$9,000,000.00 ESTATE ADMINISTRATION SETTLEMENT, AVAILABLE TO REPRESENT CLIENTS FROM JACKSONVILLE, MORGAN COUNTY, SPRINGFIELD, SANGAMON COUNTY, DECATUR, MACON COUNTY, ILLINOIS, WE REPRESENTED A SURVIVING SPOUSE WHO WAS SCHEDULED TO RECEIVE BASICALLY AN INCOME INTEREST FROM HER PREDECEASED HUSBAND’S FORTUNE WHILE THE HUSBAND’S SUBSTANTIAL CORPORUS WAS TO BE GIVEN TO HIS DISTANT RELATIVES. AFTER CONTESTED PROCEEDINGS INVOLVING NUMEROUS PARTIES AND LAW FIRMS IN ILLINOIS AND MISSOURI THE SURVIVING SPOUSE ENDED UP WITH AN ESTATE IN EXCESS OF $9,000,000.00 WHICH SHE WAS THEN ABLE TO LEAVE AS SHE WISHED, TO HER SIDE OF THE FAMILY AND FRIENDS, INCLUDING ON A TAX-FREE BASIS SINCE SHE PASSED AWAY IN 2010, AT TIME WHEN THERE WAS NO ESTATE TAX. IF THE SURVIVING SPOUSE HAD NOT CONTESTED MATTERS TIMELY, AND IF APPROPRIATE AND AGGRESSIVE ACTION HAD NOT BEEN TAKEN IMMEDIATELY, SHE WOULD HAVE HAD RELATIVELY LITTLE TO LEAVE TO HER SIDE OF THE FAMILY AND FRIENDS UPON HER DEATH, METRO EAST, BELLEVILLE, ST. CLAIR COUNTY, ILLINOIS LAW FIRM HANDLING ESTATE LAW, FAMILY LAW, REAL ESTATE LAW AND TAX LAW CASES.
$1,000,0000.00 recovery for Colorado Resident. We recovered in excess of $1,000,000.00 for a Colorado resident whose father passed away in Southern Illinois and whose trust was being managed by basically a rogue trustee. The trustee has prematurely helped themselves to excessive trustee’s fees not to mention attempting to have the beneficiaries agree to take out unnecessary life insurance thereby resulting in additional profits to the trustee, who sold life insurance. Instead of our client receiving a lifetime monthly benefit of about $500.00 per month after lawsuits were filed, a settlement was reached whereby the trust was dissolved and our client walked away with an excess of $1,000,000.00 recovery.