Carl McMahon was paid royalties by the record company in the interim. The royalties were then given to Cooke or “on her behalf” by McMahon.
Cooke asserts that McMahon stated in writing that she was the trust recipient on at least 19 different occasions.
Who inherited Sam Cooke money and estate?
According to one of the cases, in 2008, John Silvaggio, an estate accountant, and McMahon persuaded Andrea Cooke to create a trust that would safeguard the income and “give income for life to [Cooke] and the remainder to her daughter.”
Cooke, who is now 32, became wealthy after her mother passed away in 2009. She was living off of SNAP assistance, her schooling only reaching the 11th grade, and she was unemployed at the time.
The Sam Cooke estate administrators promoted the establishment of a trust fund that could be properly and impartially handled. That hasn’t worked out for her seven years later, she claims.
