What Happened to Prince’s Inheritance?

What could possibly go wrong in this scenario? Prince, multi-millionaire with a 200-million-dollar estate, dies and no trust has been set up prior to his death. As of this past April, none of his heirs have inherited any portion — not even a penny — of his estimated $200 million estate. Without an Estate Plan (a trust is part of an Estate plan package), the process of settling his estate becomes much more complicated. The executor (manager) of his estate can’t divide the money among his six siblings until the IRS and the executor agree on the value of the estate when Prince died. The …