IRS Says Prince’s Estate Worth Twice What Administrators Reported

In this case, a dispute about valuation of assets between Prince’s estate and the IRS, there is $33 million in potential tax liability at stake. Read more from the New York Times here.

This article was submitted by Shawn Scott, Hall Scott PC. If you would like to submit content or write an article for the Estate Planning & Administration Section, please email Kara Sikorski at ksikorski@indybar.org.