Jimmy Buffetts widow accuses financial adviser of breaching fiduciary duty in $275M trust battle
Fort Lauderdale, Fla. (AP) – Jimmy Buffett ‘S Widow accused the late husband of his financial advisor of not governing the singer’s multimilyon -dollar confidence in good faith and ignoring what he believed to have the best interest in the $ 275 million property.
On Monday, Jane Buffett asked a judge in Florida, West Palm Beach to prevent Richard Mozenter from trying to remove him as a trustee, and instead of the court newspapers, he sought to remove the control of the property.
Jimmy Buffett, Who is popular beach punk soft rock And he created the Empire of Restaurant and Holiday Villages, died at the age of 76 in September 2023.
The widow’s wife and Mozenter have been involved in a war that controlled confidence since then, and each of them blamed the wrong funds in both California and Florida.
The dispute is similar to another person who continues with the property of another popular singer, Tony Bennett. Two of the daughters of the late Crooner filed a lawsuit for his brothers to address family trust.
In his application on Monday, Jane Buffett accuses Mozenter of violating his mission -based trust -based duty by not being able to provide basic information about the assets and investments of trust while receiving Mozenter as “unreasonable wages and costs in the context of the services provided”.
On May 30, Jane Buffett’s lawyers made a copy of a petition they planned to file at the Los Angeles Supreme Court if they did not resign as Cotrustee until June 2.
Mozenter’s advisor filed a petition at West Palm Beach on June 2, and searched for the removal of Buffett as Cotrustee. Jane Buffett’s complaint was opened on June 3 in Los Angeles, where Mozenter was General Manager of Gelfand, Rennert and Feldman LLC.
The complaint said, “Especially, Mr. Mozenter, Mrs. Buffett’s resignation, as a common trustee to ask for a lawsuit to ask for a lawsuit (and other) retaliation, brought unquestioned action,” he said.
In his case, Mozenter claimed that Jimmy Buffett had trusted as a committee of Mozenter as a committee of trustees, because his wife’s ability to manage and control their existence ”.
The complaint filed in Florida on Monday said that the relationship between Jane Buffett and Mozenter was “unacceptable ve and asked the judge to remove Mozenter as Cotrustee.
Lawyer Matt Porpora, “Jane, this conflict in two separate courts in two separate courts, will not get into the hands of Mr. Mozenter, which will evacuate the money left by Jimmy specially for the care of Jimmy,” he said.
“Instead, Jane, Jane, Janmy and Jimmy’nin Florida brings to Florida’ya. Jane, the allegations will be dominated by not considering where they are heard and the decision to move from California to Florida, shows that the only common asset to protect the assets of confidence,” he said.
Mozenter did not respond immediately to an e -mail looking for comments.
