes on Prince’s assets, taking away more than half his estate. Between his physical assets— cash, investments, home, etc.—and his future royalties, Prince’s estate has been estimated to be between $300 and $500 million.
http://www.cnsnews.com/commentary/rachel-greszler/why-more-half-princes-millions-will-go-govt