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Report via TMZ -- Lauren London has just gotten a judge's approval to manage her son's finances with an eye toward the 3-year-old inheriting half of his dad's estate ... and he's poised to get a cool mil.

London was in court Tuesday to get a guardianship over 3-year-old son, Kross's estate. It's a little misleading because an estate is created when someone dies, but this case is different. Lauren is the go-to person who will handle the financials that could set Kross up for life.

It's worth noting, there was never a dispute between Lauren and Nipsey's family when it came to Kross.

There's been another big update in regards to guardianship within Nipsey's family. A judge just signed off on Nipsey's immediate family members becoming legal guardians to Nipsey's 10-year-old daughter, Emani ... this as opposed to her birth mother, Tanisha Foster, who the family had called unfit.


The court said Nipsey's family provided sufficient evidence for their petition and as such ... Nip's siblings -- Samantha Smith and Sam Asghedom -- and his mother, Angelique Smith -- have been appointed as Emani's guardians.

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