Film buffs in Minneapolis and St. Paul may be most familiar with Reese Witherspoon for her many starring roles in movies. But the actress recently took on a legal role in real life as she petitioned to be appointed her father's conservator. The actress joined with her mother to seek conservatorship over her father, who is believed to suffer from dementia.
Readers in the Twin Cities may take interest in a recent case involving the financial exploitation of vulnerable adults by an unscrupulous deli owner. The deli owner succeeded in defrauding three seniors out of more than $200,000 of a substantial inheritance and may have continued to get away with robbing the unwitting heirs if not for a court-ordered conservatorship.
Twin Cities bargain hunters are probably familiar with estate sales as an opportunity for good finds, but a recent case that may amount to estate sale fraud might make beneficiaries think twice before hiring someone else to act on behalf of the estate. Because estate sale companies are not subject to any special regulations, they are not liable for the types of fiduciary claims that might apply to a trustee, such as self-dealing or breach of fiduciary duty.
Many readers in the Minneapolis-St. Paul area may remember Zsa Zsa Gabor from film and television roles in an acting career that spanned more than four decades. Aside from her TV and big-screen appearances, Gabor also received a load of attention a number of years ago after infamously slapping a police officer. Unfortunately for the 95-year-old screen icon, the headlines today focus on her daughter's petition for the appointment of a conservator over the ailing star's finances.
A recent case of probate litigation may give readers in the Twin Cities even more incentive to monitor the financial activities of elderly loved ones. Through the lawsuit, the legal guardian of an incapacitated millionaire widow is seeking to defeat a charity organization's demand to make good on an alleged $1 million donation commitment.