- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
0
Posted on 1/22/15 at 8:31 pm to arseinclarse
Unless this trust is in Texas, how the hell does this judge have jurisdiction.
Posted on 1/22/15 at 8:32 pm to WeeWee
I the judge signed off on it, there must something to it. Otherwise, he would have dismissed it as frivolous.
Posted on 1/22/15 at 8:36 pm to MrLSU
Bingo - If the allegations are half correct, Gayle looks like a low life con artist.
More than one side to a story. Enjoy how this one develops as it will be juicy.
More than one side to a story. Enjoy how this one develops as it will be juicy.
Posted on 1/22/15 at 9:35 pm to udtiger
It's over a trust and/or his bank in Texas. They reference it in the CDC petition.
Posted on 1/22/15 at 9:50 pm to tigerpawl
quote:
the judge signed off on it, there must something to it. Otherwise, he would have dismissed it as frivolous.
Posted on 1/22/15 at 10:38 pm to arseinclarse
This has Buss family written all over it.
Posted on 1/23/15 at 3:40 pm to VOR
quote:
Interesting and predictable they filed by in Texas and dealt only with Texas assets. They would likely have been thrown out on their asses in Louisiana.
It is because the trust is held in Texas. If you read the court filing, his first wife's trust was formed and is managed in Texas. That is also where a large portion of real estate and business holdings are managed. Of course Louisiana would throw out this exact case as frivolous because Louisiana would have no legal standing to hold any judgement.
What it means for us, in the judge making this ruling, is that the family filed a similar suit in Texas in regards to the businesses and money in that state.
Posted on 1/23/15 at 4:00 pm to TigerBait1127
quote:
the judge signed off on it, there must something to it. Otherwise, he would have dismissed it as frivolous.
Sure...haha
Posted on 1/23/15 at 4:02 pm to MrLSU
quote:
but the truth of the matter is that Tom Benson has been mentally incapacitated for at least 6 months now
are you a medical professional or know Tom? I mean this sounds factual.
Posted on 1/24/15 at 9:25 pm to VOR
quote:
Interesting and predictable they filed by in Texas and dealt only with Texas assets.
They would likely have been thrown out on their asses in Louisiana.
Used to work for APS in Texas and I can tell you judges have very wide ranging powers in these cases here. But this is standard. Don't know how judges are in Bexar but IME these probate judges aren't dumb. They know a hustle when they see it.
Posted on 1/25/15 at 12:06 am to Jake88
If I've read everything correctly, he can't "cut them off" completely. He's already given them most of their inheritance in an irrevocable trust. He can take back the teams if he replaces them in the trust with equal comoensation. He doesn't have that equal compensation so I don't understand what the issue is.
If a smart businessman like Benson has made some of the recent financial decisions as described in the suit, it's not unbelievable that he's mentally incapacitated to a degree that he should no longer be able to make decisions with such a huge impact on his own interests and on others. It's quite possible that neither the family nor Gayle are trying to "screw" anyone and Benson is just mentally impaired.
If a smart businessman like Benson has made some of the recent financial decisions as described in the suit, it's not unbelievable that he's mentally incapacitated to a degree that he should no longer be able to make decisions with such a huge impact on his own interests and on others. It's quite possible that neither the family nor Gayle are trying to "screw" anyone and Benson is just mentally impaired.
This post was edited on 1/25/15 at 12:10 am
Posted on 1/25/15 at 7:55 am to MrLSU
I've only met the grandson out of the bunch, but if they do a mental capacity examination on him, the court will insist he not be handed a pile of money.
Posted on 1/25/15 at 8:14 am to wbeagle03
quote:
It is because the trust is held in Texas. If you read the court filing, his first wife's trust was formed and is managed in Texas. That is also where a large portion of real estate and business holdings are managed. Of course Louisiana would throw out this exact case as frivolous because Louisiana would have no legal standing to hold any judgement.
What it means for us, in the judge making this ruling, is that the family filed a similar suit in Texas in regards to the businesses and money in that state.
Pretty much. The Texas action is dealing with Texas assets as far as I can tell. And a temporary freeze in no way means the plaintiffs in Texas will prevail on the merits. It simply means the court is maintaining the status quo pending a hearing.
Posted on 1/25/15 at 10:50 am to VOR
That's correct
Posted on 1/25/15 at 6:02 pm to TigerBait1127
quote:
use the trust is held in Texas. If you read the court filing, his first wife's trust was formed and is managed in Texas. That is also where a large portion of real estate and business holdings are managed
This
Why TX ? No Inheritance Tax & no Income Tax fwiw
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News