Follow Us on Facebook Follow Us on Twitter VI Mobile College Basketball March Mayhem Picks College Basketball March Mayhem Picks VegasInsider.com VegasInsider.com
Handicapper Bios Sports Picks Free Odds Contests Sportsbook
Sports Betting Home NFL NBANHLMLBNCAA FBNCAA BKGolfAutoHorsesBoxingVI More Sports
 
NCAA FB Scores Matchups Teams Standings Schedules News
 
 · Latest News
 · Player Updates
Buy Picks Vegas Odds
 
 · Vegas Odds
 · Offshore Odds
 · Future Odds

 
Paterno family releases will of PSU coach
 
 
 

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

Advertisement
The documents released by the family Thursday to The Associated Press include the original seven-page will filed in 1997. The material did not 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.

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.

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.

AP NEWS
The Associated Press News Service

Copyright 2013
The Associated Press
All Rights Reserved

  
HEADLINES
Edwards: 5Dimes posts Week 1 lines
SEC's Slive focused on future
Miami-Ohio WR Harwell transferring to KU
Tornado could be seen from Stoops' home
NCAA upholds penalty of ex coach
Former Tide WR Woodson transfers to USA
Military Bowl moving to Navy's Stadium
WR McCartney returns to West Virginia
QB Mitchell decides on North Carolina State
MORE HEADLINES
 
VegasInsider.com Gold Membership
2012-13 CFB SEASON PICK RECORDS
Money Leaders
Handicapper Money
Antony Dinero + 4136
Brian Edwards + 2527
Christian Alexander + 1772
Last Week's Leaders
Handicapper Money
The SportsBoss + 300
Brian Gabrielle + 200
ASA + 200
Percentage Leaders
Handicapper Pct
Brian Edwards 63 %
Scott Pritchard 61 %
Christian Alexander 59 %
Guaranteed Leaders
Handicapper Money
Joe Nelson + 722
Scott Pritchard + 605
The Gold Sheet + 525
Over-Under Leaders
Handicapper Money
Tony Stoffo + 1809
Michael Black + 1135
Christian Alexander + 330
Member Leaders
Handicapper Money
Tony Stoffo + 2215
The SportsBoss + 1150
Antony Dinero + 974
MORE PICK RECORDS
  
GOLD Membership
Over 150 Member Plays free each month. Signup Today!
 
 

NFL
NFL Sports Picks
NFL Vegas Odds
NFL Online Odds
NFL Matchups
NFL Scores

More Sports
Golf
Auto Racing
Horse Racing
Boxing
WNBA

MLB
MLB Sports Picks
MLB Vegas Odds
MLB Online Odds
MLB Matchups
MLB Scores

Features
Free Odds
Contests
Newsletters
VI Radio
Las Vegas Travel
Follow us on Twitter
Add us on Google+
Join us on Facebook

NBA
NBA Sports Picks
NBA Vegas Odds
NBA Online Odds
NBA Matchups
NBA Scores

Sports Betting Tools
Live Odds
Mobile Odds
Parlay Calculator
Gaming Terms
TV Listings
Handicapping Records
Sports Betting
About Sports Betting
Sportsbook Reviews

NHL
NHL Sports Picks
NHL Vegas Odds
NHL Online Odds
NHL Matchups
NHL Scores

VegasInsider Info
About Us
Help Center
Privacy Policy
Terms of Use
Refund Policy
Contact Us
User Feedback

College Football
NCAA FB Sports Picks
NCAA FB Vegas Odds
NCAA FB Online Odds
NCAA FB Matchups
NCAA FB Scores

Sportsbooks
CarbonSports · Review
SportBet · Review
Sportsbook · Review
TopBet.eu · Review

College Basketball
NCAA BK Sports Picks
NCAA BK Vegas Odds
NCAA BK Online Odds
NCAA BK Matchups
NCAA BK Scores

Rotation Schedules
Baseball: Mar 31 - June 02

Copyright © 1997-2013, VegasInsider.com Inc., The Global Leader In Sports Gaming Information. All rights reserved.
For questions or comments, please contact us at 1-800-211-4759.