Estate of Denial news clips (2/22/16)

Renee Benson wins legal fight for control of her mother’s $1 billion estate (TX/LA)

San Antonio Express-News

February 19, 2016

Renee Benson, estranged daughter of billionaire Tom Benson, wrested control away from her father over her late mother’s sprawling estate in a bitter 13-month legal battle that came to a close Friday.

Renee Benson immediately assumed control of the 1980 Shirley Benson Testamentary Trust, valued at around $1 billion. It includes nearly all of San Antonio’s Lone Star Capital Bank, about half of five auto dealerships, a portion of a large ranch near Johnson City, a multimillion-dollar home at Lake Tahoe, an airplane, cash and other real estate.

 

Tom Benson’s estranged daughter takes control of family estate in Texas (TX/LA)

New Orleans Times-Picayune

February 19, 2016

SAN ANTONIO — Renee Benson, the estranged daughter of Saints and Pelicans owner Tom Benson, has taken control of their family’s estate in Texas, replacing her 88-year-old father under a settlement agreement approved by a judge Friday (Feb. 19).

For more than a year, Tom Benson had been fighting his daughter’s push to take over the Texas assets, which include Lone Star Capital Bank, car dealerships in San Antonio and New Orleans and real estate.

 

Tom Benson’s daughter takes control of Texas trust fund after judge approves settlement agreement (TX/LA)

The New Orleans Advocate

February 19, 2016

The estranged daughter of Saints and Pelicans owner Tom Benson will assume control of a Texas trust fund previously overseen by her father after a Texas judge on Friday approved an agreement settling a legal battle centering around the fund, officials said.

That was the outcome Renee Benson hoped for when she sued for control of the fund 13 months ago, in the beginning stages of a public family feud.

 

Proposal changes role of guardianship for elderly (FL)

Tallahassee.com

February 20, 2016

Some of you may have noticed that Florida has a lot of old people. Many of them poor, fragile, dealing with some degree of dementia, and in need of help in getting through the day and managing assets (if they had any). Often there is no competent and willing family member to provide the help and the court appoints an individual or an agency to serve as guardian.

By the early 1970s, most states had some kind of guardianship program, but they differed widely in structure and scope. Some had only private guardians, others had only public guardians, and some had both. Nonprofit organizations were beginning to offer their services. As the movement begin to grow so did reports of abuse and corruption. The U.S. Administration on Aging wanted some evidence that the money they were providing was doing more good than bad, and gave us at FSU a two-year grant to see what we could learn.

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