Friday, May 1, 2009

Stealing from the dead and disabled/incapacitated - is becoming a lucrative business

Grave Robbing Affects More than Astor-nomical EstatesLou Ann Anderson
www.EstateofDenial.com

In life, Brooke Astor represented the best of New York high society exemplifying gracious living and philanthropic generosity.

That she, in her last years, would become an alleged victim of elder abuse was unimaginable. And in death, Brooke is still making headlines as Anthony Marshall, her only child, is on trial for looting his mother’s estate of nearly $200 million. As Marshall and codefendant attorney Francis X. Morrissey, also charged with stealing from the estate and of forging Brooke’s signature on an estate document, are on trial in a Manhattan courtroom, it is important to understand the implications of this case as similar grave robbing and property poaching acts are taking place across the U.S. Other targets are not celebrities, the estate values are far more modest, but Involuntary Redistribution of Assets (IRA) – the use of probate venues or probate instruments (wills, trusts, guardianships and powers of attorney) to steal from the dead and disabled/incapacitated - is becoming a lucrative business with Americans of all economic levels at risk.

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