Tony Bennett’s daughters, Antonia and Johanna Bennett, are accusing their brother Danny of mismanaging their late father’s funds for years and stealing lots of of 1000’s of {dollars} from the household belief. The brand new accusations got here as a part of Antonia and Johanna’s response to Danny’s November submitting, searching for to switch their June 2024 petition to the surrogate’s courtroom or dismiss it.
Of their latest submitting on January 3, Antonia and Johanna requested the courtroom to disclaim Danny’s request, saying they’ve “severe considerations” concerning the “mismanagement” of his position as trustee.
“Danny acted in a number of, conflicting fiduciary capacities for an prolonged interval previous to Tony’s dying and took (for himself and his kids) important funds from the Household Belief,” their submitting, accessed by Folks, says. Each daughters are beneficiaries of The Tony Bennett 1994 Household Belief, as is their brother Dae, whereas Danny is the only real trustee.
“Furthermore, as publicized by Danny to varied media shops, sooner or later previous to Tony’s dying, Tony entered a section of diminished capability, which suggests Tony was not capable of act as co-trustee, leaving Danny to function sole trustee of the Household Belief with no oversight,” the submitting provides.
Antonia and Johanna’s submitting argues they’ve a proper to an accounting of Danny’s actions each earlier than and after Tony’s dying, as he was primarily performing unsupervised. They really feel as if there’s been a “lack of transparency.”
“[Tony] expressed a transparent intention and route in his property plans that each one 4 of his kids be handled equally,” their submitting says.
The singer’s daughters allege that Danny lower checks utilizing belief funds “as he noticed match” and that in 2022, he made “a number of items to himself” utilizing belief funds that amounted to $200,700. In addition they declare he took advances of $50,000 every month on high of the fee he earned as Tony’s enterprise supervisor as early as 2021, regardless of issues not being formally agreed upon till 2022.
In 2022, Danny helped orchestrate a sale of Tony’s belongings to Iconoclast, which he claimed to have completed as a result of the singer was working out of cash. However the daughters’ submitting says that, per data, Tony nonetheless had thousands and thousands of {dollars} when the deal was made. Regardless of claiming their father was in monetary hassle, the daughters say Danny continued to make items to himself and his kids with Household Belief belongings. The submitting says Danny’s firm, RPM, obtained nearly $2.6 million in commissions, whereas Antonia and Johanna have every solely obtained $245,000.
ALSO READ: Tony Bennett’s Daughters Reveal What They Have Discovered About Grief A Yr After His Dying: ‘Making an attempt To Perceive What…’