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Academic

: The Faculty Lounge

Seward Johnson

By propertyprof

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Ah, it's that time of the semester again when we talk about Nina Zagat and Seward Johnson in trusts and estates.  This is core law of People Magazine material.  And you know what?  People ran a long story about the challenge by Seward Johnson's children to his will back in 1986.  How's this for a title of a story, "The Band-Aid Heir Left All He Owned to His Widow, but His Children Claim It Was Just Seward's Folly"?  Very funny.  The conclusion's the best part of the article:

"It all boils down to greed," says a spectator in Courtroom 503. Observes another: "You couldn't spend these people's money in three lifetimes. Of course," she adds, "if it wasn't for all this money, it wouldn't be as fascinating."

That's what makes trusts and estates great!

Full post as published by The Faculty Lounge on February 01, 2009 (boomark / email).

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