A vicious legal battle broke out in the area of 275 million dollars of Jimmy Buffett, with his widow and his accountant to prosecute this week seeking to withdraw each other as co-transformations of a trust containing the tentacular assets of the singer of “Margaritaville”.
The widow, Jane Buffett, is angry with the way her husband’s succession was managed Since his death almost two years ago And deposited a petition to oust his co-third, the accountant Richard Mozenter. She complains that the conjugal trust created by the singer – who built a musical empire of her relaxed character, beach bum and country -rock country -rock and infectious and infectious calpso – produces much too little income.
Ms. Buffett asked a judge of the Los Angeles Superior Court on Tuesday to appoint an independent third party to replace Mr. Mozenter. His petition accused Mozenter of not providing him with basic information on the assets and finances of the trust, keeping it “in the dark with regard to the state of its own finances”. The complaint also indicated that Mr. Mozenter had “depreciated, disrespected and condescending to Mrs. Buffett”.
“Consequently, the majority of the net value of Mrs. Buffett is controlled by someone in whom she does not trust, and to whom the trust to her advantage must pay huge costs – more than 1.7 million dollars in 2024 for him and his business – no matter how much he treats it,” said the petition.
Mr. Mozenter has put his own legal action in the county of Palm Beach, Florida, this week, asking the court to withdraw Ms Buffett as co-three. His costume said that he was a “trusted financial advisor” by Mr. Buffett for more than 30 years and that he was also the singer’s commercial director.
He said that during their partnership, Mr. Buffett expressed his concerns about his wife’s ability to manage and control his assets after his death. The singer took care to put in place the confidence “in a way that prevented Jane from having real control,” said the trial. “In addition to serving as a non -controlling trustee, Jane does not have the capacity to manage the trust,” said the file. “This fact has put Jane very angry.”