According to a report from RadarOnline.com, Nipsey Hussle’s brother Blacc Sam has concluded his work as administrator of the late artist's estate — and is in a position to disburse to Lauren London’s son, his portion of what his father left behind, rightfully due to him, according to RadarOnline.com.
According to court documents obtained by RadarOnline.com, Blacc Sam submitted his final accounting report that revealed the estate's assets.
Sam was assigned to take control of Nipey’s finances after his passing in 2019. The only two heirs of the estate are Nipsey’s son Kross, who he had with spouse Lauren London, and his daughter Emani, who he had with his former love interest Tanisha Foster.
Recently, Sam and his family were granted guardianship of Emani after a lengthy struggle with Foster.
In his filing, Sam clarified that all creditor claims and tax issues have been addressed in full.
According to RadarOnline.com, In his report, he said the estate has around $11 million on hand at the moment. He revealed Nipsey’s estate has several bank
accounts with funds totaling $5,997,092.
In addition, the estate has a 2012 Chevy Suburban worth $17k, 100% membership interest in All Money Inc worth $2.4 million, 100% interest in Marathon Studios, 100% interest in The Marathon Touring worth $606k, 100% interest in The Marathon Clothing Inc worth $271k and they estimate Nipsey’s trademark to be worth around $913k.
In addition, they have various other businesses and companies worth over $1 million. The grand total of assets comes to $11,355,596.64.
Sam has requested permission from the court to pay $130K in attorney fees to lawyers working on the case.
Sam stated that Kross and Emani should both inherit 50% of the remaining funds. However, he also stated that Kross should be paid an additional $113k to offset payments made for Emani’s health, education, and other matters.
Lauren, on behalf of Kross, will be disbursed half of the funds in bank accounts and divide his various businesses.
Even in the physical absence of Ermias Asghedom aka Nipsey Hussle, the marathon continues…
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