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Ailing Zsa Zsa Gabor forced to sell her $28m Bel-Air mansion to pay for medical treatment
(London) Daily Mail ^ | January 26, 2011

Posted on 01/26/2011 7:13:25 AM PST by Zakeet

It's been the scene of opulent parties and revelry.

But Zsa Zsa Gabor's starry life at her Bel Air mansion has now finally come to an end.

As the 93-year-old actress' health worsens, her husband has been forced to sell the couple's palatial mansion in order to pay for her medical fees.

Zsa Zsa's ninth husband, Prince Frederic von Anhalt told the media that he made the decision on Saturday, when his wife returned home from the Ronald Reagan UCLA Medical Center after having about three-fourths of her leg amputated.

It was the 67-year-old socialite that gave the go-ahead for his wife's life-saving operation.

Doctors treating Gabor at the Los Angeles hospital decided on the procedure after an MRI revealed gangrene in her leg had spread into the bone.

Von Anhalt told the Los Angeles Times that his wife's mounting medical bills and bad debt are too much to deal with, and they need to sell the house so he can continue to look after her.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: News/Current Events
KEYWORDS: gabor; healthcare; hollywood
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This is another good example why we need ObamaCare

1 posted on 01/26/2011 7:13:29 AM PST by Zakeet
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To: Zakeet

Indeed!


2 posted on 01/26/2011 7:15:17 AM PST by null and void (We are now in day 736 of our national holiday from reality. - 0bama really isn't one of US.)
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To: Zakeet

I’ll give the guy credit, for an apparent gigolo he seems to be trying to take good care of her.


3 posted on 01/26/2011 7:15:20 AM PST by Dr. Sivana (There is no salvation in politics.)
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To: Zakeet

Obamacare? For a person who’s 93 years old?

The Obamacare treatment for her would be “You’ve had a Complete Life; go home and die”.


4 posted on 01/26/2011 7:18:49 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Zakeet
"mounting medical bills and bad debt"

Have they heard of mortgages -- or maybe the "bad debt" (?) has something to do with it?

It's hard to believe that she could possibly accumulate $28,000,000 in medical bills that aren't covered by Medicare.

5 posted on 01/26/2011 7:20:03 AM PST by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: Dr. Sivana
I doubt it's the medical bills that are the problem. My father had health problems as bad as ZsaZsa’s and Medicare paid the bills.

I think he wants to sell the house now while she's still alive to have her cash in hand when she goes.

6 posted on 01/26/2011 7:20:46 AM PST by CaptainK (...please make it stop. Shake a can of pennies at it.)
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To: Zakeet
It sounds like she was house rich and cash poor.

The Prince has, however, put one rather large condition on the sale. That is, that his wife of 15 years will be allowed to live in the house for the rest of her life.

That sounds very reasonable, selling her house now instead of waiting until after she dies so the money can be spent on her care.

7 posted on 01/26/2011 7:21:19 AM PST by KarlInOhio (Washington is finally rid of the Kennedies. Free at last, thank God almighty we are free at last.)
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To: Zakeet

Tear down. It’s a dated dump. Astro turf and concrete pavers.


8 posted on 01/26/2011 7:21:25 AM PST by Leisler (They always lie, and have for so much and for so long, that they no longer know what about.http://ma)
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To: Zakeet

#1 — Highly doubtful it is worth $28 million...maybe $10
#2 -— Probably has all kinds of second mortgages on it already
#3— She and hubby been pulling money out of it for years

Those are my guesses
Good luck ZaZa!


9 posted on 01/26/2011 7:24:32 AM PST by dennisw (- - - -He who does not economize will have to agonize - - - - - Confucius)
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To: Sooth2222
It's hard to believe that she could possibly accumulate $28,000,000 in medical bills that aren't covered by Medicare.

$28 million is the house's value, not the unpaid bills. Also, I expect Zsa Zsa wants care better than Medicare pays for - such as a private room, personal nurse, doctors that work on her schedule rather than getting around to her treatment when they have time behind all the other Medicare patients.

The article said that the medical bills were $21,000 per month plus $35,000 a month for upkeep on the house itself.

10 posted on 01/26/2011 7:25:41 AM PST by KarlInOhio (Washington is finally rid of the Kennedies. Free at last, thank God almighty we are free at last.)
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To: Zakeet
...Von Anhalt told the Los Angeles Times that his wife's mounting medical bills and bad debt ...
First of all, it's not just the medical bills causing them to sell.
Second, if she's on Medicare, why didn't they buy a MediGap or Medicare Advantage plan?
Even if it cost an extra $500 a month, it would be better than the $21K a month it's costing her now.
11 posted on 01/26/2011 7:25:45 AM PST by oh8eleven (RVN '67-'68)
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To: Sooth2222

Maybe she needs the money to pay for alternative therapies she thinks may help her.


12 posted on 01/26/2011 7:29:27 AM PST by Vendome (Don't take life so seriously..... You won't live through it anyway.)
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To: Zakeet
They are going to probably have to deal with taxes on everything above 1.4 million of that.

If they get their 28 million for the home she paid 600k for they could find themselves owing 11 plus milliosn in taxes for the sale.
Government never earned this money, but some person here for 30 years who doesn't yet speak English will surely benefit from their loss, along with government unions.

IMO sickening!

PS: Won't sell for more than 13-21 million IMO.

13 posted on 01/26/2011 7:34:14 AM PST by A CA Guy ( God Bless America, God bless and keep safe our fighting men and women.)
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To: Dr. Sivana

I think you lose that title at the age of 60.


14 posted on 01/26/2011 7:34:23 AM PST by Delta Dawn (The whole truth.)
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To: Sooth2222

“It’s hard to believe that she could possibly accumulate $28,000,000 in medical bills that aren’t covered by Medicare”

Exactly. This is ridiculous, but as long as it fits the liberal story line the MSM will report it. If they can afford a 28 million dollar home, they can certainly afford the very best insurance, but even without insurance this story is ridiculous.


15 posted on 01/26/2011 7:37:56 AM PST by pieceofthepuzzle
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To: Delta Dawn
Cary Grant at 80 still had women wanting to chase him around.
Zsa Zsa’s Prince husband has at least not been goofy and silly regarding the seriousness of this issue. I will give him that because the guy has a reputation of a celebutard!
Now is he selling her home after the medical got covered by her insurance and medicare to move all the money into his accounts? Don't know!
16 posted on 01/26/2011 7:38:15 AM PST by A CA Guy ( God Bless America, God bless and keep safe our fighting men and women.)
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To: Zakeet

They did invest I think with Madoff (sp), so they could be very cash poor.


17 posted on 01/26/2011 7:39:50 AM PST by A CA Guy ( God Bless America, God bless and keep safe our fighting men and women.)
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To: Zakeet

I thought only people that smoked cigarettes racked up medical bills.


18 posted on 01/26/2011 7:40:35 AM PST by fruser1
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To: Zakeet
Am I the first to say it?

Palin's fault!

19 posted on 01/26/2011 7:41:44 AM PST by thefactor (yes, as a matter of fact, i DID only read the excerpt)
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To: KarlInOhio
The article said that the medical bills were $21,000 per month plus $35,000 a month for upkeep on the house itself.

$28m invested at 2.4% after tax would cover it.

20 posted on 01/26/2011 7:45:27 AM PST by cynwoody
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To: CaptainK

“I think he wants to sell the house now while she’s still alive to have her cash in hand when she goes.”

That & probably mounting debt he’s racked up and needs to pay off.


21 posted on 01/26/2011 7:47:51 AM PST by nuconvert ( Khomeini promised change too // Hail, Chairman O)
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To: DuncanWaring
*Obamacare? For a person who’s 93 years old?
The Obamacare treatment for her would be “You’ve had a Complete Life; go home and die”.*

The Death Panels, that the Left just promised to eliminate a couple weeks ago even though they denied there was any such talk in the Obamacare Bill, would say, “93? Why did she get to live so long.”
Don’t they let kids read “Animal Farm” in school anymore?

22 posted on 01/26/2011 7:57:38 AM PST by PATRIOT1876 (The only crimes that are 100% preventable are crimes committed by illegal aliens)
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To: Dr. Sivana
for an apparent gigolo he seems to be trying to take good care of her.

Call me a skeptic, but I'd bet big bucks that he wants the multi-million dollar home sold while she's alive, because perhaps the property is willed to a child or someone other than 'Prince'.

23 posted on 01/26/2011 7:59:36 AM PST by ErnBatavia (It's not the Obama Administration....it's the "Obama Regime".)
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To: Zakeet

¡Pobrecita!


24 posted on 01/26/2011 8:00:03 AM PST by PATRIOT1876 (The only crimes that are 100% preventable are crimes committed by illegal aliens)
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To: DuncanWaring; All

Question to all freepers: Let’s say your 93 years old mother is in the hospital. A doctor tells you she needs brain surgery. He’s found water on the brain and it’s very treatable. He tells you he’s done it before, even on his own mother...What do you say? Be honest.


25 posted on 01/26/2011 8:07:55 AM PST by Hildy
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To: Zakeet

Under 0bamaCare, Zsa Zsa would’ve been dead a long time ago, unless, of course she were a big political donor (note how SEIU thug chieftains got waivers).

Also, the fact the couple is selling the house tells me the med bills are being paid in cash.


26 posted on 01/26/2011 8:10:01 AM PST by ScottinVA (The West needs to act NOW to aggressively treat its metastasizing islaminoma!)
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To: A CA Guy

Indeed. But what about one time sale of primary residence? Am I hallucinating?


27 posted on 01/26/2011 8:10:25 AM PST by LadyShires
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To: Hildy
What do you say? Be honest.

"I'll ask my mother."

28 posted on 01/26/2011 8:11:55 AM PST by ClearCase_guy
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To: Hildy
He tells you he’s done it before, even on his own mother...What do you say? Be honest.

Without hesitation, I say "Yes, absolutely."

29 posted on 01/26/2011 8:12:14 AM PST by ScottinVA (The West needs to act NOW to aggressively treat its metastasizing islaminoma!)
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To: Leisler
Tear down. It’s a dated dump. Astro turf and concrete pavers.

You are referring, of course, to Zsa Zsa.

30 posted on 01/26/2011 8:12:27 AM PST by Lazamataz (If Illegal Aliens are Undocumented Workers, then Thieves are Undocumented Shoppers.)
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To: thefactor
"Am I the first to say it?

Palin's fault!"

I think this one will get blamed on Ronald Reagan...

...when his wife returned home from the Ronald Reagan UCLA Medical Center after having about three-fourths of her leg amputated.

31 posted on 01/26/2011 8:13:21 AM PST by libs_kma (If you "drain the swamp", and Rangel and Waters are still there...thats an EPIC FAIL!!!!)
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To: Hildy
Question to all freepers: Let’s say your 93 years old mother is in the hospital. A doctor tells you she needs brain surgery. He’s found water on the brain and it’s very treatable. He tells you he’s done it before, even on his own mother...What do you say? Be honest.

Yes, let's do it to your mother again.

32 posted on 01/26/2011 8:13:35 AM PST by Lazamataz (If Illegal Aliens are Undocumented Workers, then Thieves are Undocumented Shoppers.)
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To: Lazamataz

*Snort*

Good one!!


33 posted on 01/26/2011 8:16:05 AM PST by Hulka
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To: PATRIOT1876
¡Pobrecita!

Indeed. This story, from last August, values the mansion at only $14m and claims she lost $10m to Bernie Madoff.

http://www.showbizspy.com/article/209555/zsa-zsa-gabor-will-die-broke-becuase-of-bernie-madoff.html?pid=2655

34 posted on 01/26/2011 8:17:26 AM PST by cynwoody
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To: Zakeet

Under the Cuban health care model, she’d have been raped, shot in the back of the head and her estate would have been seized.


35 posted on 01/26/2011 8:19:43 AM PST by Grizzled Bear ("Does not play well with others.")
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To: Hildy

Not being a “health care professional” and assuming “water on the brain” is not a symptom of something else bad, if she was reasonably healthy before, I’d say “Yes”.


36 posted on 01/26/2011 8:20:20 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Dr. Sivana

I’ll bet there’s more to this story... parts of it don’t ring true.


37 posted on 01/26/2011 8:22:11 AM PST by GOPJ (How Liberal Journalists Think: http://www.youtube.com/watch?v=zF3hbPtCttc)
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To: LadyShires

It’s my understanding that only the first half-million “or so” is tax-free.


38 posted on 01/26/2011 8:22:28 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Grizzled Bear

And that would have been done fifty years ago.


39 posted on 01/26/2011 8:23:41 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: CaptainK

Bingo. You win the cupie doll.


40 posted on 01/26/2011 8:27:25 AM PST by certrtwngnut
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To: ErnBatavia
She has a daughter...estranged, I think. This ersatz prince married her for whatever money she had at the time. I am sure they are in debt and that the house is the last asset. He has probably already sold her jewelry. I am pretty sure he hasn't worked in many years, if ever.

Poor Zsa Zsa. She worked hard for whatever she had, and was very entertaining to watch. She didn't deserve all of this in the final years of her life.

41 posted on 01/26/2011 8:37:29 AM PST by Swede Girl
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To: CaptainK; All

I doubt it’s the medical bills that are the problem. My father had health problems as bad as ZsaZsa’s and Medicare paid the bills.
I think he wants to sell the house now while she’s still alive to have her cash in hand when she goes.

___________________

I agree. She has to be on medicare. No way such expenses could be incurred.
This is just plain nuts.
I don’t trust the faux prince. I think he was always after her money.

.


42 posted on 01/26/2011 8:48:32 AM PST by patriot08 (TEXAS GAL- born and bred and proud of it!)
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To: Leisler; All

I was amazed by the lack of carpeting on the floors.
What the heck?


43 posted on 01/26/2011 8:50:11 AM PST by patriot08 (TEXAS GAL- born and bred and proud of it!)
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To: patriot08

Rich people don’t use carpeting. That’s for the lower middle class.


44 posted on 01/26/2011 8:57:10 AM PST by kabumpo (Kabumpo)
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To: patriot08

Carpeting is way dated. My daughter wouldn’t dream of it.


45 posted on 01/26/2011 8:59:52 AM PST by altura
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To: ScottinVA

Ok, now what if ge says it’s going to cost you &100,000.
Would you still do it?


46 posted on 01/26/2011 8:59:52 AM PST by Hildy
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To: Hildy
Ok, now what if ge says it’s going to cost you &100,000. Would you still do it?

If my mother wanted the surgery, yes. What price life?

47 posted on 01/26/2011 9:11:15 AM PST by ScottinVA (The West needs to act NOW to aggressively treat its metastasizing islaminoma!)
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To: Hildy

What’s your answer?


48 posted on 01/26/2011 9:26:06 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: ScottinVA

What if you don’t have $100,000 and no chance of ever raising it, absent a lottery win?


49 posted on 01/26/2011 9:27:50 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: LadyShires
There used to be and could be up to a 500k exemption on the profit made. After that they pay taxes.

If they get another home, they can avoid taxes on that part and if they file proper papers in CA they can transfer their old basis to pay less property taxes since they are over 55.

All this is my opinion from what I think I read or know, could be Gospel, maybe it isn't, I would suggest they do their own investigation.

50 posted on 01/26/2011 9:57:42 AM PST by A CA Guy ( God Bless America, God bless and keep safe our fighting men and women.)
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