The estate of Georgia singer James Brown, who died in 2006, has been plagued by trouble almost even before the testator's death.
Recently, reported Forbes magazine, owing to court disputes and problems getting income streams from estate assets, the estate faced some $20 million in debt as against $14,000 in cash and other holdings.
The Augusta Chronicle reported, furthermore, in January that an irrevocable trust established by Brown to benefit children's charities has been fleeced at least to the tune of $373,000 by its former trustee, David Cannon.
Presently, Cannon is battling a contempt charge in the South Carolina Supreme Court for failure to pay restitution of this amount, plus attorney fees and penalties.
Working against Cannon in his efforts to argue the fees and fine are excessive is the fact that he owns a $1 million home in Honduras purchased, in large part it would seem, with funds from the Brown trust.
Tanner Pittman, LLC is an estate planning and probate law firm that assists clients in pursuing cases of breach of fiduciary duty against executors and trustees in estates.
Tanner Pittman, LLC is a West Georgia law firm that specializes in estate services, civil litigation, and legal transactions.
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