Wills and Estates

Subterms

    Latest story

    125 Shares132 Views

    Jimmy Buffett’s Widow Sues in Battle Over $275 Million Estate

    by

    Jane Buffett wants a court to replace her co-trustee, claiming that he mistreated her and neglected to provide key financial information.A vicious legal battle has erupted over Jimmy Buffett’s $275 million estate, with his widow and his accountant filing lawsuits this week seeking to remove each other as co-trustees of a trust containing the “Margaritaville” singer’s sprawling holdings.The widow, Jane Buffett, is angry with the way her husband’s estate has been managed since his death nearly two years ago and has filed a petition seeking to oust her co-trustee, the accountant Richard Mozenter. She complains that the marital trust set up by the singer — who built a musical empire off his laid-back, beach-bum persona and infectious, often self-deprecating country-rock and calypso-inflected songs — is producing far too little income.Mrs. Buffett asked a judge in Los Angeles Superior Court on Tuesday to appoint an independent third party to replace Mr. Mozenter. Her petition accused Mr. Mozenter of failing to provide her with basic information about the trust’s assets and finances, keeping her “in the dark with regard to the state of her own finances.” The complaint also said that Mr. Mozenter had “belittled, disrespected and condescended to Mrs. Buffett.”“As a result, the majority of Mrs. Buffett’s net worth is controlled by someone she does not trust, and to whom the trust for her benefit must pay enormous fees — more than $1.7 million in 2024 to him and his firm — no matter how badly he treats her,” the petition said.Mr. Mozenter filed his own lawsuit in Palm Beach County, Fla., this week, asking the court to remove Ms. Buffett as co-trustee. His suit said that he was a “trusted financial adviser” to Mr. Buffett for more than 30 years and that he was also the singer’s business manager.He claimed that during their partnership, Mr. Buffett expressed concerns about his wife’s ability to manage and control his assets after his death. The singer was careful to set up the trust “in a manner that precluded Jane from having actual control” over it, the lawsuit said. “Other than serving as a noncontrolling trustee, Jane has no ability to manage the trust,” the filing said. “This fact has made Jane very angry.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

    More stories

    • 150 Shares199 Views

      in Music

      Liam Payne Left a $32.3 Million Estate and No Will, Reports Say

      by

      Mr. Payne, a former member of the boy band One Direction, died after falling from a third-story hotel balcony in October.Liam Payne, the former One Direction singer who died last year after falling from a hotel balcony in Buenos Aires, left an estate worth 24.3 million pounds, or $32.3 million, but had not written a will before his death, according to British news outlets.Mr. Payne’s former partner, Cheryl Tweedy, will be an administrator of his wealth and property, the BBC and The Guardian reported on Wednesday. Ms. Tweedy, the mother of his 8-year-old son and a former member of the pop group Girls Aloud, shares oversight of the estate with a music industry lawyer but neither may distribute the wealth, the BBC said.Mr. Payne, 31, died in October, after falling from a third-floor hotel balcony while in Argentina, and a toxicology report found he had cocaine, alcohol and a prescription antidepressant in his system at the time of death. A statement from local prosecutors after the death suggested that it was not a suicide because of the determination that he fell in a state of unconsciousness.After an investigation, Argentine authorities charged three people with negligent homicide. Those charges, against a friend of Mr. Payne’s and two employees at the hotel where he died, were later dropped.A CasaSur Palermo Hotel employee and a local waiter are still accused of supplying narcotics to Mr. Payne in the days leading up to his death. The charge they face carries a sentence of four to 15 years in prison. More

    • 150 Shares169 Views

      in Movies

      Gene Hackman’s Wife Died at Least a Day Later Than Originally Thought

      by

      Betsy Arakawa made several calls to a medical clinic on Feb. 12, the day after the authorities initially believed that she died.The authorities in New Mexico have recovered evidence that Betsy Arakawa, the wife of the actor Gene Hackman, died at least one day later than they had previously estimated.The New Mexico authorities initially believed that Ms. Arakawa had likely died of a rare viral infection on Feb. 11, because that was when she was last seen publicly and stopped returning email correspondence.But after analyzing her cellphone, investigators learned that Ms. Arakawa had made three phone calls on the morning of Feb. 12, Denise Womack-Avila, a spokeswoman for the Santa Fe County Sheriff’s Office, said on Monday. She said that Ms. Arakawa had made the calls to a concierge medical service, Cloudberry Health.Dr. Josiah Child, the lead physician there, said in an interview that the clinic called Ms. Arakawa back that morning and scheduled an appointment for that afternoon. He said she had reported feeling congested but that there were no signs of respiratory distress. Ms. Arakawa did not show up for her appointment that afternoon, Dr. Child said.“I suspect that she was starting to feel ill and that’s why she reached out to us,” he said.Ms. Arakawa and Mr. Hackman were both found dead in their secluded home outside of Santa Fe late last month. The state medical examiner concluded that Ms. Arakawa, 65, died from the effects of hantavirus, which is contracted through exposure to excrement from rodents. The virus can cause flulike symptoms before progressing to shortness of breath, as well as cardiac and lung failure.They said that Mr. Hackman, who had Alzheimer’s, spent another week in the house with her body and died Feb. 18 of heart disease.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

    • 88 Shares129 Views

      in Television

      What to Know About Wendy Williams’s Guardianship

      by

      Ms. Williams, whose health has been scrutinized since she left her daytime talk show in 2021, has been under the control of a court-appointed guardian for the past three years.Wendy Williams, the former talk show host known for her catch phrase “How you doin’?” and being a staple on New York radio, has been under a court-ordered guardianship since 2022. Since then, details of her personal life have become internet fodder and raised discussions about her health and family.This week, Ms. Williams’s court-appointed legal guardian suggested she should undergo a new medical evaluation because Ms. Williams had publicly questioned a diagnosis of frontotemporal dementia and aphasia. Ms. Williams, who is living in a New York care facility, said in a recent telephone interview on “The Breakfast Club” that she was “not cognitively impaired.”Ms. Williams’s inner circle participated in a four-part documentary about her life last year and have mounted a campaign to get her out of the state’s care.While some details around the guardianship, which oversees Ms. Williams’s personal and financial affairs, are sealed by court order, others have been shared with the public.Here is what we know.When did Wendy Williams enter a guardianship?In 2022, a year after Ms. Williams last filmed her talk show, a court appointed a legal guardian to oversee her personal and financial affairs. The appointment came after Wells Fargo, which was involved in her finances, had “documented a pattern of unusual and disturbing events” related to her welfare and finances, according to court documents.Who is Ms. Williams’s guardian?Sabrina E. Morrissey is Ms. Williams’s court-appointed legal guardian, although her specific powers are not clear because a court sealed many of the related filings.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

    • 113 Shares149 Views

      in Television

      How Stingy Boomer Parents Became the Best TV Villains

      by

      Older Americans hold an outsize share of the nation’s wealth and power. Television loves watching their children scramble for a taste.Plots about inheritance and succession are not a new phenomenon. The form could hardly be more familiar: Take an empire-straddling lion-in-winter, throw in some desperately competing heirs and watch as the shifting allegiances and loyalty tests devolve into bedlam. The Gospel of Luke gives us the parable of the prodigal son, in which one child does his duty and the other squanders his inheritance. Shakespeare had King Lear go mad after disinheriting his youngest and being betrayed by his older daughters.Still, even by the accustomed standards, recent television feels utterly awash in succession-themed stories. “Empire,” “Yellowstone” and “La Maison” all hinge on the promises and prevarications of parents and their offspring. On HBO alone, we’ve had “Succession” (children vying for control of a media empire), “The Righteous Gemstones” (children vying for control of a religious empire) and “House of the Dragon” (children vying for control of the family dragons).Neither is this trend reserved for fiction. Two recent documentaries revolve around an emergent archetype in succession stories: the crusty, vainglorious old man whose megalomaniacal allegiance to his business empire supersedes his capacity for common decency.Released in September, the six-part Netflix documentary “Mr. McMahon” explores the legacy of professional wrestling’s most consequential overlord, Vince McMahon, who took over the hardscrabble World Wrestling Federation — previously owned by his father, Vince McMahon Sr. — and transformed it into a global juggernaut. By the 1990s and 2000s, World Wrestling Entertainment (having changed its name in 2002) was drawing huge ratings by dramatizing McMahon’s dueling with his two children, Stephanie and Shane, who both desired, in the W.W.E.’s story line, to compete with and succeed their autocratic father.Professional wrestling is, famously, a strange admixture of reality and fiction; its in-ring beefs are often exaggerated versions of offscreen animosities. “Mr. McMahon” reveals the extent to which the McMahons’ televised rivalries were true to life. Shane, in particular, butted heads with his father around the height of what is known in wrestling lore as the Attitude Era. The two men ended up battling each other at WrestleMania 17 in 2001, following weeks of onscreen drama regarding the future of the W.W.E. The ensuing “street fight,” as it was billed, turned nasty as the father peppered his son with actual punches, rather than the usual pulled shots. It is unpleasant to watch and hard to turn away from.The wealth hoarding of older generations may be the lurking subtext of all these plots.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

    • 150 Shares199 Views

      in Movies

      Why You May Never See the Documentary on Prince by Ezra Edelman

      by

      Dig, if you will, a small slice of Ezra Edelman’s nine-hour documentary about Prince — a cursed masterpiece that the public may never be allowed to see.Listen to this article, read by Janina EdwardsIt’s 1984, and Prince is about to release “Purple Rain,” the album that will make him a superstar and push pop music into distant realms we had no idea we were ready for. The sound engineer Peggy McCreary, one of many female engineers he worked with, describes witnessing a flash of genius during the creation of his song “When Doves Cry.” Over a two-day marathon recording session, she and Prince filled the studio with sound — wailing guitars, thrumming keyboards, an overdubbed choir of harmonizing Princes. It was the sort of maximalist stew possible only when someone is (as Prince was) a master of just about every musical instrument ever invented. But something wasn’t right. So at 5 or 6 in the morning, Prince found the solution: He started subtracting. He took out the guitar solo; he took out the keyboard. And then his boldest, most heterodox move: He took out the bass. McCreary remembers him saying, with satisfaction, “Ain’t nobody gonna believe I did that.” He knew what he had. The song became an anthem, a platinum megahit.The next sequence starts to probe the origins of Prince’s genius, how it grew alongside a gnawing desire for recognition. His sister, Tyka Nelson, a woman with owlish eyes and pink and purple streaks in her hair, appears onscreen. She describes the violence in their household growing up. How their musician father’s face changed when he hit their mother. The ire he directed at his son, on whom he bestowed his former stage name, Prince — a gift, but also a burden, a reminder that the demands of supporting his children had caused him to abandon his own musical career. Prince would risk lashings by sneaking over to the piano and plinking away at it — the son already embarked on his life’s work of besting his father, the father giving and withdrawing love, the son doing the same.Cut to Jill Jones, one in a long line of girlfriend-muses whom Prince anointed, styled, encouraged and criticized. Hers is one of the most anguished testimonies in the film, revealing a side of Prince many of his fans would rather not see. Late one night in 1984, she and a friend visited Prince at a hotel. He started kissing the friend, and in a fit of jealousy, Jones slapped him. She says he then looked at her and said, “Bitch, this ain’t no [expletive] movie.” They tussled, and he began to punch her in the face over and over. She wanted to press charges, but his manager told her it would ruin his career. So she backed off. Yet for a time, she still loved him and wanted to be with him, and stayed in his orbit for many more years. Recounting the incident three decades later, she is still furious, still processing the stress of being involved with him.In the next sequence, it’s the evening of the premiere of “Purple Rain,” the movie, which will go on to win the Academy Award for best original song score in 1985. Prince’s tour manager, Alan Leeds, was with him in the back of a limo on the way to the ceremony. He remembers one of Prince’s bodyguards turning to Prince and saying: “This is going to be the biggest day of your life! They say every star in town is there!” And Prince clutched Leeds’s hand, trembling in fear. But then, as Leeds tells it, some switch flipped, and “he caught himself.” Prince’s eyes turned hard. He was back in control. “That was it,” Leeds says. “But for maybe 10 seconds, he completely lost it. And I loved it. Because it showed he was human!” In the next shot, we see Prince emerging from the limo and walking down the red carpet in an iridescent purple trench coat over a creamy ruffled collar, his black curls piled high. He swaggers, twirling a flower, unbothered: a creature of regal remove.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

    • 100 Shares179 Views

      in Music

      Michael Jackson Died With $500 Million in Debt

      by

      Jackson owed about $40 million to the tour promoter A.E.G. in 2009, his estate’s executors said in a court filing. They said all the debts have been eliminated.Michael Jackson’s debts and creditor’s claims at the time of his death in 2009 totaled more than $500 million, according to a court filing by the pop superstar’s estate that provides details of his financial woes toward the end of his life.Jackson owed about $40 million to the tour promoter A.E.G., according to the filing, which was made in Los Angeles County Superior Court this month and earlier reported by People magazine. The filing said that 65 creditors made claims against the singer after his death, some of which resulted in lawsuits, and that some of his debt had been “accruing interest at extremely high interest rates.”A representative for the Jackson estate, which is executed by John Branca and John McClain, did not immediately respond to a request for comment. The estate filed the court papers as a request to authorize the payment of about $3.5 million to several legal firms for their work in the second half of 2018.In the court filing, the executors say that they have eliminated the estate’s debt and that almost all of the creditors’ claims and litigation have been resolved.Jackson earned hundreds of millions of dollars throughout the 1980s and 1990s as the creator of some of the biggest-selling albums of all time, along with dazzling concert tours that filled stadiums around the world. He bought the Beatles’ song catalog for $47.5 million in 1985 and later sold it to Sony/ATV Music in exchange for a 50 percent share in the company. Sony bought back the estate’s share for $750 million in 2016.But when Jackson died at the age of 50, shortly before he was supposed to embark on a tour called This Is It, he left behind a tangled web of assets and liabilities.Jackson was famous for his lavish lifestyle and spent money with abandon. He incurred millions of dollars in debt from his Neverland Ranch estate in Southern California and had a penchant for expensive art, jewelry and private jets. He was paying more than $30 million annually on interest payments, a forensic accountant testified during a 2013 wrongful-death trial in which A.E.G. prevailed.The Jackson estate is currently in a dispute with the I.R.S. after a tax audit. In a separate court filing this year, the estate said that the federal agency accused it of undervaluing its assets and said it owed “an additional $700 million in taxes and penalties.”Kirsten Noyes More

    • 125 Shares99 Views

      in Music

      Brian Wilson’s Family Seeks Conservatorship for a Beach Boys Founder

      by

      Mr. Wilson, whose musical genius powered the Beach Boys, has dementia, according to his publicist. His wife, Melinda, died last month.The family of Brian Wilson, the musical architect whose genius helped power the Beach Boys, is seeking to place him under a conservatorship following the death of his wife, Melinda, last month.According to documents filed in Los Angeles Superior Court earlier this week by lawyers representing the potential conservators, Mr. Wilson, 81, has “a major neurocognitive disorder,” and “is unable to properly provide for his own personal needs for physical health.” Melinda Wilson had previously provided care for her husband, but following her death on Jan. 30, the appointment of a conservator has become necessary, according to the petition filed on Wednesday.In a statement. the family said that LeeAnn Hard, Mr. Wilson’s business manager, and Jean Sievers, his publicist and manager, would serve as co-conservators.“This decision was made to ensure that there will be no extreme changes to the household and Brian and the children living at home will be taken care of and remain in the home where they are cared for,” the statement said.In an email to The New York Times, Ms. Sievers said Mr. Wilson has been “diagnosed with dementia.” She said that as a co-conservator, she would “ensure that all of Brian’s daily living needs are satisfied and he continues to lead an active life.”A hearing on the petition has been scheduled for April 30.Mr. Wilson, a revered founder of the Beach Boys, is widely credited as a musical visionary who channeled an idealized notion of California into a chart-topping sound.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

    • 113 Shares179 Views

      in Music

      Judge Weighs Conservatorship for the Former Supreme Cindy Birdsong

      by

      The singer’s family has asked the court to approve a legal arrangement that would govern her medical decisions and finances after relatives objected to the previous care by a longtime friend.A judge in Los Angeles is set to consider on Tuesday whether to establish a conservatorship for an 83-year-old former member of the Supremes, whose family has argued that her physical and mental frailties have made her vulnerable to undue influence for years.The singer, Cindy Birdsong, spent nearly a decade with the group after replacing one of its original members, Florence Ballard, in 1967, performing hits such as “Stop! In the Name of Love” and “I Hear a Symphony” as one-third of Motown’s marquee act.But after Birdsong left the Supremes in 1976, her finances fell apart — a situation she later attributed to a “bad closing deal” with Motown Records — and later on, several strokes left her unable to care for herself or manage her affairs, her family has said.Birdsong’s siblings have asked that the singer’s brother, Ronald Birdsong, serve as co-conservator alongside an entertainment business manager, Brad Herman. It was Herman, called in by a friend of Birdsong’s, who spearheaded the singer’s removal two years ago from an apartment where she lived with a longtime friend.The family has said the friend, Rochelle Lander, isolated them from Birdsong and withheld information about her ailing health. They have argued that a conservatorship is needed to ensure that her care and finances are being properly managed. Birdsong, who is not known to have retained significant music royalty rights, is currently in a California nursing facility where she is on a feeding tube, according to court papers.“Since I live outside of California, and since my sister has been unable to tend to her affairs herself,” Ronald Birdsong said in the conservatorship application, “I depend on Mr. Herman to keep me updated on Cindy’s well-being as well as helping to keep all of her affairs in order.”Last month, the judge assigned to the case, Lee R. Bogdanoff, referred it to the Office of the Public Guardian, indicating that he will consider whether a third-party conservator should step in to manage Birdsong’s affairs. His rationale for the decision was not made public, but he based it on the findings of a confidential report by a court investigator.Herman and Terri Birdsong, a sister of Cindy Birdsong’s, said they were working with a newly hired lawyer to fill in some of the information that was lacking in their initial conservatorship application, and that they expected the singer’s court-appointed lawyer to ask for a delay in the case while they did so.The court-appointed lawyer, John Alan Cohan, did not respond to requests for comment.It is unclear whether Lander, a former performer with whom Cindy Birdsong started a Christian ministry, is planning to challenge the family’s bid for a conservatorship. She has defended her care of the singer in the past, saying that she had been steadfastly dedicated to helping her over many years, and she has displayed a power of attorney that she said Birdsong signed more than a decade ago.The tensions between Birdsong’s siblings and Lander mounted a few years ago, during a visit to the singer’s Los Angeles apartment, where the family said it was stunned by how her condition had deteriorated, according to interviews with her three living siblings and a sister-in-law. The family ultimately reached out to the police, who enforced Birdsong’s removal from the apartment in 2021.In a video taken by Herman that night, Lander argued against the removal, citing her power of attorney papers.“She needs to have due process before you come in forcefully and think you’re going to take over her life,” Lander said in the video, as several police officers stood in the hallway of the apartment building.Lander has not agreed to an interview and did not respond to requests for comment about the court proceedings.Herman, who holds a power of attorney signed by the three siblings and sister-in-law, said the family wants the legal proceeding to help clarify how the singer’s money has been managed in recent years.“From the time I became power of attorney, I’ve been trying to get documents that tell me what rights, what royalties, what residuals are coming to Cindy,” Herman said in a recent interview. “Whatever monies have come in, where did they go?”Though it was well known that Birdsong had stopped performing and largely slipped from public view, the extent of her deterioration prompted an outpouring of concern several weeks ago, around when the family filed its conservatorship application.“Prayers for a lady who has meant so much to my life,” one fan wrote on a Facebook page dedicated to Birdsong.Some friends and associates of Birdsong, like Jim Saphin, who befriended the singer in the ’60s and ran a British fan club for Diana Ross and the Supremes, said they had been dismayed to hear of the singer’s condition.Steve Weaver, a record producer who lives in England and has worked with former Supremes, said he had spoken with close friends of Birdsong’s who had visited her in recent weeks and reported that she had not been able to speak.“But playing Supremes records really boosts her up,” Weaver said he had been told.Charlo Crossley-Fortier, a singer and actress who became friends with Birdsong after meeting her at church, and John Whyman, a friend since the ’70s who at one point invited the singer to live with him amid financial struggles, said they had become concerned over the years that Lander had been isolating Birdsong from other friends and family and had actively resisted her pursuit of any role in pop music.Weaver recalled that about a decade ago, he was set to record a track with Birdsong when Lander intervened and declared that Birdsong was “not recording any secular music now.” Birdsong, who often recalled how Christianity had lifted her out of serious depression after leaving the Supremes, once said in a television interview with “The 700 Club” that she didn’t “have a desire to sing rock ’n’ roll anymore,” preferring to sing religious music instead.Though Birdsong’s life took a sharp turn after leaving the Supremes, Crossley-Fortier said, “Cindy will forever be part of music history.” More