This article was written by Claudia Rosenbaum and was originally posted here.
Without a will or any financial planning, experts say more than half of Prince’s vast estate will go to state and federal taxes.
Before Prince’s death, his estate — which includes property, music royalties, and other ventures — was widely estimated to be at least $100 million. But according to Forbes, the value could wind up as high as $300 million.
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