You make a lot of assumptions...

<< In our large family, we have had several deaths; and in case there was a will.  The process of opening safe deposit boxes and setting up the estate on normal middle class families took weeks to establish.  >>

In Minnesota, if you die without a will and do not have living parent or child, the state appoints a trustee to act as executor of the estate.  

<< Yet here, in an estate worth $100 to $300 million they jump in and immediately open a vault, when there are many potential issues that might still arise. This is not just a individual, but a huge business enterprise and the disputes that will arise via tax consequences; and such.>>

You are right, this is a hugh business enterprise, and it stops unless the trustee has access to the records needed to continue operations. Bremer Trust is a branch of Bremer Bank, long time financial partner for Prince.

<< The Internet articles refer to Prince’s vault as mythical but it was a real vault filled with a massive collection. >>  Would a $300 million dollar corporation move this quickly through the process? >>

According to published reports and interviews with Prince, there are multiple vaults at the Paisley Park estate.  

<<Would a $300 million dollar corporation move this quickly through the process? >>

Please give me one example of a $300 million corporation that wouldn't want immediate access to their records.  I know of organizations that have had safes cracked and locks drilled because the indivdual with the key was unavailable, not permanently, just temporarily.  

<< Bremer Trust might have exposed the estate to a Pandora’s box of litigation by opening the vault’s music collection ( or music box if you will ) to purview by taxing authorities without first determining a method of valuation that the taxing authorities will contractually accept?  >>

Bremer Trust is the trustee for multiple large estates, I suspect they know what they are doing.  The estate is also the site of an ongoing criminal investigation, who would you rather open the vault, the executor or the DEA?

<< Now these records are floating around and security for these documents is critical at this point in time.>>

Floating around where?

<< Too bad Prince did not have a records manager.>>

What leads you to believe that he didn't?

<< At the very least documenting the elements of the collection, establishing a protocol for protecting the records from exposure and theft by other music entities. Who even knows what truly exists in the collection?  I have seen notes scribbled on napkins outlining the elements of a song and it theme become very valuable.  Without a professional in this process, the value could be greatly diminished.>>

That is exactly what the responsiblities of a Special Administrator of the estate is charged with doing.  As noted previously, Bremer Trust provides this type of services to a wide assortment of individual, non-profit, and corporate entities.  They are entirely capable of successfully completing this assignment.

Bill Roach, CRM

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