Gary Coleman’s Estate- Who Will Take the reins-

by liuqiyue

Who inherited Gary Coleman’s estate? This question has intrigued many fans and the public alike since the late actor’s passing in 2010. Gary Coleman, best known for his role as Arnold Jackson on the iconic TV show “Diff’rent Strokes,” left behind a complex estate that sparked a lengthy legal battle and raised numerous questions about his final wishes.

Gary Coleman’s estate was estimated to be worth millions, but the bulk of his wealth was tied up in a trust fund set up for him by his parents. However, due to legal disputes and his parents’ own financial struggles, the trust fund was not fully accessible. This left Gary’s estate in a state of uncertainty, with various parties claiming their rights to his remaining assets.

One of the key figures in the dispute was Gary’s ex-wife, Shannon Price. The couple had been married for several years and had a young daughter together. After Gary’s death, Shannon claimed that she was entitled to a portion of his estate, arguing that she was his common-law spouse. This claim, however, was met with resistance from Gary’s family and other interested parties.

Another individual who laid claim to Gary’s estate was his mother, Ginger Coleman. She argued that she was the executor of Gary’s will and should have control over his assets. This further complicated the situation, as Ginger’s management of the estate was also scrutinized by the courts.

The legal battle over Gary Coleman’s estate lasted for years, with various court decisions and appeals. In 2013, a judge ruled that Shannon Price was indeed Gary’s common-law spouse and awarded her a portion of his estate. However, the exact amount of the settlement remains a closely guarded secret.

Despite the resolution of the estate dispute, the legacy of Gary Coleman continues to be a subject of interest. His life and career were marked by ups and downs, and his estate battle serves as a stark reminder of the importance of estate planning and the potential consequences of not having one in place.

In conclusion, Shannon Price was the one who inherited Gary Coleman’s estate, at least a portion of it. The lengthy legal battle over his assets highlights the complexities that can arise when a celebrity passes away without a clear estate plan. It is a lesson for all individuals to take estate planning seriously and ensure that their final wishes are respected.

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