All articles tagged with #estate dispute
A legal battle over Tony Bennett's estate is ongoing in NYC courts, with his daughters suing his sons over the management and value of his estate, which is significantly less than expected, due to a 2016 trust that excluded the daughters from decision-making and limited their inheritance rights.
Priscilla Presley is being sued for $50 million by her former business partners, who accuse her of fraud, breach of contract, and misappropriation of her name, image, and likeness rights related to her management of Elvis Presley’s estate and her own brand, amid a broader power struggle over the Graceland business empire and her family trust.
A legal battle over Jimmy Buffett's $275 million estate has highlighted the risks and complexities of family trusts, with disputes arising between his widow and co-trustee over management, fees, and control, reflecting broader issues in estate planning and inheritance litigation.
A legal dispute has erupted over Jimmy Buffett's $275 million estate, with his wife Jane Buffett and the estate's co-trustee, Rick Mozenter, accusing each other of mismanagement and misconduct, following Buffett's death in 2023 and involving issues related to trust management, estate assets, and future income estimates.
Jimmy Buffett's widow, Jane Buffett, has filed a court petition to remove co-trustee Rick Mozenter from her late husband's $275 million estate, citing misconduct, hostility, and lack of transparency, leading to a contentious legal battle over estate control.
Jimmy Buffett's widow Jane Buffett and her former business manager Rick Mozenter are suing each other over control of Buffett's $275 million estate, with both seeking to remove the other from managing the trust due to allegations of hostility, mismanagement, and interference in estate affairs.
Jimmy Buffett's widow, Jane Buffett, has filed to remove co-trustee Richard Mozenter from her late husband's $275 million estate, citing hostility, lack of transparency, and inadequate financial information, and is seeking to replace him with Daniel Neidich.
Kellie Pickler is in a legal dispute with her late husband Kyle Jacobs' parents over his estate and personal property. Pickler has filed a petition against Reed and Sharon Jacobs, the co-administrators of Jacobs' estate, claiming they took items from her home without providing a list. The parents have countered that Pickler has not returned certain estate items and have requested her petition be dismissed. The case remains ongoing.
Kellie Pickler is in a legal dispute with her late husband Kyle Jacobs' parents over his personal property. After Kyle's death in February 2023, Kellie declined to manage his estate, leaving his parents, Reed and Sharon Jacobs, in charge. Kellie has filed a petition claiming a dispute over certain items, including a gun collection and musical instruments, which she says she either doesn't possess or disputes ownership of. Kyle's parents have accused Kellie of withholding estate property, while Kellie demands a list of items they took from her home. The case is ongoing.
Michael Jackson's heirs, including his children and mother, have not received any money from his estate for the past three years due to an ongoing audit dispute with the IRS. The IRS claims the estate undervalued its assets and owes $700 million in taxes and penalties. Legal conflicts within the family have further complicated the situation, with the estate's executors withholding funds until the audit is resolved. Despite this, the estate claims it continues to support Jackson's family financially.
Michael Jackson's children, Prince, Paris, and Bigi, are blocked from receiving money from his trust until a dispute between his estate and the IRS over alleged undervaluation and $700 million in taxes and penalties is resolved. The estate has argued against the findings and won in 2021, but the value of Jackson's music catalog is still under reconsideration. Executors have denied a request to distribute funds from the estate, citing uncertainty over the amount that can be safely distributed. Despite this, the estate claims it continues to provide substantial financial support to Jackson's mother and children.
Michael Jackson's estate claims that his mother, Katherine Jackson, has received over $55 million since his death, including a monthly allowance of $160,000 and a $15 million luxury home. The estate's executors are in a legal dispute with Katherine over her opposition to a business transaction, believed to be the estate's $600 million catalog deal with Sony. They argue that they have generously provided for Katherine's care and maintenance, and are opposing her request for the estate to pay her legal bills related to her objections and appeal.
Michael Jackson's estate claims that his mother, Katherine Jackson, has received over $55 million since his death, including a $160,000 monthly allowance and a $15 million luxury home. The estate is in a legal dispute with Katherine over her opposition to a business transaction, believed to be a $600 million catalog deal with Sony. The estate argues that it has generously provided for Katherine's care and maintenance, and should not have to pay for her recent legal bills, which stem from her efforts to block the deal.
Michael Jackson's son, Blanket Jackson, is asking a Los Angeles judge to prevent his grandmother, Katherine Jackson, from using funds from the singer's estate to finance her ongoing legal battles against the estate's executors over a recent $600 million deal with Sony. Blanket argues that it would be unfair for the estate to pay for Katherine's pending appeal, as he and his siblings have accepted the court's ruling allowing the deal to proceed, while Katherine continues to fight it. He suggests that the estate should cover her legal bills for her initial opposition to the deal but questions the amount requested and opposes funding for the ongoing appeal.
Michael Jackson's son Blanket, also known as Bigi Jackson, has filed a legal injunction against his grandmother, Katherine, to prevent her from using money from Michael's estate to fund an appeal of a previous ruling. Blanket and Katherine had previously worked together to oppose a business transaction by the executors of Michael's estate, but the court ruled against them. Blanket is now seeking to stop the estate from paying for Katherine's legal bills, expressing concern that it would devalue the estate further.