A state Supreme Court judge has ruled that ailing real estate baron Max M. Farash's Brighton estate and other family property should be preserved for inheritance by his daughter.
The court-appointed property guardian for Farash, who was declared mentally incapacitated in April 2007, had sought permission earlier this year to cut expenses by selling off Farash's 106-acre Westfall Road estate, his Mendon horse stables, Keuka Lake summer home and a Florida oceanfront condominium.
But Farash's only child, Lynn A. Farash, 61, made both sentimental and practical arguments for why the terms of her father's will should be honored and the property held for her.
Her 95-year-old father, whose personal wealth has been estimated from $200 million to $500 million, has lived in a Webster nursing home for several years.
In a brief written decision, state Supreme Court Justice John Ark sided with Lynn Farash. "She's very pleased by the decision," said Lynn Farash's lawyer, Michael Wolford.
Full Article and Source:
Farash daughter wins case
See also:
Guardian Versus Family
Guardianship Cost $1 Million
Outrageous Guardianship Fees
The court-appointed property guardian for Farash, who was declared mentally incapacitated in April 2007, had sought permission earlier this year to cut expenses by selling off Farash's 106-acre Westfall Road estate, his Mendon horse stables, Keuka Lake summer home and a Florida oceanfront condominium.
But Farash's only child, Lynn A. Farash, 61, made both sentimental and practical arguments for why the terms of her father's will should be honored and the property held for her.
Her 95-year-old father, whose personal wealth has been estimated from $200 million to $500 million, has lived in a Webster nursing home for several years.
In a brief written decision, state Supreme Court Justice John Ark sided with Lynn Farash. "She's very pleased by the decision," said Lynn Farash's lawyer, Michael Wolford.
Full Article and Source:
Farash daughter wins case
See also:
Guardian Versus Family
Guardianship Cost $1 Million
Outrageous Guardianship Fees
Yo, Momma! Kiss your $$$ goombye!
ReplyDeleteWhat do you mean "outrageous"?
ReplyDeleteI work hard for my money!
This is a major victory! Almost no one ever saves the family home or property, so this victory is close to being miraculous!
ReplyDeleteCongratulations, Lynn Farash!
Now, let's see if this victory leads to a full investigation of the guardian's handling of your father's case. It should.
The selling of the property served one purpose: to upset you and to divert all of your attention and effort toward saving it. The rationalization that the sale was to save cost is transparent.
Meanwhile, while you're fighting to save the property, the guardian is busy doing whatever he really wanted.
A full investigation is warranted.
There should never have even been a question about honoring Max Farash's will or not.
ReplyDeleteHow much money did Lynn Farash have to spend to fight and win this?
And, how much money did Max Farash have to spend defending his guardian's wrong actions?
Judge Ark should have make the guardian pay all legal fees -- not a cent from Max Farash or his daughter.
This is nothing more than court sanctioned mugging. The plaintiff's must recover every cent they spent fighting the guardianship mobsters.
ReplyDeleteCongratulations Farash family for standing up for Max Farash's written wishes and your victory!
ReplyDeleteWe celebrate with you!
This is a great win - congratulations!
ReplyDeleteI hope this win is the beginning of a winning streak for the Farash family!
Good to know there's a judge out there with common sense and decency.
ReplyDeleteThanks Judge Ark!
Max Farash's estate should not have to reimburse his guardian or guardian's attorney for this effort to undermind his will.
ReplyDeleteDon't approve their billings, Judge Ark!
Judge Ark did the right thing and honored Max Farash's wishes.
ReplyDeleteCongratulations Farash family. It's a good win. And a rare win, too.
The family wins. Wow. A small amount of hope for the rest of us.
ReplyDelete