12 Oct 2009
An assortment of stories related to the aftermath of the Astor estate looting trial guilty verdicts are posted in the EoD News Archive. In a recent interview, Philip Marshall discussed with EoD’s Lou Ann Anderson the elder abuse and estate exploitation to which his grandmother, Brooke Astor, was subjected and his views of these issues as other American families face similar plights. Check back tomorrow for this column.The numerous counts for which Anthony Marshall and Francis Morrissey were convicted say much when it comes to the jury’s tolerance of their exploitation and estate looting efforts. Much has and will continue to be written, but Pat, a regular EoD reader, offered this and we think it’s well worth sharing:
One of the huge impediments to estate litigation is that it had been viewed as a victimless crime for too long failing to recognize the impact upon the seniors taken advantage of, the rightful heirs and beneficiaries, and/or the charities who must sacrifice what otherwise might have been useful funds.
No one wins in needless estate litigation which might have been prevented by recognizing extortion and embezzlement, intentional theft, and such as victimless crimes. It’s possible Mrs. Astor may have helped to change that perspective, though she may not know it. No one wants to see anyone go to jail for years, but if attorneys, estate planners, trustees, and greedy people continue to pursue the elderly like prey, what choice is there if law and order is to be maintained?
SOURCE: Estate of Denial
Please log on to Estate of Denial for more articles on issues of Financial Elder Abuse or Involuntary Redistribution of Assets.
___________________________________________
Click for Updates, More Cases and Resources
Search Right Col/Labels for More Posts/Resources
No comments:
Post a Comment