Nixon Daughters Resolve Dispute
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MIAMI (AP) _ Richard Nixon’s daughters resolved their three-year fight over how to spend a $20 million bequest to their father’s presidential library, attorneys said Thursday.
Tricia Cox and Julie Eisenhower ended two days of court-ordered mediation with a confidential agreement Wednesday, and the five sides involved in the talks agreed to keep details private, said library attorney Jack Falk.
``This was a complete settlement,″ Falk said. ``It was agreeable to everybody.″
``Everyone was happy,″ Cox attorney Enrique Zamora told The Miami Herald.
The sisters’ relationship had been strained over who would control operations at the Nixon library and birthplace in Yorba Linda, Calif., but they smiled together for a photographer during a break Tuesday on the first day of mediation.
The library sued in California and in Miami as the dispute unfolded.
When Nixon’s longtime friend, Key Biscayne banker Charles ``Bebe″ Rebozo, died in 1998, he left 65 percent of his estate, or about $20 million, to the library on the condition that the sisters and family friend Robert Abplanalp approve the spending.
Cox, 56, wanted her, her sister and Abplanalp to control the money, while Eisenhower, 53, and the library foundation backed a 24-member board that includes former Secretaries of State Henry Kissinger and George Shultz.
The Rebozo estate trustees handed over $781,000 in 1999, but nothing since then because of the dispute. A $1.3 million check intended for taxes was frozen.
The settlement apparently sets directions for handing over the Rebozo money. Library officials had said the holdup on the bequest was not affecting operations, but it had the potential to do so.
In June, Miami-Dade County Judge Maria Korvick ordered the face-to-face mediation between the daughters, Abplanalp, estate trustees and library representatives.
Although home to Nixon’s pre- and post-presidential work, the library does not house his presidential papers, which were seized after his resignation. As a result, the library does not receive federal funds.
The library supplements its income with admissions, donations and special events, such as weddings and corporate dinners. The annual budget is about $3.4 million.