It could take quite a while before we find out who gets what from the fortune that Prince left behind.
But, we now know who is actually getting a cut of the estate: his brothers and sisters. It's believed that there are six heirs, his sister Tyka Nelson and five half-siblings..
How much they all get, well, that could become a tricky situation.
As had been speculated through much of the week, a judge determined on Wednesday that the singer died without a will and officially appointed a bank that Prince trusted to manage his assets.
Prince's assets have seemingly been a moving target with no one really knowing what was happening because of his lack of a will.
Here's everything we know about Prince's tumultuous financial situation…
The iconic singer was a spendthrift who wasn't nearly as wealthy as people assumed. Forbes listed his net worth at about $300 million, but it could have been half that. The reason he wasn't richer: He refused to leverage his music for financial gain.
Singers of Prince's caliber typically make a fortune off licensing the rights to their music for movies, TV shows, commercials and video games. Prince, though, consistently turned down these opportunities, with just a few exceptions.
Still, even if he was worth $150 million, as some media outlets speculate, that's still a lot of money.
Just days after his abrupt death on April 21, Tyka filed legal papers to open a probate case.
In her court documents, she asked the judge to appoint a "special administrator." Under Minnesota law, a special administrator is someone who is appointed when there is no executor named in a will.
In the documents, obtained by TMZ, she says, "I do not know of the existence of a will and have no reason to believe that the decedent executed testamentary documents in any form."
Tyka also listed the people who are potential beneficiaries, all of whom are half brothers and sisters.
At a hearing on Wednesday, the judge also appointed Bremer Trust to serve as the administrator of Prince's estate.
Prince was familiar with the bank and trusted it. He did business there for years, his sister said.
What's left to determine is how much each person gets, since there is nothing saying that the money has to be divided up evenly, and this is where Prince's estate has the potential to get really ugly.
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