Famous and infamous people are dying every day - Hugh Hefner, Malcolm Young, Charles Manson - but there is nothing newsworthy in their estates. Digging somewhat deep, it has been reported that notorious Las Vegas mass murderer, Stephen Paddock, did not leave a will to dispose of his reported $5 million estate. A Clark County, Nevada court had a hearing last week to determine who should administer his estate. Paddock’s 89 year old mother has declined to serve as administrator. It is likely that the Clark County Public Administrator, an elected official, will fulfill the responsibilities. The court will eventually determine who is to receive the estate proceeds.
Several points:
1. The complexities of dealing with the issues in this case are certainly above the ability of an 89 year old woman.
2. As meticulous as Paddock seemed, it might appear surprising that he did not have a will. However, maybe that is one more facet he thought through - he did not want to burden a familu member with the task of administering his estate.
3. With respect to who will eventually receive his estate, I am betting on the lawyers.
Photo Credit: AP/Eric Paddock
License: Fair Use/Education
Showing posts with label administrator. Show all posts
Showing posts with label administrator. Show all posts
Tuesday, November 28, 2017
Thursday, November 19, 2015
Boxing For Dollars
Samuel Dubose was the Cincinnatian who was shot and killed by a University of Cincinnati police officer after being stopped off campus for not having a front license plate (a "chicken shit" stop in the words of the county prosecutor). He is survived by his mother, father, and 11 children from various mothers. The only asset of his intestate estate is the potential wrongful death claim against the University of Cincinnati and its police officer. A local personal injury attorney, known for his ads shown with him wearing boxing gloves, applied to be the administrator of his estate so he could represent the estate in the forthcoming wrongful death lawsuit. After legal wrangling, the 18 year old daughter of the decedent, Raegan Brooks, was appointed as administrator of the estate today.
Several pithy points:
1. Ohio law provides that if an individual dies without a will, his spouse or his children will be appointed the administrator of the estate.
2. Nowhere in the Ohio statute is a personal injury attorney, no matter how pugilistic, listed as a possible administrator of an estate.
3. I am somewhat surprised that that the decedent had a daughter named after a Republican president. I am not surprised the name was misspelled.
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