Music

Glen Campbell's Estate Might Not Be Worth as Much as You'd Think

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Country music star Glen Travis Campbell was a beloved American singer-songwriter, host, and actor during his lifetime. The four-time Grammy winner was inducted into the Country Music Hall of Fame in 2005 before passing away in his home of Nashville, Tennessee from Alzheimer's disease in August 2017. Ever since his passing, news concerning his estate has been circulating.

This has included stories about the presence of only five out of his eight children listed in the will and his widow, fourth wife Kimberly, filing a claim for over $500K from the estate to pay medical bills. Also, initial reports stated that his assets combined came to around $50 million, but now, his net worth is said to be worth around $410K.

The singer's children not included in the will are from his second wife, Billie Jean Nunley: William Travis Campbell, Kelli Campbell, and Wesley Kane Campbell. All have decided not to contest not being included and are moving on. According to widow Kim, the decision to leave out the three children was Glen Campbell's. Whatever the situation it's been quite dramatic. The five children listed in the will include daughter Debby from first wife Diane Kirk and Cal, Shannon and Ashley from his last marriage with Kim Campbell.

The Tennessean writes that the "Rhinestone Cowboy" singer's accountant and manager Stanley B. Schneider (who was appointed administrator ad litem by a judge earlier this year) filed paperwork that says Campbell's combined assets reached a lower amount than many expected. The claim says stake in AZPB Limited Partnership holds the most value at $296,164, interest in AZ Baseball Broadcast Holdings totals $3,464 and the combined total of two bank accounts reaches $959. Also, funds from Glen Campbell Music Inc and Glen Campbell Enterprises comes to a total of $109,634.

Read More: The 10 Best Glen Campbell Songs, Ranked

Additionally, Schneider listed debts for state and federal taxes and legal fees totaling $118,200. He also recorded that $43,448 of royalties were paid to the estate in the eight months following Campbell's death and $76,000 more is owed.

Between will contests and filed claims, the legal turmoil surrounding Campbell's estate is expected to continue for some time.

This post was originally published on April 26, 2018. 

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Glen Campbell's Estate Might Not Be Worth as Much as You'd Think