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Reply #150 posted 01/13/17 11:32am

ISaidLifeIsJus
tAGame

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laurarichardson said:

nelcp777 said:

So, if I reading the documents correctly, L4OA charitites had $8.2 after 2007 that referenced Cousin's Florida address and possibly had access to. No tax records were filed after 2007. The tax exempt status was rovoked in 2012 due to this. This whole thing sounds like a mess and shady on Cousins end.

He probaly stole money from the charity. I wish Prince had sued this dude. At this point we know he gave depositions in cases were Cousins defrauded people while claiming to represent him.

Yep. The whole fiasco in Atlanta where he promised P would play at the event and pretended to talk to P on the phone when in fact P had cut all ties with him by then.

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Reply #151 posted 01/13/17 12:00pm

morningsong

rogifan said:

nisibee said:

Star Tribune Article about the Divorce is out : http://www.startribune.co...410652845/

The Star Tribune moved to unseal the files after questioning whether they would shed light on why Prince was taking painkillers, any potential heirs, or the value of his estate at the time of the divorce. The files didn’t provide any insight into those issues.
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lol You're getting a kick out of that aren't you?


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Reply #152 posted 01/13/17 12:07pm

nelcp777

ISaidLifeIsJustAGame said:

laurarichardson said:

He probaly stole money from the charity. I wish Prince had sued this dude. At this point we know he gave depositions in cases were Cousins defrauded people while claiming to represent him.

Yep. The whole fiasco in Atlanta where he promised P would play at the event and pretended to talk to P on the phone when in fact P had cut all ties with him by then.

Wow, amazing. How is this Cat still practicing law and not disbarred?

I wonder how many documents/boxes will be "misplaced" when the subpeona is served.

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Reply #153 posted 01/13/17 12:23pm

PennyPurple

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Maybe the reason she didn't want the divorce records opened was because it showed how greedy she was.

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Reply #154 posted 01/13/17 12:29pm

Astasheiks

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biggrin nod

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Reply #155 posted 01/13/17 12:41pm

rogifan

Hmm...🤔

7WLQ2.png
Paisley Park is in your heart
#PrinceForever 💜
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Reply #156 posted 01/13/17 12:43pm

rogifan

morningsong said:



rogifan said:


nisibee said:

Star Tribune Article about the Divorce is out : http://www.startribune.co...410652845/



The Star Tribune moved to unseal the files after questioning whether they would shed light on why Prince was taking painkillers, any potential heirs, or the value of his estate at the time of the divorce. The files didn’t provide any insight into those issues.

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lol You're getting a kick out of that aren't you?



You bet your ass I am. cool
Paisley Park is in your heart
#PrinceForever 💜
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Reply #157 posted 01/13/17 12:49pm

PennyPurple

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rogifan said:

Hmm...🤔 7WLQ2.png

WTF? That's like saying when I die, my co-workers should manage my estate because I was with them for 40-50 hours a week.

.

If the person that tweeted this would like their estate to be handled by these people, then go for it. .

See this is what pisses me off.

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Reply #158 posted 01/13/17 1:00pm

rogifan

PennyPurple said:



rogifan said:


Hmm...🤔 7WLQ2.png

WTF? That's like saying when I die, my co-workers should manage my estate because I was with them for 40-50 hours a week.


.


If the person that tweeted this would like their estate to be handled by these people, then go for it. .



See this is what pisses me off.


Yeah loony idea. You can't have that many people managing an estate it would be complet chaos.
Paisley Park is in your heart
#PrinceForever 💜
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Reply #159 posted 01/13/17 1:03pm

laurarichardso
n

PennyPurple said:

rogifan said:

Hmm...🤔 7WLQ2.png

WTF? That's like saying when I die, my co-workers should manage my estate because I was with them for 40-50 hours a week.

.

If the person that tweeted this would like their estate to be handled by these people, then go for it. .

See this is what pisses me off.

Well remember he got rid of her as his manager.

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Reply #160 posted 01/13/17 1:05pm

DakutiusMaximu
s

From the Minneapolis Star Tribune

Unsealed Prince divorce file shows luxe lifestyle, dispute over videos, jewels and photos

FILE - In this Feb. 27, 2005 file photo, singer Prince arrives with his wife Manuela Testolini for the 77th Academy Awards in Los Angeles.

The unsealed file from Prince’s second divorce offers a glimpse into the late musician’s luxe lifestyle and the more routine spousal disputes over access to property, such as childhood photos, videos and jewelry.

While they were married, Manuela Testolini said she and Prince threw big parties after major awards shows like the Golden Globes, Oscars and the Grammys. For the events, Testolini would hire a $5,000-a-day stylist to do her hair and makeup. The couple would spend $50,000 per party on food, drinks and decor, the records showed. In 2004 alone, Prince earned $42 million.

“We had accounts at boutiques including Gucci, Versace and Valentino. We had accounts at Saks. There was never any restriction on (Prince’s) or my spending,” she said.

Divorce files are generally public, though judges often will agree to seal them if both parties to the case agree and no one else objects. The documents, made public after the Star Tribune moved to unseal the files following the star’s accidental death in April from the painkiller fentanyl, also revealed that in May 2005, Prince locked Testolini out of their home on Galpin Avenue in Chanhassen. He also cut off her credit cards, boxed up her stuff and stowed it in the vault in Paisley Park for “safe keeping,” according to an order signed by former Judge Tanja Manrique on March 16, 2010. Prince then tore down the house.

The couple’s divorce was granted in October 2007, but two years later, Testolini claimed Prince had not returned several personal items, including copies of videos he made based on songs he had written for her: “Gamillah” and “Another Girl.” He also had not returned jewelry, including a gold and diamond earring set from Tiffany and an antique gold and amethyst earring, necklace, bracelet set from the vintage store “The Way We Wore,” as well photographs, memorabilia and scrapbooks. In all, the items were valued at $185,000.

At that time, Prince was representing himself and didn’t respond to the court.

In her documents, Testolini said Prince claimed the videos had been deleted and he didn’t know the whereabouts of the items. She disputed that, saying Prince never destroyed every copy of a video and that if he did, “his actions were purely punitive.”

The unsealing of the divorce documents came amid the ongoing legal dispute over the legitimate heirs to Prince’s vast fortune. The megastar, who was found dead in an elevator at Paisley Park, had no will. Carver County District Judge Kevin Eide is overseeing the case. He has indicated that the surviving siblings, including Prince’s sister Tyka Nelson and five half-siblings, will likely claim at least part of a fortune estimated at somewhere between $100 million and $300 million before taxes.

Prince and Testolini, the musician’s second wife, met when she was a consultant for his charity, Love 4 One Another, according to the documents. They married on Christmas in 2001 when she was 25 and he was 43. She said they lived “an extravagant lifestyle” with each having their own personal assistant. They had a housekeeper and a personal chef preparing their dinners, the documents showed.

Testolini said she “routinely had massages, spa treatments, manicures, pedicures and facials.” She and Prince traveled frequently, renting homes for months at a time in California and Hawaii, flew private planes and spent up to $15,000 per night on hotel suites.

In 2004, Prince released his album “Musicology,” which sold more than 2 million copies in the United States. The Musicology tour was the top grossing U.S. Tour in 2004, bringing in $87.4 million, she wrote.

The Star Tribune moved to unseal the files after questioning whether they would shed light on why Prince was taking painkillers, any potential heirs, or the value of his estate at the time of the divorce. The files didn’t provide any insight into those issues.

The documents also don’t explain why Prince and Testolini divorced, although the couple did seek counseling from New York City-based elders of their shared Jehovah’s Witness faith. She has since remarried and had children with another man.

In recent months, Testolini fought the release of the divorce documents, claiming disclosure would put her and her family at risk.

The documents do not show financial details of the final divorce settlement. At one point in the filings, Testolini said she was not seeking permanent monthly support.

She did, however, receive a house in Toronto worth approximately $6 million and a Lexus automobile. During their split, she initially received $10,000 a month in support. Prince also transferred $3 million to an account, Gamillah Holdings Inc., which was opened with $1 million in December 2002 and over which she had control.

In court filings, Prince rejected Testolini’s claim that she needed $42,574 a month, which she said amounted to no more than 2 percent of his monthly earnings, to maintain a lifestyle that included attending the awards shows and hosting parties afterward.

“This is my normal life,” Prince’s response said. “By filing her (divorce) petition, (Testolini) severed her access to this lifestyle ... This is not a marital standard of living that can be recreated with money.”

The documents also include a transcript of a deposition Prince gave in May 2008 where he was questioned by Testolini’s lawyer. The portrait of the artist that emerges from the pages is similar to his public persona. He only grudgingly gives up insight or substantive answers. Many of his responses are some variation of, “I don’t know” or “I don’t recall.”

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Reply #161 posted 01/13/17 1:06pm

nelcp777

Looking at the December Accounting file released, what is with the $5M note due to First Tennessee Bank? This was not listed, unless I overlooked it, in the November accounting file.

The is $10.5M in notes due. $5.5M goes back to NPG Recoords and Music Publishing. Kinda confused on the other $5M note.

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Reply #162 posted 01/13/17 2:18pm

laurarichardso
n

nelcp777 said:

Looking at the December Accounting file released, what is with the $5M note due to First Tennessee Bank? This was not listed, unless I overlooked it, in the November accounting file.



The is $10.5M in notes due. $5.5M goes back to NPG Recoords and Music Publishing. Kinda confused on the other $5M note.




From the first accounting it looks like a loan was made from NPG records but not much detail was there just amounts. I was under the impression the estate may lent money from NPG records to the sibs. There was some talk about this before any loans would be deducted from their payouts when the probate ends.
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Reply #163 posted 01/13/17 3:54pm

206Michelle

nelcp777 said:

Looking at the December Accounting file released, what is with the $5M note due to First Tennessee Bank? This was not listed, unless I overlooked it, in the November accounting file.

The is $10.5M in notes due. $5.5M goes back to NPG Recoords and Music Publishing. Kinda confused on the other $5M note.

Perhaps First Tennessee Bank has a relationship with Graceland.

Live 4 Love ~ Love is God, God is love, Girls and boys love God above
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Reply #164 posted 01/13/17 4:24pm

sonshine

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PennyPurple said:

Maybe the reason she didn't want the divorce records opened was because it showed how greedy she was.


yeahthat
It's a hurtful place, the world, in and of itself. We don't need to add to it. We all need one another. ~ PRN
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Reply #165 posted 01/13/17 5:15pm

Goddess4Real

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MMJas said:

ISaidLifeIsJustAGame said:

Van Jones representing Omarr and Tyka, and also wanting to be co-Representative is going to be a potential conflict.

I dont think the Judge will pick either Van nor Londell.

Agree. At this point someone else should be picked. Really surprised at all the greed...

yeahthat but I'm not surprised by all the greed.

Keep Calm & Listen To Prince
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Reply #166 posted 01/14/17 12:18am

deerpath

The Tribute was held in the streets of Minneapolis and around the world the night after Prince left us. Everything else is exploitive --we are seeing just how exploitive in the grab and hold contest going on. Perhaps that is the legacy of celebrity. In time, perhaps people will genuinely value the talent, genius and effort Prince brought to music as an artist and not so much as a commercial mule.

Once in an interview when asked about his first guitar he said it was gone. Stolen. That people always took his things. He said it with a sad acceptance, shrugging his shoulders. None of the people being tossed around including the assumed "heirs" really have a claim to his "things". I hope someone who genuinely valued his friendship and talent, will emerge to safe guard his soul. That someone will step forward to champion his legacy. It might be too soon and why the people closest to him have stepped away. Perhaps they are waiting until the bones are picked dry and left in the desert. Then they will gently collect them and sing them back to life.

We can hope.

"Hold on to your souls y'all. We got a long way to go. Thank you! We love y'all!"
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Reply #167 posted 01/14/17 1:06am

rogifan

Hmm...

WgRZr.png
Paisley Park is in your heart
#PrinceForever 💜
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Reply #168 posted 01/14/17 8:25am

laurarichardso
n

rogifan said:

Hmm...

WgRZr.png

This dude is delusional at the bare minimum he sent Tyka an e-mail offering her a loan. There is the proof about that and it is easy to see if he is getting a 10% kickback.
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Reply #169 posted 01/14/17 10:07am

Bodhitheblackd
og

deerpath said:

The Tribute was held in the streets of Minneapolis and around the world the night after Prince left us. Everything else is exploitive --we are seeing just how exploitive in the grab and hold contest going on. Perhaps that is the legacy of celebrity. In time, perhaps people will genuinely value the talent, genius and effort Prince brought to music as an artist and not so much as a commercial mule.

Once in an interview when asked about his first guitar he said it was gone. Stolen. That people always took his things. He said it with a sad acceptance, shrugging his shoulders. None of the people being tossed around including the assumed "heirs" really have a claim to his "things". I hope someone who genuinely valued his friendship and talent, will emerge to safe guard his soul. That someone will step forward to champion his legacy. It might be too soon and why the people closest to him have stepped away. Perhaps they are waiting until the bones are picked dry and left in the desert. Then they will gently collect them and sing them back to life.

We can hope.

Dear Deerpath:

Thank you for your insight and a path forward. I now know what to do with this sometimes crushing sorrow. Crying now, but getting ready to sing.

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Reply #170 posted 01/14/17 11:09am

rogifan

Londell don't quit.

G2fc9.png
Paisley Park is in your heart
#PrinceForever 💜
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Reply #171 posted 01/14/17 11:38am

Mumio

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ISaidLifeIsJustAGame said:

They are alleging the Special Advisors employed Jobu, a company that was formed in March 2016, to promote the Tribute Concert over Live Nation.

Jobu guaranteed the Estate $7MIL.

The deal fell apart with Jobu.

And over the objection of the heirs Londell took over production.

They believe the deal with Jobu was all orchestrated by Londell with the objective it would fall apart and then he could take over.

They are alleging Bremer failed to seek payment from Londell for his illegal appropriation of Estate assets and rights exploited during the Tribute and After Party (his image, his music, his legacy).

They allege Londell profited greatly.

Jobu paid Londell a commission even though the deal fell through.

They are upset Bremer has not made the Prince Tribute Concert availalbe to the public, and that it could have earned the Estate money by televising the event.

Omarr and Tyka are upset about the Cousins deal with the Church and they cannot fathom how Cousins was able to sell this church in front of the nose of Bremer.

You go Tyka and Omarr.

eek eek eek eek

[Edited 1/13/17 8:59am]



yeahthat I am with you there's some shady as fuck bs going on here. There's a reason why Prince wasn't working with neither McMillan nor Cousins any longer. Londell's behavior in both current and past endeavors poses many questions re his integrity. Unless he can post indisputable receipts re his claim of talking with Prince the Sunday before Prince left us, then I question that also.

Welcome to "the org", Mumio…they can have you, but I'll have your love in the end nod
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Reply #172 posted 01/14/17 11:43am

Mumio

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rogifan said:

You bet your ass I am. cool



Hey, whatever. I am still glad the info was made public. Doesn't seem like she made out too badly now, did she? But she's freaked enough to have an article posted in Rolling Stone the same day the divorce info came out. Interesting hmmm

I'd like to know why he "locked her out of the house". Something happened and he couldn't forgive it.

[Edited 1/14/17 11:44am]

Welcome to "the org", Mumio…they can have you, but I'll have your love in the end nod
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Reply #173 posted 01/14/17 1:03pm

Mkilpatrick74

rogifan said:

Londell don't quit.

G2fc9.png

I once supported thus man; however, I am for sure questioning his integrity at this juncture. His non stop posting on Twitter are unprofessional and speak volumes. He needs to stop like now!
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Reply #174 posted 01/14/17 1:32pm

precioux

Mkilpatrick74 said:

rogifan said:

Londell don't quit.

G2fc9.png

I once supported thus man; however, I am for sure questioning his integrity at this juncture. His non stop posting on Twitter are unprofessional and speak volumes. He needs to stop like now!





Londell asks us to "check the source"...TYKA STATES LONDELL TRIED TO BRIBE HER WITH A $10 million loan! AND THAT HE LINED HIS POCKETS WITH 10% without her knowledge (tribute in Oct). Exactly who is he pointing his finger at???
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Reply #175 posted 01/14/17 3:15pm

Lovejunky

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mnfriend said:

OMG I can't listen anymore to Van he is coming across all about keeping his charities going! Who is going to sell the vault Van? 'Member the music??

Yep....And if you have been paying attention Prince was all about Helping Others in the end...

I have no doubt that Princes Future Plans were all about making his music create revenue streams to support, enable and empower Marginalised and disadvantaged communities and Peoples.

I have faith that the Purple Tie Warrior has a deeper understanding of Princes heart and intentions.

The Music is THE WAY in which Prince helps the World...

His Lyrics his Mood his sentiments and NOW his Legacy....

Van has been quoted as saying "Prince had so many plans, things he wanted to do"

With VAn in Charge at least some of these things have a chance of becoming a reality and thus an extention of his "Living Will "

Van knows better than most what Prince wanted to do with his money...

“LOVE IS THE MASTERPLAN”
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Reply #176 posted 01/14/17 3:26pm

mnfriend

Lovejunky said:



mnfriend said:


OMG I can't listen anymore to Van he is coming across all about keeping his charities going! Who is going to sell the vault Van? 'Member the music??

Yep....And if you have been paying attention Prince was all about Helping Others in the end...



I have no doubt that Princes Future Plans were all about making his music create revenue streams to support, enable and empower Marginalised and disadvantaged communities and Peoples.



I have faith that the Purple Tie Warrior has a deeper understanding of Princes heart and intentions.





The Music is THE WAY in which Prince helps the World...



His Lyrics his Mood his sentiments and NOW his Legacy....



Van has been quoted as saying "Prince had so many plans, things he wanted to do"


With VAn in Charge at least some of these things have a chance of becoming a reality and thus an extention of his "Living Will "



Van knows better than most what Prince wanted to do with his money...







* I am inclined to agree w/you. I will state the obvious, it sure would have been easier if Prince at least spoke or sang into a tape recorder some concrete info from the horses mouth/ so to speak, if he was still so against anything written/ specifics on paper/ computer.
But alas, perhaps it is somehow set up in motion by him before he left, or truly, he thought, I have done enough, let the chips fall where they may.
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Reply #177 posted 01/14/17 3:35pm

Lovejunky

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mnfriend said:

Lovejunky said:

Yep....And if you have been paying attention Prince was all about Helping Others in the end...

I have no doubt that Princes Future Plans were all about making his music create revenue streams to support, enable and empower Marginalised and disadvantaged communities and Peoples.

I have faith that the Purple Tie Warrior has a deeper understanding of Princes heart and intentions.

The Music is THE WAY in which Prince helps the World...

His Lyrics his Mood his sentiments and NOW his Legacy....

Van has been quoted as saying "Prince had so many plans, things he wanted to do"

With VAn in Charge at least some of these things have a chance of becoming a reality and thus an extention of his "Living Will "

Van knows better than most what Prince wanted to do with his money...

* I am inclined to agree w/you. I will state the obvious, it sure would have been easier if Prince at least spoke or sang into a tape recorder some concrete info from the horses mouth/ so to speak, if he was still so against anything written/ specifics on paper/ computer. But alas, perhaps it is somehow set up in motion by him before he left, or truly, he thought, I have done enough, let the chips fall where they may.

I hear you....

“LOVE IS THE MASTERPLAN”
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Reply #178 posted 01/14/17 4:36pm

PennyPurple

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rogifan said:

Londell don't quit. G2fc9.png

He's probably reading the forum. lol

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Reply #179 posted 01/14/17 6:25pm

206Michelle

In reply #357 of the previous thread (part 5), on 12/30/2016, I wrote the following:

----

The dynamics of the siblings is interesting, to say the least. I wonder how the age differences among the siblings will contributes to the issues involving P's estate. For example, there is a 20-year age difference between Sharon and Tyka, and a 30-year age difference between Sharon and Omarr. (Source: http://www.billboard.com/...-fortune). My guess is that age may play a role in the priorities of the siblings. For example, perhaps older siblings may be more interested in the money while the younger siblings may be more interested in preserving Prince's legacy.

----

It is interesting how the dynamics of the siblings continue to be an issue regarding Londell McMillan vs. Van Jones. (I'm not sure where Alfred Jackson is in all of this.) The 3 living siblings on P's father's side, Norrine, Sharon, and John all want McMillan. It doesn't surprise me that Omarr would be of a different opinion than the older siblings on the father's side due to the age difference and the fact that they really aren't his family--the only reason he is related to them is because of the shared relation with Tyka and Prince. It's hard to know to which siblings Tyka is closer.

--

Given that Tyka and Omarr are the youngest of the siblings, they are the most likely to live for 20+ more years, and to have an interest into sustaining Prince's legacy long-term. This is particularly true with Tyka, being that she is Prince's full sibling and seems to have had the closest relationship with him.

Live 4 Love ~ Love is God, God is love, Girls and boys love God above
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