The ugly public legal battle over Sumner Redstone’s estate plans has come to an end, as an L.A. judge on Wednesday ruled the 95-year-old mogul had the mental capacity necessary to amend his trust in 2015 and 2016. The decision comes two weeks after Redstone and several members of his family, including CBS and Viacom vice chairman Shari Redstone, settled a slurry of litigation with his former companion Manuela Herzer. After Herzer was kicked out of Redstone’s mansion and removed as the person in control of his health care directive in 2015, she sued and claimed he lacked the capacity to make decisions for himself and his business. The disputes, which also included elder abuse allegations against Herzer and claims that Shari was manipulating her father, have now been resolved. Herzer agreed to repay $3.25 million she had received in gifts and to acknowledge that she has no decision making power concerning the mogul. On Wednesday, L.A. Superior Court judge David Cowan formally ended the fight over the mogul’s competence by confirming the validity of Redstone’s current estate plan. “Mr. Redstone had sufficient capacity to execute the Fortieth Amendment to and Restatement of the Sumner M. Redstone 2003 Trust dated… Read full this story
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