Saturday, May 25, 2013

Zsa Zsa's Home Sells for $11 Million

A judge Monday approved the terms of the sale of the ailing Zsa Zsa Gabor's longtime Bel Air residence for $11 million in a deal that will allow the 96-year-old actress to remain in the residence for three years.

Los Angeles Superior Court Judge Reva Goetz gave a final nod to the deal despite the reservations of a lawyer for Gabor's daughter that the aging celebrity could end up with nothing because of the potential tax consequences of the sale.

"If she lives beyond three years it could be a disaster," said Kenneth Kossoff, who represents Constance Francesca Gabor Hilton.

But Gabor's husband and temporary conservator, Frederic Prinz von Anhalt, was upbeat about the transaction with the buyer, identified as Jade Enterprises LLC. "It's a good deal for me and it's good for my wife," von Anhalt said. "It will give us both peace of mind."

Full Article and Source:
Zsa Zsa Gabor's Home Sells for $11 Million

See Also:
Zsa Zsa Gabor's Husband Extended as Conservator

2 comments:

ThelmA said...

Zza Zza deserves to live out her life in her own home - forced sale by guardianship.

Norma said...

Yes and what a cruel and telling statement from Kenneth Kossoff.