Wednesday, May 27, 2009

SC judge OKs settlement over James Brown estate

SC judge OKs settlement over James Brown estate"After years of hearings in a protracted battle over how to parcel out James Brown's wealth, a South Carolina judge approved a settlement Tuesday that gives nearly half of it to his charitable trust, about a quarter to his wife and young son, and the rest to Brown's adult children. The settlement was a contrast to the instructions spelled out in Brown's will and trust after his death on Christmas Day 2006. Some of Brown's adult children contested the bequest, claiming their father's estate was mismanaged by trustees."
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