Prince didn't prepare a will due to financial instability

 

Tyka Nelson, sister to late American musician, has filed legal documents stating that she does not know if a will exists when it comes to her late brother. Nelson filed documents in Prince's home town of Minnesota on Tuesday, asking a judge to appoint a "Special Administrator" since Prince himself didn't
choose an executor to administer his estate in a will.

"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," the document obtained by ET reads. "A Special Administrator is needed because no Personal Representative has been appointed in Minnesota or elsewhere."

Now there are reports that Prince’s finances are actually in chaos as he was distrusting and worked with people who had no experience. TMZ reports below;

"Prince was a disaster when it came to finances and his business affairs, and many of the people who worked with him say ignoring their advice to make a will is just a small piece of a chaotic puzzle.

We're told in the 5 years leading up to Prince's death, it was virtually impossible to get his signature on any legal document. Sources who worked with Prince tell us, he felt "screwed over" by people who had him sign deals in his younger years, and that made him "paranoid" to sign anything.  

Prince was so distrusting ... he jumped from lawyer to lawyer almost every year, and sometimes more often. One professional who worked with the singer tells us, Prince called him out of the blue one day and said he wanted to hire him. The professional asked Prince for his business files, and the answer was, "I don't know, they're out there somewhere." The professional never got the files.

We're told although Prince hired and fired a slew of professionals, his most trusted advisers were "beautiful, 20-something women, all models with no experience in anything." It caused chaos in his life ... especially in the financial department.”