Buzz Aldrin Fighting Son Over Control of His Money in Nasty Family Battle

Buzz Aldrin is at war with his own son over access to his bank accounts, and now he has been unable to touch his own money until the court makes a decision on who can touch the cash.

According to court documents obtained by The Blast, Buzz and his son Andrew Aldrin are battling over control of the famed astronaut’s bank accounts.Morgan Stanley filed court docs in the ongoing battle between Buzz and two of his kids pleading for the courts help. They claim to be receiving conflicting instructions on how to handle Buzz’s money held in two accounts with them.


Buzz Aldrin

The accounts are held in Buzz’s trusts and his son previously was the trustee of the trust, before his father filed to revoke it.

Since the lawsuit was filed Morgan Stanley claims to have been given “contrary directions relating to distribution of the Accounts from the attorneys for Buzz Aldrin and the attorneys for Andrew Aldrin, as Trustee, respectively.”

They claim earlier this month Andrew’s lawyer instructed them not to transfer any money out of the accounts. Days later they were contacted by Buzz’s lawyer directing them to transfer money out of the accounts to Buzz Aldrin.

Morgan Stanley says they are ready to transfer the money to whoever but don’t want to send it to the wrong person. They are asking the court to step in and help figure out who will get the cash.

Last year, Buzz sued his kids accusing them of misusing his credit cards and transferring money out of his accounts without permission.

Aldrin claims his son Andrew does not tell him about pending or future business transactions, removed large sums of money from his accounts, and continues to represent him in business and social capacities despite his repeated requests to stop.

Aldrin asked a judge to remove Andrew Aldrin as his trustee and strip him of control of his financial affairs, social media accounts, and several nonprofit and business enterprises.

He also claims his daughter Janice used his credit cards without permission. Buzz alleged that Andrew and his former business manager slandered him by claiming he suffers from dementia and Alzheimer’s.Buzz noted his children filed a petition recently claiming he was suffering from memory loss, delusions, paranoia, and confusion.

They are asking the court to review the records and rely on the reports as evidence in this case. They are asking for Buzz’s lawsuit to be stayed until the outcome of Incapacity Proceedings they filed against their dad.

In October, Buzz’s lawyer even filed documents seeking to drop his client and cease representing him. The case is ongoing.

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Buzz Aldrin Fighting Son Over Control of His Money in Nasty Family Battle

See Also:
WALKING ON THE MOON DOES NOT KEEP YOU FROM AGING
 

Lessons From Buzz Aldrin Guardianship: Twin Filings Put Focus on Abuse 

WALING ON THE MOON DOES NOT KEEP YOU FROM AGING

 

Buzz Aldrin lawsuit shows need to plan for aging parents 

NEW WRINKLES: A man on the moon, brought down to earth

Legendary astronaut Buzz Aldrin sues his family alleging fraud   

WALKING ON THE MOON DOES NOT KEEP YOU FROM AGING

Posted on August 15, 2018 by H. Frances Reaves

 

Buzz Aldrin, the second man to walk on the moon, is 88 years old and has met his fourth wife.  The bad news, the kids don’t like her.  

Here’s what we know from media reports; Dr. Aldrin has sued two of his (3) children and his former manager.  Two children, Andy and Jan, had asked a court to name them as guardians citing his loss of cognitive function and dementia. Warrior that he is, Colonel Aldrin (ret) came out fighting!  He sued the kids, claimed they had transferred monies from his foundation for their personal use and used his credit cards without his permission and sabotaged his love life.  He made an appearance on Good Morning America excoriating his children and accused them of exploiting the elderly.  

The  ousted manager, Christina Korp, states that “almost a year ago, some people began to exert undue influence on Buzz.  These individuals began to actively try to drive a wedge between Buzz, his children and me, for what I fear is their own benefit.”  Her  argument is that because he has dementia he is vulnerable to manipulation.

My argument is that the kids and manager he is suing are doing exactly the same thing.  This ‘fight’ is about who gets to manipulate Colonel Aldrin.  His estate is valued at approximately $12 million. The two children are paid by the Aldrin foundation, as was the former manager. 

Lisa LaBonte met Buzz Aldrin because of their shared interest in STEM education (Science, Technology, Electronics, Mathematics).   She works for Carnegie Ventures and because of Colonel Aldrin’s work has become a part of his business life.  They are great friends.  

Colonel Aldrin also has a girlfriend (unnamed) and the relationship has blossomed into something more.  One can speculate as to her motive but the same can be said for the kids and former manager.  Further, If Buzz Aldrin is happy  . . . who cares?  Doesn’t  he deserve it?

All of this will be solved fairly soon as the “mental health’ tests have been administered and the Courts will review the three different opinions.  I’m only sad that a man who gave his life to service for our country (his children did not) has to defend his honor.  The children did nothing for the $12 million but now feel as though its theirs to protect.  I say, Buzz Aldrin’s life speaks for itself.  Good for him making a last stand – no matter what the outcome!

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WALKING ON THE MOON DOES NOT KEEP YOU FROM AGING