How many of Prince’s six heirs sold their interests to Primary Wave?
Correct!
Wrong!
Three, giving Primary Wave roughly half the estate’s assets.
What is Prince’s date of birth?
Correct!
Wrong!
7 June 1958.
Which bank acted as administrator of the estate?
Correct!
Wrong!
Comerica Bank & Trust.
Roughly what proportion of the estate did Primary Wave end up holding?
Correct!
Wrong!
Roughly half, after buying out three of six heirs.
What happened to the IRS accuracy penalty in the settlement?
Correct!
Wrong!
The 6.4 million dollar penalty was dropped.
In which month did a judge approve the closing agreement?
Correct!
Wrong!
August 2022.
Why is Prince’s figure unusual for a net-worth profile?
Correct!
Wrong!
A rare case of a definitive number.
What continued after the 2022 settlement?
Correct!
Wrong!
Disputes among the remaining interests have continued.
Which single decision caused nearly all the cost and delay?
Correct!
Wrong!
Everything else followed from intestacy.
What does the case most clearly demonstrate?
Correct!
Wrong!
Two professionals differed by 81 million dollars.
Prince Quiz: Legendary Challenge
Respectable
This tier is meant to hurt.
Serious Knowledge
Very few get this far on the Legendary round.
Legendary
A perfect score on the hardest tier we write.
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