Are Trayvon Martin's parents rich after the settlement with the Home Owner's Association and Trayvon Martin merchandise deals?
As previously reported by The Inquisitr, Trayvon Martin's parent's settlement with the Retreat at Twin Lakes Home Owner's Association is believed to be higher than $1 million.
The insurance policy for the Retreat at Twin Lakes had a $1 million limit at the time of the Trayvon Martin lawsuit citing wrongful death. Trayvon's mother, Sybrina Fulton only filed a claim with the insurer after a new policy went into effect on March 30, 2012.
Trayvon Martin's parents tried to reach a lawsuit settlement through mediation and either the HOA or its insurer offered a $1 million settlement. But Sybrina Fulton and Tracy Martin rejected this $1 million settlement.
Eventually, they did reach a settlement outside of court, but when Trayvon Martin's parent's lawyer, Benjamin Crump. filed the paperwork the settlement amount was blacked out on five pages since the parents wanted to keep the amount confidential. Considering the previous settlement offer of $1 million was rejected as being too low, it can only be speculated that Trayvon Martin's parent's settlement was at least in the seven figures range.
In the same time frame the lawsuit was filed, Sybrina Fulton also filed two petitions to patent and trademark Trayvon Martin merchandise including the phrases "I Am Trayvon" and "'Justice For Trayvon." Such Trayvon Martin merchandise is turning out to be quite lucrative for many seeking to profit from the George Zimmerman trial by pandering to both sides of the issue.
While Sybrina Fulton already had a $68,768 salary with the Miami-Dade County government, Trayvon Martin's mother received a eight month paid vacation worth $40,825. Such Trayvon Martin donations only soared higher as time went on. The Trayvon Martin Foundation was created by the parents to "provide support" for the family in addition to other families who had a member die from "violent crime." How this money is being spent is unknown, but the shop provides a lot of Trayvon Martin merchandise.
So are Trayvon Martin's parents, Sybrina Fulton and Tracy Martin, rich now? It seems obvious they're at least millionaires. Meanwhile, despite being declared not guilty George Zimmerman was bankrupt before the trial even began, is forced to be in hiding, and George Zimmerman's parents are receiving death threats.
Do you think it's wrong for Trayvon Martin's parents, Sybrina Fulton and Tracy Martin, to profit from their son's death?