Thursday, October 14, 2010

Grandchildren of Walt Disney, Father Battle for Control

Even the lives of American royalty are not immune from being upended in Probate Court.

Three cases in Maricopa County and California courts attest to the fact.

The court battles revolve around the fortune of one of the legends of American entertainment, Walt Disney. They trace back to secret land deals in Florida. A prominent East Valley developer. A controversial Arizona real-estate baron. And two Disney heirs, his grandchildren, who inherited hundreds of millions of dollars.

The cases illustrate how even the most careful estate planning may not prevent vicious court fights from erupting when families feud. Relatives take sides, attorneys clash, and original estate terms may be altered.

The legal fees, they all say, are costing a fortune.

Full Article and Source:
AZ Maricopa County Probate Court - In the Valley, Heirs Embroiled in Disney Feud

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