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Judge Approves Sale of Some of Prince’s Properties


BERTRAND GUAY/AFP/Getty ImagesA Minnesota judge has just approved the sale of reportedly more than 20 million dollars’ worth of properties that were owned by Prince.

According to Minneapolis Star Tribune, Bremer Trust — which is temporarily in charge of the late pop and funk legend’s affairs — was given the go ahead to liquidate assets including homes, vacant lots, and a small commercial building, most of which are located in and around Prince’s home town of Chanhassen, Minnesota.  One of the properties is located in the Turks and Caicos islands.

The star’s sprawling home and recording complex, Paisley Park, is not up for sale.

Judge Kevin Eide declared the first six properties can be put up for sale on August 26, after Prince’s half brother Alfred Jackson has a chance to tour them.

Another eight properties can be listed only after those looking after Prince’s estate file an affidavit to do so. 

The trust is selling the properties in part to raise money to satisfy a tax bill that’s due in January.  The total value of his estate has been estimated at between $100 and $300 million.

The newspaper reports that one home was withdrawn from sale after another Prince half brother, Omarr Baker, filed an objection.

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