Estate of Denial news clips (5/3/16)

Watch for signs of financial elder abuse

Philly.com

April 26, 2016

When she was more than 100 years old, onetime New York socialite Brooke Astor became America’s most famous case of financial elder abuse.

Her son, Anthony Marshall, was convicted of stealing tens of millions of dollars of her assets. Her grandson Philip Marshall testified against his father and helped put him in jail.

 

Busch family back in probate court Tuesday after Billy Busch ups bid for Grant’s Farm (MO)

STLtoday.com

April 26, 2016

The future of Grant’s Farm — and which of two groups of Busch family siblings will prevail with their plan — is an issue to be decided by Wells Fargo trust managers.

But first, a little guidance will come from the courts.

Five of the six children of beer baron August A. “Gussie” Busch Jr. and his third wife, Gertrude “Trudy” Buholzer Busch, appeared Tuesday in St. Louis Circuit Court.

 

Prince’s Estate: No Will Could Mean Chaos, Tax Bills and Lawsuits, Say Experts

The Hollywood Reporter

April 27, 2016

If Prince died without a will in place, as his sister suggests, his estate will be determined by a Minnesota probate court and likely will come with a hefty tax bill.

Tyka Nelson filed paperwork Tuesday morning in Carver County District Court seeking to appoint Bremer Trust as special administrator of her brother’s estate. She claims Bremer Bank has worked with Prince for a number of years and is familiar with his personal and business finances.

 

Court appoints Prince estate administrator, sets first hearing date

USA TODAY

April 27, 2016

The legal machinery assigned to figure out what to do about the late Prince’s estate started up Wednesday: A judge assigned a special administrator to the case and set a first probate hearing date for next week.

Acting on a petition from Prince’s sister, Tyka Nelson, Judge Kevin Eide, a district court judge in Carver County, Minn., signed orders appointing Prince’s longtime bank, Bremer Trust, National Association, as a special administrator to secure and preserve the estate until a “personal representative,” or executor, is appointed by the court.

 

Stamford attorney’s long legal career ends in arrest (CT)

The Advocate

April 27, 2016

STAMFORD — A city attorney with more than 40 years of experience surrendered his law license this week amid accusations he stole nearly $60,000 from the estates of a woman and her son.

Morris Glucksman, 68, ended his 42-year law career Tuesday when he voluntarily resigned his license to practice law in the state and agreed to never ask for its reinstatement. Judge Douglas Mintz accepted the civil and real estate attorney’s resignation.

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