The estate for singer Prince is firing back at the late singer’s family members claiming they haven’t been paid since his death.
According to court documents obtained by The Blast, Comerica Bank, who is the personal representative of Prince’s estate, is responding to his heirs pleading for money.
Comerica Bank is asking the court to deny Prince’s heirs’ petition for compensation, where they claim to have not seen a penny from the estate since the singer’s death.
In the response, Comerica says if they were forced to pay out money to the heirs, they would have to sell off an asset of the estate. They point out an issue with the IRS they have to deal with before paying out money.
Comerica says the heirs have been fully aware of the issues with the IRS, which include the Internal Revenue Service believing the estate is being undervalued on paper.