Prince's Estate Might Be Worth Far Less Than We Think

It's well-documented at this point that Prince apparently died without leaving a will. His estate is worth roughly $300 million, by some estimates, and so it's understandable that the artist's relatives are anxious to settle the division of assets — but it also seems that, that thanks to taxes, the actual value of those assets might be drastically diminished.

NBC News reports that half of the $300 million sum will go to taxes.