During his lifetime, the late and great Prince of Minnesota had amassed what many expect to be a very significant estate. According to Forbes.com, estimates suggest Prince's net worth is over $300 million. Prince smartly took measures protecting his ownership rights to his music. He retained control of his art, including performance royalties, publishing rights and more.
Estate planning is sometimes a difficult topic to think about. It makes us not only take an inventory of the fruits of our life's labors, but to also consider our own mortality.