Martin Luther King Jr.’s Children Settle Estate Lawsuit
October 13, 2009
According to this New York Times article (http://bit.ly/41y1kF), the children of Martin Luther King Jr. have settled their differences over his estate. The lawsuit involved Bernice King and Martin Luther King III against Dexter King, president of King, Inc. King, Inc. is the company that runs their father’s estate. Bernice and Martin accused Dexter of not involving them in decisions about the corporation, withholding documents, and refusing to hold shareholder meetings since 2004. It never ceases to amaze me how family harmony can break down after a patriarch or matriarch’s passing. This is a lesson to us all to not only plan, but to plan for contingencies and specifically address points of possible contention.
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