Tag Archives: estate

Prince’s Estate Says Singer Left Behind $2.8M In Music Equipment

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Source: Prince performs live in Birmingham at the LG Arena in May 2014 on his “Hit and Run part II” tour. The music icon died on Thursday 21st April 2016 at his Paisley Park estate in Minnesota at the age of 57. Featuring: Prince, Prince Rogers Nelson Where: Birmingham, United Kingdom When: 21 Apr 2016 Credit: WENN.com The passing of Prince in April 2016 left a massive void in the world of music, and fans have since wondered what would become of his holdings in the wake. The legendary musician’s estate has been tallying up his items for the better part of the year and revealed that the artist born Prince Rogers Nelson left behind nearly $3,000,000 in music equipment. The Blast reports : On September 7, the estate filed an inventory of the current assets and property from the time period of February 2017 to January 2018. During that timeframe, Prince pulled in $755,173.41 in royalties, an additional $2.45 million in “other income,” $20,112 in rental income and $277k in tax refunds. They note that in previous inventory filings, they forgot to mention Prince had two additional gold bars — “1 ounce each” — worth a total of $2,502. Prince’s estate has $15,196,500 worth of real estate and $19,612,358.47 in notes and cash. The docs redacted the amounts of stocks and other personal property the singer owned. An appraiser hired by the estate determined that Prince’s musical instruments are worth an estimated $2,858,875 and photographs he had could sell for $40,165. The other personal items he owned could be worth around $900,000. The estate continues to hammer out itemizing all of the late singer’s belongings in what appears to be preparations for a public sale or auction. — Photo: WENN

Prince’s Estate Says Singer Left Behind $2.8M In Music Equipment

Who Gets Aretha Franklin’s Money? After Death, Singer Net Worth, Estate Now Up For Grabs

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A fter Aretha Franklin ’s family paid their final respects to the legendary singer on Friday, attention turned to the unpleasant job of dividing her fortune. It’s unclear how she would have wanted her estate settled because the Queen of Soul died without a will, leaving that decision to state law. SEE ALSO: From Al Sharpton To Barack Obama: Here’s How Aretha Franklin Was Celebrated At Her Funeral Franklin, 76, died Aug. 16 of pancreatic cancer. She’s survived by four sons and other descendants who must figure out how many millions she was worth. Her wealth included royalties from hit songs, as well as property. “I tried to convince her that she should do not just a will but a trust while she was still alive. She never told me, ‘No, I don’t want to do one.’ She understood the need. It just didn’t seem to be something she got around to,” Don Wilson , Franklin’s longtime lawyer, told the Associated Press . #RIP Aretha Franklin. See these photos, video and other moments from the Queen of Soul's funeral today in Detroit. https://t.co/H3nBGqBcS0 pic.twitter.com/4bdv46r9dr — NewsOne (@newsone) August 31, 2018 Franklin’s four sons will equally divide their mother’s assets under Michigan law. Her son’s range in age 48 to 63. The eldest, Ted White Jr. Clarence , is represented by a guardian because he’s incapacitated. One of Franklin’s nieces agreed to serve as executor. It’s estimated that the singer’s wealth is in the tens of millions. Franklin had ownership of the songs she wrote. Among her top hits, “Think” is the only one that she composed. The lion’s share of royalties for the smash hit “Respect” has gone to the songwriter, the estate of soul singer Otis Redding . She also owned several properties in the Detroit area with an estimated market value of about $4 million, according to the AP. Meanwhile, the Internal Revenue Service is keeping a careful eye on things. The IRS will collect any back taxes Franklin owed and tax her estate 40 percent for assets exceeding $11.2 million. An old friend, businessman Ron Moten , offered advice to Franklin’s sons in his speech at Friday’s funeral. “Remember your family, and friends that have been with you for years because you are about to meet a lot of people who will now want to be your new best friend. You will also meet some people that will have the best investments in the world for you,” he said. “My advice? Go slow, be careful and be smart.” SEE ALSO: Bishop At Aretha Franklin’s Funeral Apologizes To Ariana Grande And The Hispanic Community Aretha Franklin Deserves Respect And A Congressional Gold Medal, Kamala Harris Says [ione_media_gallery src=”https://newsone.com” id=”3824695″ overlay=”true”]

Who Gets Aretha Franklin’s Money? After Death, Singer Net Worth, Estate Now Up For Grabs

Who Gets Aretha Franklin’s Money? After Death, Singer Net Worth, Estate Now Up For Grabs

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A fter Aretha Franklin ’s family paid their final respects to the legendary singer on Friday, attention turned to the unpleasant job of dividing her fortune. It’s unclear how she would have wanted her estate settled because the Queen of Soul died without a will, leaving that decision to state law. SEE ALSO: From Al Sharpton To Barack Obama: Here’s How Aretha Franklin Was Celebrated At Her Funeral Franklin, 76, died Aug. 16 of pancreatic cancer. She’s survived by four sons and other descendants who must figure out how many millions she was worth. Her wealth included royalties from hit songs, as well as property. “I tried to convince her that she should do not just a will but a trust while she was still alive. She never told me, ‘No, I don’t want to do one.’ She understood the need. It just didn’t seem to be something she got around to,” Don Wilson , Franklin’s longtime lawyer, told the Associated Press . #RIP Aretha Franklin. See these photos, video and other moments from the Queen of Soul's funeral today in Detroit. https://t.co/H3nBGqBcS0 pic.twitter.com/4bdv46r9dr — NewsOne (@newsone) August 31, 2018 Franklin’s four sons will equally divide their mother’s assets under Michigan law. Her son’s range in age 48 to 63. The eldest, Ted White Jr. Clarence , is represented by a guardian because he’s incapacitated. One of Franklin’s nieces agreed to serve as executor. It’s estimated that the singer’s wealth is in the tens of millions. Franklin had ownership of the songs she wrote. Among her top hits, “Think” is the only one that she composed. The lion’s share of royalties for the smash hit “Respect” has gone to the songwriter, the estate of soul singer Otis Redding . She also owned several properties in the Detroit area with an estimated market value of about $4 million, according to the AP. Meanwhile, the Internal Revenue Service is keeping a careful eye on things. The IRS will collect any back taxes Franklin owed and tax her estate 40 percent for assets exceeding $11.2 million. An old friend, businessman Ron Moten , offered advice to Franklin’s sons in his speech at Friday’s funeral. “Remember your family, and friends that have been with you for years because you are about to meet a lot of people who will now want to be your new best friend. You will also meet some people that will have the best investments in the world for you,” he said. “My advice? Go slow, be careful and be smart.” SEE ALSO: Bishop At Aretha Franklin’s Funeral Apologizes To Ariana Grande And The Hispanic Community Aretha Franklin Deserves Respect And A Congressional Gold Medal, Kamala Harris Says [ione_media_gallery src=”https://newsone.com” id=”3824695″ overlay=”true”]

Who Gets Aretha Franklin’s Money? After Death, Singer Net Worth, Estate Now Up For Grabs

Mayor Kasim Reed Sells Underground Atlanta

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Atlanta Mayor Kasim Reed gets wish of selling Underground Atlanta. The deal was finalized Thursday morning of selling the property to a South Carolina-based property group. The group has plans of turning the Underground into a residential area and a new shopping center, which will have a grocery store. The group, called, WRS Real Estate […]

Mayor Kasim Reed Sells Underground Atlanta

Wade Robson Wants Michael Jackson’s Estate To Admit Sexual Contact Between The Two, Files GRAPHIC Court Documents

Here we go again … Wade Robson Demands Jackson’s Estate Admit Forced Sexual Contact Wade Robson is still insisting that there was inappropriate sexual contact between himself and Michael Jackson when he was a young boy, and now wants Jackson’s estate to admit his wrongdoing posthumously. He has come forth with graphic court documents detailing the sexual contact he alleges that happens. WARNING: this content is graphic in nature. Via RadarOnline : Michael Jackson‘s molestation accuser, choreographer Wade Robson, has filed explosive new court documents accusing the King Of Pop of committing a wide array of sexual acts against him, including fellatio, mutual masturbation, and even anal rape. Only RadarOnline.com has the full, graphic, details of the disturbing development in the case — straight from the court documents. The documents, filed in Robson’s case against MJJ Productions, Jackson’s estate, reveal that Robson is seeking admissions that between 1990 and 1997 Jackson committed several disturbing acts against Robson at a “his ranch in Santa Barbara County” and elsewhere. Robson’s attorneys start the request innocently enough, asking Jackson’s estate to admit that Jackson “invited Robson and his family to stay at [Jackson’s ranch] in February, 1990.” There, the documents ask the estate to admit Jackson “employed an audible alarm system for his bedroom [and] hung ‘do not disturb’ signs on his bedroom door.” Inside the bedroom, the documents as Jackson’s estate to admit, “sexual activities occurred between [Jackson] and Wade Robson periodically during the time period from approximately 1990 to 1997,” when Robson was between the ages of 7 and 14. Those activities included Jackson “putting his hand over Robson’s clothed penis,” “putting his hand inside Wade Robson’s underpants,” “taking Wade Robson’s hand and putting it over [Jackson’s] clothed penis,” “taking Wade Robson’s hand and putting it inside [Jackson’s] underpants,” “French kissing,” “rubbing Wade Robson’s penis,” “having Wade Robson rub [Jackson’s] penis,” “licking Wade Robson’s anus while [Jackson] masturbated using lotion,” “the mutual fondling of genitals” with hands and mouths, “mutual fellatio,” “lying on top of [each other] gyrating their genitals together,” “showering naked together,” and even “penetration of Wade Robson’s anus with [Jackson’s] penis,” the documents ask his estate to admit. He also “showed Wade Robson explicit adult pornography in the form of magazines, books, and videos,” “told Robson he loved him” and “called Robson ‘son’” the documents ask the estate to admit. Jackson “told Robson that if anyone were to ever find out about their sexual activities, both of their careers would be over,” the documents ask the estate to admit, along with the allegation that Jackson “told Robson that if anyone were ever to find out about their sexual activities, they would go to jail.” These are some SERIOUS allegations, and Robson really refuses to let it go. Despite how things turned out with his last few court cases and media campaigns…do you think there’s any truth to his side of the story???

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Wade Robson Wants Michael Jackson’s Estate To Admit Sexual Contact Between The Two, Files GRAPHIC Court Documents

Wade Robson Insists Michael Jackson Raped Him, Wants Estate to Admit GRAPHIC Acts

Michael Jackson’s child molestation accuser, choreographer Wade Robson, has filed new court documents detailing the star’s allegedly sordid acts. Wade is suing Michael’s estate for a wide variety of sexual acts committed against him, including oral sex, mutual masturbation, and even anal rape. The documents seek an admission from the estate that from 1990-97, the King of Pop committed many disturbing acts against Robson, then age 7-14. From the start, the estate has adamantly denied Robson’s allegations. Robson’s attorneys start by asking Jackson’s estate to admit that Jackson “invited Robson and his family to stay at [Jackson’s ranch] in February 1990.” There, the documents ask the estate to admit Jackson “employed an audible alarm system for his bedroom [and] hung ‘do not disturb’ signs on his bedroom door.” Inside, the documents ask Jackson’s estate to admit, “sexual activities occurred between [Jackson] and Wade Robson periodically” from 1990-97.” Those alleged activities include , but are not necessarily limited to: French kissing Showering naked together Fondling of genitals mutally Performing mutual fellatio Viewing pornography Lying on top of each other gyrating genitals together Jackson “putting his hand over Robson’s clothed penis” MJ “putting his hand inside Wade Robson’s underpants” Michael “taking Wade Robson’s hand and putting it over [Jackson’s] clothed penis” and “taking [Robson’s] hand and putting it inside [Jackson’s] underpants” “Rubbing Wade Robson’s penis” and “having Wade Robson rub [Jackson’s] penis” “Licking Wade Robson’s anus while [Jackson] masturbated using lotion” “Penetration of Wade Robson’s anus with [Jackson’s] penis” MJ forced Robson to be quiet , he claims, saying “that if anyone were to ever find out about their sexual activities, both of their careers would be over.” Wade famously denied all such allegations levied against Jackson during his child molestation trial, serving as a key witness for MJ against another boy’s claims. The estate is asking a Los Angeles judge to reject Robson‘s molestation claim against the late singer because he supposedly waited too long to file. Robson says to have only remembered that Michael Jackson molested him after having two “breakdowns” which resulted in him seeking intensive therapy. The judge hasn’t yet ruled on whether or not Robson’s case will be allowed to proceed, but he’s not showing any signs of backing down, that’s for sure. Remembering Michael Jackson (1958-2009) 1. The Moonwalk Michael Jackson pioneered so many dance moves, he pretty much is in his own category. No one ever moved like this guy.

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Wade Robson Insists Michael Jackson Raped Him, Wants Estate to Admit GRAPHIC Acts

Lawsuits: Drizzy Drake Sued For $300K Over Illegal Sampling Used On Jay Z Collabo “Pound Cake”

Marvin Gaye’s Family Blasts Robin Thicke in New Interview [VIDEO]

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  The feud between Robin Thicke and Marvin Gaye‘s estate won’t be ending any time soon. In fact, it’s just beginning to heat up. Marvin…

Marvin Gaye’s Family Blasts Robin Thicke in New Interview [VIDEO]

Pedo Files: Choreographer Wade Robson Says Michael Jackson Had Sex With Him At 7-Years-Old While His Sister Slept In The Same Room

Wade claims MJ was was moonwalking on his underage peen… Wade Robson Says Michael Jackson Had Sex With Him At Seven Years Old Michael Jackson allegedly made his move on Wade Robson when he was just seven years of ag e — as his sister slept in another bed just feet away at Neverland Ranch in Santa Barbara, California. Via RadarOnline reports: Robson, now 30, has told how the King of Pop made his first sexual advances on the young child prodigy in the star’s bedroom in 1990, as the Australia-born dancer’s older sister Chantal slept in the same room and often with his mother under the same roof. The abuse allegedly continued unabated for another two weeks and from then on, for a period of seven years. “We can never tell anyone what WE are doing,” Jackson told Robson, according to new court documents filed in the father-of-one’s creditor’s claim against the Estate of the late singer and obtained by RadarOnline.com. Now, Robson has alleged that Jackson “coached” him “every day” to provide certain statements against claims of molestation, beginning with the Jordy Chandler case in September 1993. “He would tell me that our phones were tapped and ‘they’ were listening to everything we said,” Robson said of private conversations with Jackson. “He would role play with me and say to me, ‘They are saying we did all of this disgusting sexual stuff. We never did any of that, right?’ I would play along and answer, ‘No way!’ He would say, ‘If they believed that we did any of this sexual stuff, YOU AND I would go to jail for the rest of our lives. Our lives and careers would be over. We’ve got to fight this. We’ve got to beat them together.” Jackson selected, hired and paid for the lawyer who represented Robson in relation to his testimony to the grand jury in the Chandler case, it was also revealed. Then, when Jackson was criminally charged in 2005, he again, allegedly, began to coach Robson. Do you think he is a legitimate victim or is he just looking for a pay day? Continue reading

Super Star Choreographer Wade Robson Claims Michael Jackson Molested Him

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  Michael Jackson’s Estate is being sued for allegedly molesting a now-famous choreographer who spent a great part of his childhood with MJ at the…

Super Star Choreographer Wade Robson Claims Michael Jackson Molested Him