Six years after the passing of the legendary musician Prince, a ruling has ended the battle over his estate.

Since Prince had no will, children, or spouse, this placed six half-siblings as his legal heirs and catalyzed the probate process in court to divide Prince’s estate. In January, there was progress as the heirs closed a deal with the Internal Revenue Service marking the tax valuation of the estate to $156 million, according to Billboard. One month later, the judge recommended turning Prince’s holdings into limited liability companies (LLCs). The move decreased the estate’s tax exposure and solidified a management plan for how the parties involved could collaborate to administer music and other jointly-held assets.

Three of Prince’s half-siblings, Tyka Nelson, Omarr Baker, and Alfred Jackson, sold all or most of their shares of the estate to Prince Oat Holdings LLC (Primary Wave). The remaining three reportedly retained their stakes and partnered with advisors L. Londell McMillan and Charles Spicer.

Now a resolution has been reached after a long-fought battle.

A hearing on July 29, disclosed an agreement to distribute Prince’s estate, including $6 million in cash and more due to music rights and other intangibles, Billboard reports.

Primary Wave will split the funds with Prince Legacy LLC, which is “the heirs plus McMillan and Spicer, and managed by McMillan’s NorthStar Group,” after a hearing on Aug. 1 facilitated by a Minnesota judge, the outlet also reports. During the probate case, Comerica Bank & Trust served as a court-appointed administrator to oversee the handling of the estate.

Prince Legacy LLC

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