U.S. District Judge David Ezra set a court date of May 21 to hear whether the fight over Tom Benson’s estate will remain in federal court or will be shifted back to a San Antonio probate court, the Times-Picayune reported on April 14.
The order was in light of a petition filed by Renee Benson, the daughter of the multi-billionaire sports teams owner, to move the case back to Bexar county probate court. Tom Benson’s lawyers initially moved the case out of the probate court and wanted it to stay in federal court.
Earlier this year, Tom Benson announced he was changing successors to his sports empire from his daughter and her two children, to his wife of 10 years, Gayle Benson. Renee Benson responded by filing petitions declaring her father incapable of running the family’s fortune.
Being embroiled in a probate dispute like this could threaten your financial future. As such, enlisting the help of a seasoned probate attorney is necessary to ensure that your rights will be taken care of at this crucial time. If you are facing probate issues in Chicago, seek the guidance of our team at Peck Ritchey, LLC, by calling (855) 328-5787 today.
Over the past year, Chicago litigation lawyer Tim Ritchey has met with members of the Chicago probate community, as well as state legislators, to discuss modifying sections 755 ILCS 5/2-6.2 and 5/2-6.6 of the Illinois Probate Act of 1975. After speaking before the Illinois Congress, SB2955 was approved and signed by Gov. Quinn, which helps extend remedies for victims of financial exploitation.
Under the revised statute, civil or criminal findings of financial exploitation will affect the abuser’s ability to receive any benefit from the Estate upon the passing of the victim. For all purposes of administration they would be treated as predeceased.
While it is always unfortunate to learn that a client has become a victim of financial exploitation, the new statute aims to offer another remedy to the aggrieved party and his/her family and beneficiaries. By understanding the new statute, attorneys are in a position to aid their clients and their families when such an issue arises.
Peck Ritchey, LLC’s Chicago litigation attorneys are experienced in helping victims of elder abuse and financial exploitation. For a consultation call (312) 201-0900.
After a one week recess, the Sterling probate trial that will decide the future of Los Angeles Clippers resumed on July 21, USA Today reported.
Donald Sterling’s estranged wife, Shelly Sterling, seems to have the upper hand in the trial after the judge decided not to reject the testimonies of the two doctors who stated that Donald Sterling was mentally unfit to continue serving the Sterling Family Trust as a co-trustee. If the court agrees with this assessment, it would give his estranged wife sole authority to sell the basketball franchise.
The judge also did not allow Donald Sterling’s lawyers to call Shelly Sterling’s attorneys to the witness stand, where they hoped to frame the lawyers and Shelly as creators of a plot to oust Donald from the trust.
Trust litigation is a complex legal process that may affect you and your loved one’s futures. If you need effective legal representation during probate and trust litigation in Chicago, consult with an attorney at Peck Ritchey, LLC. Call our offices at 855-328-5787 today to learn how we may represent you.
In a court trial on July 7, a witness stated that L.A. Clippers owner Donald Sterling has likely been suffering from Alzheimer’s, a condition that would allow his wife, Shirley Sterling, to single-handedly sell the basketball franchise, the Associated Press reported.
Dr. Meril Sue Platzer said that after conducting a series of assessment, including imaging tests and a two-hour interview, she concluded that Mr. Sterling may be exhibiting the early signs of Alzheimer’s. Under a family trust agreement, Mr. Sterling’s health condition would make him unfit to manage his family’s assets. This would thereby grant his wife the authority to sell the NBA team to former Microsoft CEO Steve Balmer.
Probate litigation can be especially difficult for individuals with Alzheimer’s. In trying times like this, the lawyers at Peck Ritchey, LLC, know how important it is to secure your welfare. If you are in need of competent probate representation in Chicago, consult with our team by dialing (855) 328-5787 today.