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FILE - In this May 19, 2013 file photo, Prince performs at the Billboard Music Awards at the MGM Grand Garden Arena in Las Vegas. Several pills taken from Prince's estate in Paisley Park after his death were counterfeit drugs that actually contained fentanyl,a synthetic opioid 50 times more powerful than heroin, an official close to the investigation said Sunday, Aug. 21, 2016. (Photo by Chris Pizzello/Invision/AP, File)

Judge is in no hurry to determine Prince's heir in $200 million estate case

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A judge overseeing Prince's estate on Thursday announced he will wait for appeals to be exhausted before making a final determination on who will inherit a fortune that could be worth around $200 million.

Carver County District Judge Kevin Eide at a hearing Thursday said the late superstar's six confirmed siblings are the likely heirs, although Prince did not leave a will prior to his death in April of a painkiller overdose.

The judge has rejected claims from several other people to be Prince's child, sibling or wife.

"The court cannot make a determination of who the heirs are until these appeals are exhausted," Eide said. That process typically takes several months or more.

Prince's sister, Tyka Nelson, and his five half-siblings also want Comerica Bank and Trust to take over running the estate from temporary special administrator Bremer Trust. Attorneys for the two institutions said they expect a handover at the end of the month. 

Eide also heard testimony but did not immediately rule on whether he should appoint an individual as a "co-personal representative," to act in part as a go-between Prince's siblings and Comerica. Both candidates were Prince insiders.

Court filings suggest the estate is worth around $200 million. The estate faces a Jan. 21 tax filing deadline. Federal and state estate taxes are expected to gobble up about half the value, although the estate can pay over time.

--The Associated Press contributed to this report.

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