May 24, 2013

James Brown’s Estate Still Unsettled

   

james brown*It’s been 7-years since the Godfather of Soul, James Brown, passed away, but his estate is still unsettled.

The South Carolina Supreme Court has been going back and forth with the estate and family about who gets what. A 2009 settlement was to give nearly half to a charitable trust, a quarter to his
widow, Tomi Rae Hynie, and the rest to be split among his adult children; but this was recently overturned on account of others who believe the deal was not in favor of the late singer’s requests.

From the beginning, the arrangements had been unclear and controversial. The estate’s worth alone had been a point of confusion, where it was estimated to be valued at $5 million to more than $100 million.

Along with the family’s division on how to divvy up the money and honor Brown’s will, the estate’s fate has been on hold for years. To make matters worse, debate about what to do with his body also became an issue among family members, who for more than two months left his body in a gold casket inside a cold storage until he was finally buried in Beech Island, S.C., at the home of one of his daughters.

Though still somewhat confusing, it seems a ruling has been made to adhere more closely the Brown’s original wishes. A staunch advocate for education, it appears the bulk of his fortune will go to educating needy children.




Articles You May Like

If you have an EURweb account please click here to Login

Comments

  1. This is not news if you watched the “The Will: Family Secrets Revealed”. However, the family has money to spend. Just to probate a will, the cost if $4,000-$5000 just for the retainer fee. In their case, since the family contests the will. Lawyers start clocking at a minumum of $350.00 per hour! So, the irony is…all the money being spent in attorney’s fees could have lined the pockets of the family….it’s just a waste….plus as long at the will is held up, those kids can’t get their money as Mr. Brown orginally intended. Hope they settle soon!

  2. mizz, you are so on point…I really believe James cut off his family and their only out for his money which is why they agreed to bring in the white girl who claims her kid is James’ but has yet to do a DNA test…plus she was married to someone else when she married James…they whole family was full of shit…

Leave a Reply