Prince’s Vault Was Reportedly Drilled Open

Due to Minnesota’s "death taxes," the singer's family can lose a large percentage of Prince's estate to the government.

State courts in Minnesota have opened Prince’s vault in his Paisley Park home, exposing nearly a century’s worth of unreleased music.

According to ABC News, the vault was drilled open by Bremer Trust. The company who was given temporary authority to the vault was the only company outside of Prince himself who was allowed in. The musician’s former recording engineer, Susan Rogers says the singer’s shelves of the vault was filled with unreleased material. “We could put out more work in a month than most people could do in a year or more,” she said.

Because the singer had no will, his sister Tyka Nelson and half siblings are seeking ownership of his reported $200 to $500 million estate. “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.” court documents by Nelson read.

While his family is awaiting the court’s decision to divide the singer’s estate, The Daily Signal predicts the government will take most of it. Minnesota’s estate tax or “death taxes” of 16 percent paired with the government’s mandatory 40 percent rate can lead to over half of the singer’s estate heading to the feds.

Of course, the speculation is at an all time high with the singer’s assets. With the singer leading a very personal life, he didn’t seem to worry about the riches he’s gained in his illustrious career. “I’m no different to anyone. Yes, I have fame and wealth and talent, but I certainly don’t consider myself any better than anyone who has no fame, wealth or talent,” he said in his final NME interview in 1996. “People fascinate me. They’re amazing! Life fascinates me! And I’m no more fascinated by my own life than by anyone else’s.”

Investigators are still looking into the singer’s death and are currently awaiting autopsy and toxicology test results. A separate investigation has also been launched into what led to his passing.