independent and unofficial
Prince fan community
Welcome! Sign up or enter username and password to remember me
Forum jump
Forums > General Discussion > South Carolina court overturns James Brown estate deal
« Previous topic  Next topic »
  New topic   Printable     (Log in to 'subscribe' to this topic)
Author

Tweet     Share

Message
Thread started 03/11/13 6:41pm

Timmy84

South Carolina court overturns James Brown estate deal

S.C. court overturns James Brown estate deal

March 4, 2013 12:07 am

By Meg Kinnard / The Associated Press

COLUMBIA, S.C. -- The South Carolina Supreme Court last week overturned a settlement divvying up the multimillion-dollar estate of James Brown, saying a former attorney general didn't follow the late soul singer's wishes in putting together the deal.

Attorney General Henry McMaster brokered a settlement in 2009 that split Brown's estate, giving nearly half to a charitable trust, a quarter to his widow, Tomi Rae Hynie, and leaving the rest to be split among his adult children.

But the justices ruled that the deal ignored Brown's wishes for most of his money to go to charity. The court also ruled the Godfather of Soul was of sound mind when he made his will before dying of heart failure on Christmas Day 2006 at age 73.

The court sent the estate back to a lower court to be reconsidered.

The justices did agree with the lower court's decision to remove Brown's original trustees. Members of Brown's family said they wanted them gone because the trustees mismanaged the estate until it was almost broke.

The court said it had no idea what the estate was worth, giving an estimate of $5 million to more than $100 million.

The justices harshly criticized McMaster, who stepped in to broker the settlement after the estate floundered in court for years. Under McMaster's deal, a professional manager took control of Brown's assets from the estate's trustees, wiping out crushing debt -- more than $20 million Brown had borrowed for a European comeback tour -- and opening the way for needy students to receive college scholarships. The plan allowed a financial manager to cut lucrative deals that put Brown's music on national and international commercials for products such as Chanel perfume and Gatorade.

Chief Justice Jean Toal suggested Wednesday that, if the settlement was allowed to stand, it could discourage people from leaving most of their estate to charity for fear their wishes could easily be overturned.

The dispute came to the court after the ousted trustees sued.

"The compromise orchestrated by the AG in this case destroys the estate plan Brown had established in favor of an arrangement overseen virtually exclusively by the AG," giving large sums of money to relatives even though they were given little or no control in the singer's original will, Associate Justice John Kittredge wrote.

The fight over Brown's estate even spilled over into what to do with his body. Family members fought over the remains for more than two months, leaving Brown's body, still inside a gold casket, sitting in cold storage in a funeral home. Brown was eventually buried in Beech Island, S.C., at the home of one of his daughters. The family wanted to turn the home into a shrine for Brown similar to Elvis Presley's Graceland, but that idea has not gotten off the ground.

An attorney for Adele Pope -- one of the trustees who appealed -- commended the court for its ruling, which he said would more accurately fulfill Brown's wishes.

"James Brown was certainly devoted to the cause of education," James Richardson said. "Today's decision means that the bulk of his fortune will go to the cause of educating needy children."

McMaster, who left office in 2010, did not immediately comment on the ruling. However, he said in 2011 that "the settlement was a very good one for ... the education of the poor children, because there was a danger that they would get nothing."

Current Attorney General Alan Wilson said he respected the court's decision but felt McMaster had acted legally.

  - E-mail - orgNote - Report post to moderator
Reply #1 posted 03/11/13 8:25pm

luv4u

Moderator

avatar

moderator

When anyone dies, all the greedy folks come out of the wood work.

I am glad the money will go where James Brown wanted it to go. cool

canada

Ohh purple joy oh purple bliss oh purple rapture!
REAL MUSIC by REAL MUSICIANS - Prince
"I kind of wish there was a reason for Prince to make the site crash more" ~~ Ben
  - E-mail - orgNote - Report post to moderator
Reply #2 posted 03/11/13 9:11pm

Timmy84

^ James Brown's daughters are nothing but snakes...

  - E-mail - orgNote - Report post to moderator
Reply #3 posted 03/12/13 5:38pm

TD3

avatar

From the little I've read, James Brown lawyers didn't serve him well. When you have protracted litigation, someone didn't dot the i's and cross the t's. James Brown didn't keep his Will up to date hence he's also to blame to a big degree for all the courtroom drama. The lawyers will make some coins. neutral He's kids appear to be no good, and appears to goes a long way in explaining why he chose not to leave them a dime.

  - E-mail - orgNote - Report post to moderator
Reply #4 posted 03/12/13 5:38pm

TD3

avatar

From the little I've read, James Brown lawyers didn't serve him well. When you have protracted litigation, someone didn't dot the i's and cross the t's. James Brown didn't keep his Will up to date hence he's also to blame to a big degree for all the courtroom drama. The lawyers will make some coins. neutral His kids appear to be no good, and it appears to go a long way in explaining why he chose not to leave them a dime.

============================

[Edited 3/12/13 18:02pm]

  - E-mail - orgNote - Report post to moderator
Reply #5 posted 03/12/13 5:56pm

Timmy84

TD3 said:

From the little I've read, James Brown lawyers didn't serve him well. When you have protracted litigation, someone didn't dot the i's and cross the t's. James Brown didn't keep his Will up to date hence he's also to blame to a big degree for all the courtroom drama. The lawyers will make some coins. neutral He's kids appear to be no good, and appears to goes a long way in explaining why he chose not to leave them a dime.

nod

James was also not planning to die so soon. Word was he was gonna renew the will when he suddenly died. So his death also played into why the will was so messed up in the first place but I still think he wanted the money to go to the charity of helping kids in school.

  - E-mail - orgNote - Report post to moderator
Reply #6 posted 03/12/13 6:47pm

TD3

avatar

Timmy84 said:

TD3 said:

From the little I've read, James Brown lawyers didn't serve him well. When you have protracted litigation, someone didn't dot the i's and cross the t's. James Brown didn't keep his Will up to date hence he's also to blame to a big degree for all the courtroom drama. The lawyers will make some coins. neutral His kids appear to be no good, and it appears to go a long way in explaining why he chose not to leave them a dime.

nod

James was also not planning to die so soon. Word was he was gonna renew the will when he suddenly died. So his death also played into why the will was so messed up in the first place but I still think he wanted the money to go to the charity of helping kids in school.

A lot people don't think they aren't going to die anytime soon; I think this was just one part of Brown's problem. lol With Brown's vast wealth he should have reviewed his Will yearly... if he wanted to push it every two years. I would like to think when he drew up his Will Brown's lawyers advised him and/or offered suggestions on how to make this a seamless process, especially since he had children by different women. Most lawyers know there's a greater possibility for legal wrangling when you have up-teem children in the mix. Hot mess.

  - E-mail - orgNote - Report post to moderator
Reply #7 posted 03/25/13 10:42am

Timmy84

TD3 said:

Timmy84 said:

nod

James was also not planning to die so soon. Word was he was gonna renew the will when he suddenly died. So his death also played into why the will was so messed up in the first place but I still think he wanted the money to go to the charity of helping kids in school.

A lot people don't think they aren't going to die anytime soon; I think this was just one part of Brown's problem. lol With Brown's vast wealth he should have reviewed his Will yearly... if he wanted to push it every two years. I would like to think when he drew up his Will Brown's lawyers advised him and/or offered suggestions on how to make this a seamless process, especially since he had children by different women. Most lawyers know there's a greater possibility for legal wrangling when you have up-teem children in the mix. Hot mess.

Yup. nod

  - E-mail - orgNote - Report post to moderator
  New topic   Printable     (Log in to 'subscribe' to this topic)
« Previous topic  Next topic »
Forums > General Discussion > South Carolina court overturns James Brown estate deal