Estate of Denial news clips (6/30/16)

Charlie Weston: It is usually a relative who steals from the elderly  (UK)

Irish Independent

June 26, 2016

Compared with other generations, they tend to be on a good financial footing. Most older people have paid off their mortgages, have little or no other debts, and they tend to have cash in the bank, post office or credit union.

Sometimes they have to get others to do shopping for them or collect their pensions for them.

 

Courts ‘costs rule’ sets precedent for family disputes over Wills (UK)

Family Law

June 27, 2016

The High Court has handed down a costs judgement for in excess of £65,000 in the case Elliott v Simmonds [2016] EWHC 962 (Ch), setting a precedent that the courts will make costs orders against claimants who pursue weak will challenges, act obstructively, cause delay and increase costs without incurring costs themselves.  

The case first hit the headlines December last year when Ms Simmons, illegitimate child of the self-made millionaire, Ken Jordon, claimed that his recent will was invalid for lack of capacity, knowledge and approval and undue influence. She also alleged a claim under the Inheritance (Provision for Family and Dependants) Act 1975 against the deceased’s estate, which he left entirely to his partner, Ms Elliott.

 

Report: Rita Benson LeBlanc says ‘no matter what … I’ll still be partial owner’ of Saints, Pelicans (TX/LA)

The New Orleans Advocate

June 27, 2016

Rita LeBlanc, the granddaughter of Saints and Pelicans owner Tom Benson, believes she will remain a partial owner of her grandfather’s teams “no matter what happens” in the legal feud that has ensnared her family for well over a year, she recently told Street & Smith’s Sports Business Journal.

Benson this month settled a federal lawsuit in which he was seeking to recover nonvoting shares in New Orleans’ NFL and NBA franchises as well as other business assets that he had placed in trust funds benefiting his daughter, Renee; Rita; and his grandson, Ryan LeBlanc.

Benson is estranged from all three and has said he wants them to have no roles in any businesses under his control.

 

Judge to hold hearing to determine Prince’s legal heirs

Fox News

June 27, 2016

A Minnesota judge handling Prince’s estate says he’s in no hurry to decide who can get a slice of the superstar’s fortune.

Prince died of an accidental overdose in April and no will has been found. A sister and at least five half-siblings have laid claim to an estate estimated to be worth up to $300 million. Several other people have claimed ties to the performer, too.

 

Police: More charges against Mokena lawyer who embezzled from trusts (IL)

The Herald-News

June 28, 2016

MOKENA – Police say a Mokena-based lawyer who set up trust funds took another victim for $300,000.

Two more theft charges were filed last week against John W. Pleta, of Tinley Park, after a fourth victim’s loss was verified by investigators to a grand jury, according to Mokena Police Chief Steve Vaccaro.

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