Jace

Thinking long-term in a short-term world.

[Jace @JaceClipz]

https://t.co/gIUd6VYPDv

[Jace @JaceClipz]

@versivald The ring lost 60% of its value faster than the marrieage lost 100% of its 😁

[Jace @JaceClipz]

@Tolot0caw Paid the IRS liens, paid the back support, paid the legal fees. That doesen't sound broke to me. It sounds like someone who didn't want to pay

[Jace @JaceClipz]

@DrBoxing1 A true classic. Shame his legacy is now tied ip in family court fight instead of the music

[Jace @JaceClipz]

Tony Bennett's daughters say he earned over $100 million from live shows in his last 15 years. They were told his estate was worth less than $7 million.

He set up a family trust in December 1994, with his son Danny, also his manager, as a co-trustee. In 2016 he was diagnosed with Alzheimer's. He died in July 2023, at 96, leaving Danny as sole trustee.

His daughters Antonia and Johanna say he "expressed a clear intention and direction in his estate plans that all four of his children be treated equally."

The court record, from the daughters' filings:
$4.2 million is what they say Danny got in lifetime gifts, "more than double" what each of the other three children got.
$2.6 million (just under) in commissions paid to Danny's company.
$245,000 is what each daughter has received from the trust.
July 2022: Tony's catalog and likeness rights were sold to the firm Iconoclast.
June 2024: the daughters sued for a full accounting.
March 2025: they sued again to remove Danny as trustee.

They say Tony left Antonia his piano. When she was finally let into his apartment, it "was in terrible condition." They say Danny's lawyer later told them most of Tony's clothing "was donated to charity without notice."

The case for Danny: he managed his father's career and money from the 1970s until Tony retired in 2021, and his lawyers say Tony credited him with reviving his career. "He trusted me to manage his career, to manage his money, and to serve as his trustee." "There is nothing to fight about."

The case for the daughters: their father was diagnosed with Alzheimer's six years before the catalog sale, and they say Danny served as sole trustee "with no oversight."

In the video below Johanna says: "My biggest fear is that for the rest of our lives... our father... will continue to make money and that his wishes will not be validated."

Did Tony Bennett trust the right child with his money, or were his daughters cut out?

[Versivald @versivald]

https://t.co/gZGqHHRlf9

[Jace @JaceClipz]

@quazinov Hard case. She didn't want him, but he didn't ask to be born either. The kid shouldn't pay the price for a broken marriage

[Jace @JaceClipz]

@DemonJin86848 No way. Alzheimer's diagnosed in 2016, catalog sold in 2022, and one sibling signing off on all of it alone. That's exactly where oversight is needed

[Jace @JaceClipz]

@monvyrn Exactly. When one person manages the career, the mpney and the trust, nobody can check his numbers but him

[Jace @JaceClipz]

@Tolot0caw 4.2M$ vs 245K$ each isn't a small gap. Even if Danny earned his commissions, a full accounting should have happend years ago

[Jace @JaceClipz]

@Tolot0caw 3m isntead of 36 is still a light sentence for over 1M in unpaid taxes. Most people wouldn't get that break

[Jace @JaceClipz]

@versivald To be fair, he put his own money in and took no salary. The bigger question is why a state was guaranteeing loans for a startup that had never shipped a product.

[Jace @JaceClipz]

@kardinall That's what makes it messy. Same 1.5M$, but he calls it a lump sum and she calls it payment for her share of the ranch, below market value.

[Jace @JaceClipz]

Steve Harvey's ex-wife got $40,000 a month, a $1.5 million lump sum and three houses, according to a court document his side released. She says she got 10 checks.

Mary Harvey married him in 1996. Their son Wynton was born in July 1997. The divorce was final in November 2005. In June 2007 he married Marjorie Bridges.

The terms, from the document his camp released in February 2011 with a Texas judge's permission: she was paid $40,000 a month until March 2009, then a $1.5 million lump sum, and she was awarded three homes in the property settlement.

The court record:
February 2011: she posted YouTube videos saying he left her homeless and broke. A Collin County judge ordered them taken down and barred her from talking about him online.
December 2013: she was jailed for 30 days for contempt after breaking the gag order.
May 2017: she sued him for $60 million, alleging "prolonged torture with the infliction of severe mental pain and suffering."
December 15, 2017: a Los Angeles judge dismissed the suit.

Her side: she says the $40,000 payments did not start until 2009 and stopped after 10. She says the $1.5 million was what he paid for her half of their ranch, "way below what market was." She says she was later given 30 days to leave a house she had been awarded, and that he sold it and "kept all the proceeds."

The case for Steve: the 2011 court found her claims were not true, and he had primary custody of Wynton. His lawyers called the $60 million suit "merit-less, frivolous and the allegations are completely false."

The case for Mary: she was with him before the TV shows, "in the trunk of the car with him," she says, and the numbers the public has seen come from a document his camp released.

In the video below she says: "I literally sold him my half of the ranch for $1.5 million. That's what I did. And that's the only money that I walked away from 16 years of marriage."

Did Steve Harvey pay his ex-wife fairly, or did she walk away from his fortune with 10 checks?

[Versivald @versivald]

https://t.co/gZGqHHRlf9

[Jace @JaceClipz]

@versivald Fair point. That's the core of her claim: the agreement says 40k$ a month from 2005, but she says payments only started in 2009 and stoped after 10

[Jace @JaceClipz]

@quazinov If I had 15 mln i wouldn't care about any of this. I'd drop it and just enjoy life

[Jace @JaceClipz]

Eddie Murphy told a TV crew he didn't know whose baby it was "until it comes out and has a blood test." Court papers now call him an "extraordinarily high earner." He pays $35,000 a month.

He started dating Mel B in June 2006, two months after his divorce. In September he said he was "madly in love." In November she announced she was pregnant.

On December 5, 2006, promoting Dreamgirls, he told Dutch TV: "You're being presumptuous, because we're not together anymore. I don't know whose child that is, until it comes out and has a blood test. You shouldn't jump to conclusions, sir."

The court record:
April 3, 2007: their daughter Angel was born.
June 2007: a DNA test confirmed he was the father.
February 2009: they settled the paternity case. $25,000 a month in child support.
$300,000 a year.
2020: Mel B asked for more, saying her income had dropped in the pandemic.
2022: he agreed to $35,000 a month, backdated to October 1, 2021.
$10,000 of her legal fees, paid by him.

Under the deal, Angel's health insurance, school and activities are on Mel B. She says she found out they had broken up from that Dutch TV interview.

The case for Eddie: before the test he said he would "do the right thing" if the girl was his. He has paid child support since 2009, and agreed to the raise.

The case for Mel B: she says the baby was planned, and he said what he said on camera, to the world, while she was pregnant.

In the video below she says: "He apologises to this day about that, because that baby was planned. We planned that baby together, and we were madly in love."

Was Eddie Murphy right to wait for a blood test, or should he never have said it on TV?

[Versivald @versivald]

https://t.co/gZGqHHRlf9

[Jace @JaceClipz]

Glen Campbell's estate was valued in court at $410,221. His widow filed a claim against it for $506,380.93.

He married Kim in 1982. On September 1, 2006, he signed a 13-page will. In 2011 he announced he had Alzheimer's. He died in August 2017, at 81.

The will named Kim as executor. Three of his eight children, Kelli, Travis and Wesley, were "specifically excluded" from any direct benefit.

The court record:
March 8, 2018: Kim filed a claim against the estate for $506,380.93.
$127,000+ of it for "medical and caregiver expenses."
$68,000+ for a security fence and gate around his home.
$175,000 in legal costs and fees.
$134,000 (just under) in assisted living charges.
$410,221 is what the estate administrator valued the estate at, not counting future royalties. Early press reports had said $50 million.
July 2018: Judge David Randy Kennedy ruled the three children could contest the will.
November 2018: they dropped the challenge.

Travis says Kim kept them away from their father in his final years. "We were able to see him twice a month for four hours at a time."

The case for Kim: she cared for him through Alzheimer's, and the will was signed five years before he announced his diagnosis. She said Travis saw his father once in the 20 years before his final year and a half. "There was never any merit to these claims."

The case for the children: they argued he lacked the capacity to sign the will and was subject to undue influence.

In the video below Travis is asked if Kim was purposely keeping him from his father. He says: "Yes, I do."

Was cutting out three of his children Glen Campbell's own choice, or should they have gotten a share?

[Versivald @versivald]

https://t.co/gZGqHHRlf9

[Jace @JaceClipz]

Ray Charles's estate was estimated at $75 million. Each of his 12 children got $500,000 and signed that it was their entire inheritance.

In December 2002, sick with cancer, he gathered his children in Los Angeles. Two of them were in prison and could not come. His son Robert started filming. "My father told me to turn it off."

Each child signed a contract: "he will set up an irrevocable trust for my benefit, to be funded with $500,000." The contract called it "my entire inheritance from him."

He died on June 10, 2004. His will named the Ray Charles Foundation his sole beneficiary, with the rights to his songs.

The court record:
March 2010: seven of the children filed 39 notices to take back the rights to 51 of his songs.
March 28, 2012: the foundation sued them for up to $3.5 million.
January 28, 2013: Judge Audrey Collins ruled the foundation had no standing and let the children recover their legal fees.
July 31, 2015: the Ninth Circuit reversed her and sent the case back.
$58.2 million in net assets is what the foundation reported in 2010.
$422,662 is what the foundation paid its president in 2023.

The children say no one called them when he died. "The way we found out that our father passed was through the media," Robert said.

The case for the foundation: every child signed, and the foundation runs on his royalties. "Mr. Charles conveyed all of his intellectual property rights to RCE and none to any of his children," it told the court.

The case for the children: federal copyright law lets an artist's heirs take back the rights to his songs "notwithstanding any agreement to the contrary."

In the video below his son Ray Jr. says his father told him: "Son, you're special. You don't have to do anything but be my son. That's enough."

Did Ray Charles have the right to leave his songs to a foundation, or should his children get them back?

[Versivald @versivald]

https://t.co/gZGqHHRlf9

[Jace @JaceClipz]

@KnoxClipz is there rl video of cracking?

[Jace @JaceClipz]

@StreamerStorage Hahahah u have to see what he did next