After Prince's death in April 2016, his estate went into probate and has been the subject of ongoing legal battles. Prince did not have a will at the time of his death, which complicated matters. The estate is estimated to be worth over $200 million and includes his music catalog, unreleased recordings, real estate holdings, and other assets.

Prince's sister and his five half-siblings are the legal heirs to his estate, but there have been disputes over how it should be divided. In 2017, the estate entered into a deal with Universal Music Group for the rights to Prince's music catalog. The estate has also released several posthumous albums, including "Piano & A Microphone 1983" and "Originals," which feature previously unreleased recordings.

As of now, the legal battles over Prince's estate continue, and it remains unclear how the assets will ultimately be divided among his heirs.