James Brown's $100 Million Fortune Under Legal Dispute
Published Apr 04, 2011Aside from a creepy bodysnatching scare last year, "Godfather of Soul" James Brown has been resting peacefully since passing away at the age of 73 on Christmas Day, 2006. His remaining family members haven't been so serene, however, as they are reportedly embroiled in a legal battle regarding his $100 million fortune.
WENN reports that Jacque Hollander, one of Brown's former producers, has taken legal action in an effort to prevent Brown's ex-wife and children from receiving a larger portion of Brown's fortune. According to the report, Brown insisted in his will that his assets be divided between a trust fund for the education of his grandchildren and a fund for needy children to attend college.
A South Carolina judge made some changes to these wishes in 2009, giving nearly half of the fortune to Brown's charitable trust while giving another quarter to Brown's wife Tomi Rae Hynie, their young son and the remainder to Brown's adult children.
Hollander insists that this decision to give Brown's children a bigger settlement, which also includes royalties and marketing rights, goes against the star's wishes, saying that he would have wanted the majority of his funds to go to charity.