Judge OKs New Powers in Campbell Estate

By Walter F. Roche Jr.

A Nashville judge has expanded the powers of the administrator of Glen Campbell's estate but at the same time ordered him to provide a detailed analysis of a recently disclosed joint bank account where some of his royalties have been deposited.
In a four-page ruling issued this week Davidson Probate Judge David "Randy" Kennedy authorized Stanley B. Schneider, the interim estate administrator, to pay bills including $12,640 in funeral expenses and a $23,699 retainer for an expert to estimate the value of future royalties.
At the same time, however, Kennedy ordered Schneider to reconcile a joint bank account the late singer had with his wife Kimberly, listing all transactions since the singer's death last year.
Campbell, who was suffering from Alzheimer's disease, died in early August of last year. His will is being contested by three of his children who were specifically excluded from any inheritance.
Schneider who served as Campbell's business manager, had petitioned the court for the power to pay pay taxes and other estate obligations.
Kennedy's order authorizes the payment of $1,550 in Tennessee taxes. According to the order federal taxes on the estate are estimated at $100,000.
While Schneider was authorized to pay bills, Kennedy also ordered him to provide a detailed accounting of a recently disclosed joint bank account the late singer maintained with his wife Kimberly.
Under the order Schneider is required to determine what funds in the account are considered community property with Kimberly and what funds belong to the estate.
He also was ordered to determine what expenses should be reimbursed to Campbell's widow. Schneider was also told to to determine the amount of royalties are owed "as a result of his previous marriage to his prior wife."
Schneider was also ordered to file a revised inventory of the estate "if needed."

Contact:wfrochejr999@gmail.com