Friday, June 15, 2012

Joe Paterno's family releases will

FILE - In this Sept. 16, 2006 file photo, then Penn State coach Joe Paterno watches the college football game against Youngstown State in State College, Pa. Paterno, the Penn State football coach since 1966, was told by an assistant coach that he saw former Penn State defensive coordinator Jerry Sandusky and a young boy in a shower on the Penn State campus and Paterno in turn, told Penn State officials. The Penn State Board of Trustees ousted him on Nov. 6, 201 for what was called his ?failure of leadership? surrounding allegations about Sandusky. He died of lung cancer Jan. 22, 2012. Despite Sandusky?s delay requests, it now appears his case will get under way Tuesday, June 5, 2012, with selection of jurors from among neighbors in the area around Penn State, a location that before November could be called Happy Valley without a hint of irony or bitterness. (AP Photo/Carolyn Kaster, File)

FILE - In this Sept. 16, 2006 file photo, then Penn State coach Joe Paterno watches the college football game against Youngstown State in State College, Pa. Paterno, the Penn State football coach since 1966, was told by an assistant coach that he saw former Penn State defensive coordinator Jerry Sandusky and a young boy in a shower on the Penn State campus and Paterno in turn, told Penn State officials. The Penn State Board of Trustees ousted him on Nov. 6, 201 for what was called his ?failure of leadership? surrounding allegations about Sandusky. He died of lung cancer Jan. 22, 2012. Despite Sandusky?s delay requests, it now appears his case will get under way Tuesday, June 5, 2012, with selection of jurors from among neighbors in the area around Penn State, a location that before November could be called Happy Valley without a hint of irony or bitterness. (AP Photo/Carolyn Kaster, File)

(AP) ? Joe Paterno's will left his personal property to wife Sue and established a trust for the remainder of his estate.

The documents released by the family Thursday to The Associated Press include the original seven-page will filed in 1997. The material didn't state how much Paterno or his estate were worth.

The Hall of Fame football coach died of cancer in January at age 85, less than three months after being ousted by university trustees in November as part of the fallout over the arrest of retired defensive coordinator Jerry Sandusky on child sex abuse charges. The family released the will the same day Sandusky's trial wrapped up its first week in Centre County court.

The (Wilkes-Barre) Citizens' Voice reported Sunday that Paterno's will had been sealed by a county judge in April upon request of the estate.

"The request was entirely appropriate and totally consistent with the actions of other prominent individuals," the family said in a statement issued through a spokesman. "The only objective was to preserve a measure of privacy for Sue Paterno, their five children, 17 grandchildren and other family members.

"In an effort to ensure maximum transparency and eliminate unfounded speculation, the family has decided to make the will publicly available," the family added. They said they would petition the court to unseal all future filings.

Sue Paterno was named "personal representative" of the will. The family also released a two-page codicil ? or amendment ? filed in 2010 that named the Paternos' daughters, Mary Kay and Diana, in that order, as the personal representatives if their mother was unable to do so.

There is a "clamor of transparency" anytime public documents are sealed without cause or explanation, said Larry Holeva, managing editor of the Citizens Voice and the (Hazleton) Standard-Speaker. "This wasn't about Joe Paterno, simply about ensuring that public documents remain public."

Paterno began working at Penn State as an assistant coach in 1950 before being promoted to head coach in 1966. He held Division I records for head-coaching tenure at one school and career victories, with 409.

He typically shied away from media questions about his salary and compensation. But the university was compelled to release his salary in 2007 after losing an open records lawsuit.

The school's 2011 filing valued Paterno's compensation at just more than $1 million ? a veritable bargain for a coach with two national championships on his resume. Alabama's Nick Saban, for instance, makes more than $5 million a year.

Paterno's family last month released details of his state pension, valued at $13.4 million for his 61-year career at Penn State. At the same time, the family also said last month it planned to donate $1.5 million to Penn State-related and State College-area charities.

The university in April announced it had agreed to provide millions in payments and benefits to Paterno's estate and family under the late coach's employment contract. Included were four checks worth a total of more than $3 million to cover the season, bowl game and entire career, the university said. Despite the payout, the Paternos did not sign away their right to sue, the family's lawyer said.

Associated Press

terrell owens terrell owens mitt romney tax return flip saunders academy award nominations cynthia nixon joe biden

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.