Tuesday, October 13, 2009

King Children Reach Agreement Over Estate


After a year of what had been said to be a heated feud, the children of late Martin Luther and Coretta Scott King have reached an agreement to settle control of their parent’s estate without a public trial.

According to Fulton County sources, Fulton County Superior Court Judge Ural D. Glanville declared the siblings “deadlocked” as shareholders and will appoint a temporary custodian who will run King Inc. and work with them to determine the future of the corporation Monday. The temporary custodian is also meant to add credibility to the troubled estate and allow the siblings a chance to focus on healing their personal relationships. According to the AP, all three siblings said they looked forward to mending the rifts of recent months and that significant progress had been made with Monday’s resolution.
“It was a tiring day, but I would say a very triumphant day,” Dexter King said after the hearing.

“This allows us to begin the healing process. I’m looking forward to the future. The most important thing is that we can advance the legacy of our parents.”

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