Edward Abbott Ravenscroft was counting the hours until he would be free of his protectors over at Maricopa County probate court. On Friday. the countdown clock stopped, just 61 hours short of the time he would have retaken control of his fortune.
On that day, lawyers for the Sun Valley Group and the Maricopa County public fiduciary convinced a judge to extend their control over Ravenscroft for another 30 days and oh by the way, to order that Ravenscroft's latest dividend check be handed over to Sun Valley.
Ravenscroft says he had no idea that Friday's emergency hearing was even being held and had no attorney there to represent him.
“I have no control,” a frustrated Ravenscroft told me, after learning that he'll be “protected” for at least another 30 days. “Just because I have wealth doesn't mean people can just walk all over me and do whatever they want.”
Actually, they can, as long as they get a judge to go along with it. This, after all, is probate court, where the “incapacitated” are protected, sometimes right into the poorhouse.
Full Article and Source:
Millionnaire Almost Escaped His Probate Protectors...Almost
Probate Court Lets Millionnaire Fall By the Wayside