Tag

Estate

All articles tagged with #estate

Paul Allen's Seahawks Enter Sale Process After Super Bowl Triumph
business10 days ago

Paul Allen's Seahawks Enter Sale Process After Super Bowl Triumph

The estate of Paul G. Allen has launched a formal sale process for the Seattle Seahawks, ten days after the team’s Super Bowl victory. Allen bought the franchise in 1997 and died in 2018; the sale proceeds are intended for philanthropy. Forbes values the Seahawks at about $6.7 billion, making them among the NFL’s most valuable franchises. The sale is being led by Allen & Company and Latham & Watkins, with sister Jody Allen as executor, and comes after other marquee deals like the Commanders’ 2023 sale; the Trail Blazers’ sale is also progressing under separate terms.

Epstein Estate Trust Names Girlfriend and Inner Circle as Heirs
business24 days ago

Epstein Estate Trust Names Girlfriend and Inner Circle as Heirs

Jeffrey Epstein’s late-1953 Trust, disclosed in DOJ files, earmarks about $100 million for his girlfriend Karyna Shuliak (including a $50 million annuity) and assigns $50 million to his lawyer Darren Indyke and $25 million to his in-house accountant Richard Kahn; other named beneficiaries include Epstein’s brother Mark Epstein, Ghislaine Maxwell, and Harvard professor Martin Nowak among roughly 40 potential heirs. The estate’s value has fallen from about $600 million to roughly $120 million after taxes, legal fees, and settlements, while a victim-restitution fund has already paid out more than $121 million, with no provision for abuse victims in the trust.

Estate presses to enforce Doherty divorce as ex-husband battles jurisdiction
entertainment1 month ago

Estate presses to enforce Doherty divorce as ex-husband battles jurisdiction

Shannen Doherty’s estate is moving to enforce the divorce settlement with ex-husband Kurt Iswarienko, four months after Doherty’s death, while Iswarienko argues the proceeding should not stand in the court that handled the agreement because her death ended the marriage. The estate alleges Iswarienko failed to list a Texas property for sale, withheld about $50,000, and did not return Doherty’s belongings, and it seeks lists of works and licensing rights and other obligations described in the settlement, including removal of Doherty’s photos from his site.

Apollonia Sues Prince Estate Over Name and Trademark Rights
entertainment6 months ago

Apollonia Sues Prince Estate Over Name and Trademark Rights

Apollonia (Patty Kotero), known for her role in 'Purple Rain,' has filed a lawsuit against Prince's estate, claiming they improperly attempted to claim ownership of her 'Apollonia' trademark, which she has used for over 40 years. She asserts her rights to the name and accuses the estate of bad-faith legal actions to seize her brand and identity, despite Prince's prior support for her use of the name.

Brooke Hogan Threatens Legal Action Over Family Disputes and Funeral Details
entertainment6 months ago

Brooke Hogan Threatens Legal Action Over Family Disputes and Funeral Details

Brooke Hogan has threatened to sue Hulk Hogan's estate over false rumors about their relationship, expressing frustration and calling for an end to the disputes following Hulk Hogan's death from a heart attack in 2025. She did not attend his funeral and wants the controversy to cease, emphasizing her readiness to take legal action against those spreading lies.

Brooke Hogan mourns her father Hulk Hogan amid legacy and controversy
entertainment7 months ago

Brooke Hogan mourns her father Hulk Hogan amid legacy and controversy

Brooke Hogan removed herself from Hulk Hogan's will in 2023 to avoid potential disputes over his estate after his death, citing concerns about those around him. Hulk Hogan passed away at 71 due to a cardiac arrest, and Brooke, who is estranged from her father, expressed her love and memories of him in heartfelt social media posts. She will still receive some benefits from a life insurance policy.

Family Rift: Brother Seeks Reconciliation After Estate Scam
advice-column1 year ago

Family Rift: Brother Seeks Reconciliation After Estate Scam

In an advice column, R. Eric Thomas addresses a situation where a man named Tom is dealing with his brother, Dick, who has mismanaged and misappropriated funds from their late parents' estate. Dick, as executor, has paid himself excessively and undervalued estate assets to Tom. Despite Tom's desire to maintain their relationship, he is forced to take legal action to remove Dick as executor and recover funds. Thomas advises supporting Tom by affirming his decisions and assisting with legal proceedings, while acknowledging the emotional complexity of the sibling relationship.

entertainment1 year ago

Tyka Nelson, Prince's Sister and Singer, Passes Away at 64

Tyka Nelson, the sister of the late music icon Prince, passed away at the age of 64. A Minneapolis-based singer, she recorded four albums and was working on a memoir at the time of her death. Tyka was one of the legal heirs to Prince's estate, which was valued at over $150 million. She is survived by her sons President and Sir, and siblings Sharon, Norrine, and Omarr.

music1 year ago

Tyka Nelson, Prince's Sister and Musician, Passes Away at 64

Tyka Nelson, the sister of legendary musician Prince and a singer-songwriter herself, passed away at the age of 64. She released four albums, with her debut 'Royal Blue' in 1988 featuring her most successful songs. Nelson was deeply involved in managing Prince's estate after his death in 2016, helping to preserve his extensive archive of unreleased music. Despite selling most of her shares in the estate, she remained a key figure in maintaining her brother's legacy.

music1 year ago

Tyka Nelson, Prince's Sister and Singer, Passes Away at 64

Tyka Nelson, the only full sibling of legendary musician Prince, has passed away at the age of 64. A Minneapolis-based singer, Nelson released four albums and was planning a farewell concert last June, which she missed due to illness. She was one of Prince's legal heirs and had sold her estate interests to Primary Wave Music. Nelson is survived by her sons and siblings. Her passing was confirmed by a representative of Prince's estate, though no cause of death was disclosed.