Estate of Denial news clips (11/13/17)

Commissioners approve spending almost $1.5 million for two pieces of art (TX)

KENS 5 TV

October 30, 2017

SAN ANTONIO – Bexar County commissioners have approved almost $1.5 million for two pieces of art.

It’s a lot of your tax dollars that could be spent elsewhere, according to one judge.

 

3 Prince heirs ask judge to remove estate administrator

My Fox Boston

October 30, 2017

CHANHASSEN, Minn. (AP)- Three heirs of Prince are asking a judge to remove the company that is managing his estate.

The late music superstar’s half siblings Sharon, Norrine and John R. Nelson filed a motion Friday to remove Comerica Bank & Trust as estate executor.

 

Lawyer To Judge: Make Richard Dabate Pay Back $70000 To Slain Wife’s Estate (CT)

Hartford Courant

October 31, 2017

In the 16 months between Connie Dabate’s murder and her husband’s arrest, Richard Dabate emptied his wife’s bank accounts, cashed in multiple retirement accounts and was on the verge of selling a home the couple owned in Vernon.

The sale of that home on Talcott Road for $149,000 was supposed to close on April 21, 2017, a week after Richard Dabate was charged with murder. But an attorney for Connie Dabate’s estate asked a probate judge to halt the sale and Judge O. James Purnell III ordered a freeze on any of Connie Dabate’s assets, including that home, the day before it was supposed to close.

 

Dallas jury’s $4B verdict for airline executive’s widow could be reduced to $71 million (TX)

Dallas News

November 2, 2017

JPMorgan Chase & Co. was ordered by a Dallas jury in September to pay more than $4 billion in damages for mishandling a client’s estate. It looks like the bank is going to be paying significantly less than that.

The probate court trial, brought by the heirs of former American Airlines executive Max Hopper, ended in September with a jury awarding $7 million in compensatory damages and billions in punitive damages, the bank said Wednesday in a filing.

 

New Dubai law allows non-Muslims to write wills

gulfnews.com

November 3, 2017

Dubai: Non-Muslim expatriates in Dubai were on Tuesday given renewed legal protection to execute legal wills that dispose of assets and properties according to their last wishes.

A new law issued on Tuesday prescribes a “clear legal framework” that regulates inheritance, wills and probate for non-Muslim expats in Dubai who are living for longer periods in the emirate and accumulating larger, long-term assets, including investment portfolios and property.

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