Issues concerning a person’s estate do not always have to take place after the individual has died. Texas residents may be interested in a probate litigation case currently underway in another state involving a 92-year-old woman and her fight to maintain control of her $200 million trust. The woman inherited the fortune from her great-grandfather, and now her former legal counsel has attempted to have her considered unfit to control the funds.
The attorney’s initial request to have the woman removed from the trust was successful, as he indicated that she had suffered a stroke and did not have the mental capacity to effectively manage the funds. However, the woman wrote a letter stating that the medical event was minor and that she still maintained the capabilities to manage her finances. She also stated that she had fired her former attorney due to the belief that he had mismanaged her affairs.
Additionally, the attorney stated that the woman’s partner — who is the beneficiary of the trust — was abusive toward her. The woman believes that the attorney has attempted to use the court system in an attempt to gain control of her assets. As a result, she has obtained new legal counsel in hopes to regain the management of her trust.
Any type of estate issue can be difficult to face, and as this situation shows, probate litigation may be necessary in order to address an injustice. Texas residents who are facing similar predicaments or other issues relating to their estates or the estates of loved ones may wish to determine the best manner in which to address these problems. Experienced attorneys may be able to provide useful information related to such topics.
Source: Forbes, “Royal Hawaiian Heiress In Midst Of Ugly Court Battle Over Her $200 Million Trust“, Danielle and Andy Mayoras, Aug. 17, 2017