Wednesday, February 28, 2018
Campbell Estate Includes Diamondbacks Stake
By Walter F. Roche Jr.
The estate of singer Glen Campbell includes a stake in the Arizona Diamondbacks, according to papers filed in Davidson Probate Court in Nashville, Tenn.
Disclosure of the interest came in an order approved Feb. 23 by Judge David Randy Kennedy. The order appoints Stanley Schneider, who served Campbell as an accountant and later as manager, as the temporary administrator of the singer's estate.
The order specifically bars Schneider from disposing of or encumbering Campbell's stake in the baseball club.
According to the five-page order Schneider's duties as administrator ad litem will be limited to making ""mandatory and lawful distributions and collecting proceeds."
The appointment comes as three of Campbell's children continue their battle to contest the will filed by Campbell's spouse Kimberly.
William Campbell filed a formal protest to the will and was joined by Wesley and Kelli Campbell in that effort. The will specifically bars the three from receiving anything from the estate.
In another order Kennedy ruled that the effort to contest the will cannot be decided until he holds a hearing to determine if the three children have legal standing to challenge the will.
The order states that a hearing on the standing issue will be held within 90 days.
Campbell's will does state that his other five children, Debra Cloy, Dillon, Nicklaus, Shannon and Ashley Campbell are beneficiaries along with Kimberly.
The value of the late singer's estate has been estimated at $50 million. Campbell, 81, died on Aug. 8 of last year following a long battle with Alzheimer's Disease.
Contact: wfrochejr999@gmail.com
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