On Monday, Narcy Novack was celebrating a bittersweet victory after a judge paved the way for her to cash in on her slain husband's $10 million fortune.
Her victory was short-lived.
By Thursday, Novack -- a suspect in last year's killing in New York of her husband, Ben Novack Jr. -- no longer held the purse strings and, according to court records, she may also be tangled up in a federal criminal investigation.
Noting an ``imminent'' federal grand jury probe in New York -- and the fact that her two criminal attorneys wanted to collect more than $1 million from her husband's estate -- he overturned his decision Monday to hand her control of the estate.
Under the judge's new order, Narcy Novack must post a $5 million bond before she can be named personal representative. The liquid assets of the estate will be placed in a court depository, where the money cannot be touched without court approval.
Full Article and Source:
Judge Reverses Ruling That Gave Widow Control of Novak Estate
See Also:
Novack's Widow to Control $10 Mil Estate
3 comments:
I agree with this - she's a suspect in the murder case. Settle that first.
"The liquid assets of the estate will be placed in a court depository, where the money cannot be touched without court approval."
Makes sense. At least that way, there is a record of spending.
If she is guilty, she certainly should not have this fortune but, neither should the state. My concern after having experience in Florida with court approvals is that often things are approved that should not be!! God help this family fortune get to the true heirs. If Nancy is truely innocent she may be better of to post bond so the system doesn't use this fortune to fight against her. That's how corrupt guardianships get away with it!
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