Posted on 08/02/2022 2:56:03 PM PDT by RummyChick
here is a little more info
there is a trust
I’m stunned by this. This is totally acceptable for Naomi to do this. These gals don’t need the money for one thing and when Larry dies, they may get some. Why do people assume they are owed anything in an inheritance?
Love can build a bridge, don’t you think it’s time
Yep! 33 yrs of marriage commitment to her husband comes first. Now when the husband passes then he can leave whatever is left of the estate and the money to both daughters. This was the right decision by her to leave everything to her husband. They can contest all they want they ain’t gonna get one red cent or over turn the Will... It’s a done deal!. They can spend all the money in the world on lawyers to try to get it overturned it ain’t gonna happen.End of story.
After reading the article about how Wynonna was a shopaholic and had blown through all of her money, it explains a lot.
Fat, privileged lefties. They all belong in a mental institution.
Normal families totally understand this.
It was her money. She could have burned it all if she wanted.
Well, according to your link, the executor is directed to allocate the federal generation skipping exemption to her heirs, and specifically as is “most beneficial to my children and my more remote issue.”
But one would expect an married couple’s estate and trust to transfer to the benefit of the surviving spouse first, and then transfer to the surviving children after the death of the second spouse.
$25MM isn’t chickenfeed, but for a performer who with such a long career, one would have thought there would be a larger estate.
She was married to her husband for more than two decades. If she wanted to leave it all to him that was up to her.
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True, but the article is confusing. It says they were left out of the will. However, it then goes on to say that he is the executor, and he is entitled to ‘reasonable compensation’ for his services.
Plus, “A family friend claimed that Ashley believed her mother ‘knew what she was doing’ by not giving her sister a lump sum.”
It doesn’t sound like they were left out. It just sounds like he will control when and how much they get at a time.
in theory, it is plausible that her biggest asset is in the trust which would presumably continue to generate income.
Money problems from a newly deceased relative can bring out the worst in people.
Yep. Ive seen it more than once. And with some pretty paltry estates too.
there was an actress in the UK worth about 10 million that died from colon cancer. She left her estate to her current husband with the idea that he would take care of her sons by another marriage
you can guess what happened there...
they got paltry sum while husband went out and got hair transplants and a corvette..lol
One might say it’s the government that has the money disorder.
Spoiled rat children who have zero impulse control. Those $25M would be burned up in a month by those two crazy girls.
I have always felt sorry for John lennon’s first son.
Until she got the chipmunk implants in her face. Why is it all the evil hellish nasty actresses in Hollywood all look like chipmunks! I would be suing my plastic surgeon to kingdom come.
you can guess what happened there..
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Yes, Especially when they don’t give a set amount for reasonable fees.
I don’t think she will get anywhere in court at this time. Although, maybe down the road, if she can prove mismanagement of the money.
Leaving everything to your spouse of over 30 years is not at all unusual. Once your kids are adults you do not owe them any inheritance. Anything you decide to leave them is a gift.
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