Set­tle­ment reached in As­tor es­tate fight

The Washington Times Daily - - Nation -

WHITE PLAINS | The long dis­pute over the es­tate of so­cialite phi­lan­thropist Brooke As­tor ended Wed­nes­day with a set­tle­ment that frees $100 mil­lion for char­i­ties and cuts by more than half the amount go­ing to the son con­victed of bilk­ing her.

The agree­ment among As­tor’s de­scen­dants and the New York in­sti­tu­tions she loved ended a five-year le­gal fight that the judge feared would con­sume the en­tire es­tate. As­tor died in 2007 at the age of 105.

Westch­ester County Sur­ro­gate Judge An­thony Scarpino signed the agree­ment Wed­nes­day af­ter­noon. State At­tor­ney Gen­eral Eric Sch­nei­der­man an­nounced the de­tails, say­ing the set­tle­ment prin­ci­pally ben­e­fits the Met­ro­pol­i­tan Mu­seum of Art, the New York Public Li­brary and New York City’s public schools.

He said it cuts by more than half — to $14.5 mil­lion — the amount go­ing to As­tor’s son, An­thony Mar­shall.

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