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King Ranch Case Almost Ready for Jury

King_ranchThe battle over the estate B.K. Johnson, one of the heirs to the famous King Ranch in Texas, is about to go to the jury after a three month trial.

Here is a brief outline of this outrageous case from Michelle Roberts, King Ranch heir’s will leads to king-sized family fight, Houston Chronicle, July 2, 2007:

  • B.K. died in 2001 while married to his third wife.
  • The trial regarding B.K.’s capacity to execute his will and whether he was subject to undue influence has gone on for three months.  Closing arguments started on July 2, 2007.
  • During his lifetime, B.K. drafted over 20 different wills.
  • B.K. established inter vivos trusts for his children and grandchildren.
  • Under his alleged last will, the rest of his estate ($40-$60 million) would pass into a trust for his wife and upon her death, one-half would pass to charity and the other half to the wife’s children or to charity as directed by his wife.
  • B.K.’s children claim that although they have trusts for their benefit, their father would not have excluded them from his will.
  • B.K.’s children claim B.K. drank so much liquor that he could be easily manipulated.
  • B.K.’s children claim his wife orchestrated B.K.’s investments and estate plan for her benefit.
  • The attorney for the executor of B.K.’s estate asserts that he was a functional alcoholic and that he omitted his children from his will because he had already provided for them with multi-million dollar trusts.

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