Latest news with #estate
Irish Times
6 days ago
- Business
- Irish Times
Aircraft leasing executive Paul Barton left €17.5m estate
Aircraft leasing executive Paul Barton left an estate valued at €17.5 million when he died last September, according to documents published by the Probate Office this week. Mr Barton, of Waltham Terrace, Blackrock, Co Dublin, was managing director of GE Capital Aviation Services , the world's largest commercial leasing and financing company by number of aircraft, before a €25 billion deal with rival AerCap saw the world's two biggest aviation leasing companies join forces in 2021. Mr Barton, who was a founding director of Avolon , another major aircraft leasing company, began his career with Tony Ryan's Guinness Peat Aviation in 1985. In other grants of probate published last week, Josephine Buckley, of Annakisha, Mallow, Co Cork, who died on March 17th, 2022, left an estate valued at €5.9 million. READ MORE Jeremiah Anthony Roynane, of Lavally, Mallow, Co Cork, left an estate valued at €4,281,419 when he died in November 2023. Julian Deale, of Monkstown Road, Dublin, left an estate valued at €2.212 million when he died on May 16th, 2024. [ Wills and spouses: Why you cannot just cut a wife out of your will Opens in new window ] Bridie Brady, of Mount Prospect Avenue, Clontarf, Dublin, left an estate valued at €2.185 million when she died on May 20th, 2024. Paul Kennedy, of Cartown House, Kildimo, Co Limerick, who died on November 2nd last, left an estate valued at €1.89 million. The figures mentioned here include all assets, which would typically include a home or farm and are not intended to represent cash in the bank.
The Drive
19-06-2025
- Automotive
- The Drive
This Georgia Estate Comes With Its Own Go-Kart Track for $11.5 Million
The latest car news, reviews, and features. Got gasoline in your veins and $12 million or so burning a hole in your pocket? If you want to roll up your sleeves and put in some work maintaining a Hampton, Georgia, horse farm with outbuildings aplenty, look no further. We've seen our share of fancy car-holes around here, but any time a property offers dedicated tarmac for horsepower-based shenanigans, we take notice. This time around, we've got a listing that is billed as a 357-acre private estate, but after browsing the listing photos, I'm left with the impression that it was maintained as a business retreat more so than a private residence. The abundant directional signage alone suggests that the property regularly hosted outsiders, and if you look at the east entrance on Google Street View, it still has signage for 'Longwate Farms.' Between the 20,000-square-foot log house (cleverly dubbed the Loghouse) and the finished space included in the various satellite buildings, the listing claims a total of 30,000 inhabitable square feet. The Loghouse goes hard on the modern log cabin aesthetic and boasts a massive attached carport. It also has five bedrooms, seven bathrooms, a massive custom kitchen, a 12-seat theater with 'rumble' seats, a gym, and a sauna. OK, so there's no built-in car wash, but the attached garage visible in photos can hold cars two deep, fitting six or more within its confines. And if parking is your priority, well, that's just the tip of the iceberg. Mosey on over to the go-kart track and you'll find another metal barn that could easily swallow a pretty hardcore car collection. If that's not enough, there are three more equipment sheds nearby to house the property's maintenance equipment, and they each have some room to spare. The track itself is essentially a skidpad with modular barriers, allowing the buyer to configure (or expand) the setup to their heart's content. Still not enough? There's always the Chickenhouse. The listing says this is set up to serve as a bunk house (with five additional bedrooms) and offers two enclosed vehicle bays and two open bays for RV storage. There are also multiple RV pads and hookup sites scattered all over the property, just in case you're less concerned with parking vehicles than living in one. Do you have loved ones who want nothing to do with your gearhead habits? Fear not, this spot's got you covered. Between the Smokehouse entertainment venue (with its own stage and seating for 24) and the horse barn, there's plenty of space for activities, and there's existing fenced space to let your four-legged friends run amok, whether you're talking about man's best friend or something of the equine persuasion. Got a tip? Send it in: tips@
Telegraph
19-06-2025
- Automotive
- Telegraph
Volvo V60 review: A welcome reminder of all that's good about the Swedish estates
Skip to: Pros and cons The interior Fuel efficiency The Telegraph verdict The facts at a glance The rivals For a trip to Leeds on a bank holiday weekend to meet my new niece, with mum, dad, two kids and a boot full of luggage plus several boxes of baby-related detritus on board, a Volvo estate would seem ideal. But Volvo itself wasn't so sure last year – it reckoned British buyers preferred SUVs, so it pulled the V60 from the market, along with the larger V90. The outcry was universal; the idea of a Volvo range without the estates upon which the company had built its reputation for safety and practicality was unthinkable. A tranche of owners swore they would rather buy another brand's estate than switch to a Volvo SUV. Volvo, to its credit, realised it had made a mistake. Not even a year later, it announced it was bringing back the V90 and V60 to Britain. An occasion worth celebrating? Pros Smooth, quiet and refined Beautiful interior Brilliant real-world fuel economy Cons Firm ride around town Not as big a boot as you might hope Not particularly engaging to drive Limited supply Well, don't get too excited just yet, because while the V60 and V90 are back, the ranges are somewhat limited. The V60 will be available with only two engine options: a 345bhp plug-in hybrid (PHEV) and a 194bhp mild hybrid. The V90 won't get the latter engine; it is PHEV only. The trip to Leeds was in the mild hybrid V60, the most affordable model in the newly streamlined range. These things are relative; it still starts at just shy of £44,000, which puts it directly in the line of fire of the BMW 3 Series and just below the spangly new Audi A5 Avant. However, you get more for your money than you do with either German rival. More power, for starters, given the 3 Series is 12bhp the poorer, while the most basic A5 has only 148bhp. You get better fuel economy, too; at almost 45mpg on the official combined cycle, the Volvo beats even the far less powerful Audi. There's more equipment into the bargain; a heated steering wheel, windscreen, front and rear seats. In addition, a powered tailgate and an electronically adjustable driver's seat with memory settings are standard on the entry-level V60, while the Ultra model tested has even more goodies. Oh, and imagine my joy upon opening the boot to find a proper spare wheel. It's a £150 optional extra, but at least it's available, which is more than can be said for most modern cars. Palatial surrounds By comparison with its rivals, then, the V60 seems good value, but that doesn't mean it feels cheap inside. Indeed, the V60 is largely unchanged from the model that last appeared in showrooms in 2023 and that's a good thing; the plethora of lovely, high-density plastics, the rock-solid build quality and chunky switchgear that moves with reassuring sturdiness are all retained. The standard leather seats in our car had been switched for sports seats upholstered in a thick cloth with Nappa leather inserts; a no-cost option on both Plus and pricier Ultra versions and one I'd recommend as it brings even more warmth to this delightful interior. Volvo's trademark portrait touchscreen once seemed pretty large, but the vast counterparts in most of its rivals now dwarf it, which means it can sometimes feel a little fiddly to operate. For all that, it responds quickly, and while you do have to resort to the screen for the climate controls, the fact there's an always-on touch bar along the bottom of the screen means you don't have to delve into the menus to make adjustments. Is it spacious? If you're familiar with Volvo estates of old, you might be disappointed. The back seats are more than adequate, but the Volkswagen Passat and Skoda Superb estates offer considerably more leg room. On the plus side, the wide, square door aperture means leaning in to buckle child seats is easier than in some more rakish rivals. In the boot, the story is the same: 519 litres isn't vast in the grand scheme of things; antiques dealers will probably choose the VW and Skoda, with their 690-litre load bays, in preference. Inner space Having said that, there's more load volume than in the Audi or the BMW, or for that matter the Mercedes-Benz C-Class estate. What's more, the space is square and useful, while Volvo's well-designed flip-up divider prevents smaller items flying around. The reason why people love Volvo estates soon becomes clear: even with its large wheels, this V60 melts the miles away. The ride quality at motorway speeds is gloriously unruffled. Wind and tyre noise are miniscule, while the seats do an excellent job of providing support in all the right places. The 2.0-litre engine with mild hybrid electrical assistance isn't actually that slow, but it feels it sometimes; there's a slight lack of get-up-and-go at lower revs, which together with the keening engine note further up the rev range means it never feels as quick as its power figures suggest. There's enough urge for everyday driving though. What's more, the gearbox shifts smoothly and the mild hybrid component is incredibly well integrated, so the engine cuts out seamlessly when coasting. On long downhill stretches, I found myself looking at the rev counter to see if it was running or not, otherwise I simply couldn't tell. Fuel for thought All that coasting really makes a difference to the fuel economy. On one leg, with the cruise control set to 70, the V60 was notching up an easy 46mpg. That was with the whole family on board, too – later in the week, solo, it was touching 50mpg on some stretches. Not bad for a near-200bhp petrol-engined estate. What's it like off the motorway? Well, the ride isn't quite as composed at urban speeds; unfortunately, the large wheels and slender tyre sidewalls get caught in potholes, which send a shudder through the car. It's not intolerable, but there are smoother-riding alternatives. As you might imagine, this Volvo isn't particularly captivating to hustle along a B-road, but that's not its purpose. There's not much feedback through the steering, which feels over-assisted. On the plus side, the nose changes direction curtly and there's very little in the way of body lean, so in an emergency it will look after you. As, indeed, it would have if the worst were to happen. With adult and child protection scores of 96 and 84 per cent respectively in crash tests, the V60 seems to live up to Volvo's reputation for safety. All of which simply added to my peace of mind on a lengthy family trip. The Telegraph verdict The reincarnated V60 still isn't as sporty or as posh as some of its rivals, but its blend of pragmatism, comfort and Scandinavian 'hygge' makes it a preferred option when you have a family to shift half way up the country and back again. Most of its rivals now are newer, shinier and spanglier. But as a family hauler with a touch of class, the V60 is still surprisingly hard to beat. Grab one before Volvo changes its mind again. Telegraph rating: Four stars out of five The facts On test: Volvo V60 B4 Ultra Body style: five-door estate On sale: now How much? £45,890 on the road (range from £43,940) How fast? 112mph, 0-62mph in 7.6sec How economical? 44.8mpg (WLTP Combined) Engine & gearbox: 1,969cc four-cylinder petrol engine, seven-speed dual-clutch automatic gearbox, front-wheel drive Electric powertrain: 48V integrated starter-generator motor with 0.45kWh battery Electric-only range: 0 miles Maximum power/torque: 194bhp/221lb ft CO2 emissions: 143g/km (WLTP Combined) VED: £540 first year, £620 next five years, then £195 Warranty: 3 years / 60,000 miles Spare wheel as standard: no (optional extra) The rivals BMW 320i M Sport 184bhp, 41.5mpg, £45,180 on the road For decades, the go-to choice for a mid-sized, sporty-ish family hauler with a premium badge. The 3 Series Touring still is, in many ways, although the ride in M Sport form is even firmer than the Volvo's. The boot is smaller and you get less for your money, yet the BMW delivers the sort of incisive handling of which the Volvo driver can only dream. Audi A5 1.5 TFSI 150 Sport Avant 148bhp, 41.7mpg, £45,285 on the road Audi's new A5 – think of it as a replacement for the A4, in yet another confusing naming decision – is a sharp-suited customer, with rakish lines that make the Volvo look like one of its bolt-upright ancestors. But of course the swish styling means space is at a premium, particularly in the boot – the Volvo is a more pragmatic, more comfortable, choice. Better value, too, with so much more power, better fuel economy and a plethora of extra equipment for only £500-odd more. Volkswagen Passat 2.0 TSI 204 R-Line 201bhp, 40.4mpg, £47,715 on the road The venerable Passat is still on sale, but the range is reduced to a rump, with no saloons or diesels; a smattering of petrol and plug-in hybrid models is the only choice. This top-flight model has all the bells and whistles and a potent petrol turbo engine that makes it surprisingly good fun; it's vast inside, while standard adaptive suspension makes it even more comfortable than the Volvo. But, despite all that space, the price is hard to justify, while the fuel economy is only middling as it's not a mild hybrid.
Yahoo
08-06-2025
- General
- Yahoo
‘I prepaid our mom's rent for a year': My sister is a millionaire and never helps our mother. How do I cut her out of her will?
I am mentioned in a will with one other sibling whom I haven't spoken to in 8 years. I know she is alive, but she has nothing to do with me or my family. I'd like to know what my rights are. I have worked for more than six months to get my elderly mother a place to live before her home was almost foreclosed on for back taxes. My new husband gave me a contract and told me to 'sign here' — but I refused. It was the best decision of my life. 'The situation is extreme': I'm 65 and leaving my estate to only one grandchild. Can the others contest my will? I help my elderly mother every day and drive her to appointments. Can I recoup my costs from her estate? 'He failed in his fiduciary duty': My brother liquidated our mother's 401(k) for her nursing home. He claimed the rest. My daughter's boyfriend, a guest in my home, offered to powerwash part of my house — then demanded money I've made six trips of more than eight hours to clean out the house — she was a hoarder — and spent $10,000 to get the house sold. My sister has done nothing to help our mother. I got her an apartment and prepaid our mom's rent for a year, so she wouldn't be homeless. My sister is in a much better financial position than I am, probably millionaire level. Are there legal ways to remove someone from a will? Daughter & Sister Related: 'My mother-in-law has done some shady stuff': She wants to sell air rights to her home and cheated her grandchildren out of their inheritance Your question seems to be about morality more than money. This sister, for reasons known only to her, has chosen to disconnect from the family. Your mother has little funds. Her house was or is in foreclosure. She needed $10,000 to help with selling costs and needed help paying her rent. Unless there are items of sentimental value or a life-insurance policy that you have not mentioned, it appears that you want your sister off the will, perhaps as payback for not being around to help. I'm not sure how that serves you or your mother. It seems like a pyrrhic victory. You have been around to help your mother, but rather than view it as a negative (the lack of input from your sister and time you have taken out of your own life) why not see it as a positive (you were able to be of service to your mother and spend time with her). Even if you were your mother's power of attorney and charged with handling her financial affairs, you would not have the legal right to remove your sister from your mother's will, assuming she is mentioned as a beneficiary. You could put your case and reasoning to your mother, but is this something she would want or need to deal with right now? She may be acutely aware that her other daughter is nowhere to be seen, and it probably causes her a great deal of hurt. Don't miss: 'It's the saddest thing': I'm happily retired and my friends in their 60s want to know how I did it. Should I tell them my secret? 'Unfortunately, even if you go that route, your child may decide to contest the will based on the assertion that you would never have taken that action of your own free will and that your estate plan is defective for some reason,' says Weinstein & Randisi, a Rochester, N.Y.-based law firm. 'They may or may not be successful, but it's bound to tie up your estate and prevent it from being settled for a while,' the law firm says. An 'in terrorem' or 'no contest' clause also means that, if someone contests the will, they are automatically disinherited. If your mother were to disinherit her adult daughter voluntarily, it would be best to mention her by name that she has been disinherited, leave them a token amount and/or include a 'no contest' clause — if they sue, they automatically forfeit the right to inherit. Children may be disinherited for several reasons, including if the parent is truly estranged from their child, if the child has suffered from addiction, and/or if the parent believes that one child has enough money, while the other child has no need for financial assistance. Don't miss: My sister made frequent withdrawals from the 'bank of Mom and Dad.' Now our family is torn apart. What can I do? I often receive letters from parents who are hurt and angry and who wish to disinherit their children (sometimes with good reason). It should be something that the parent raises without prompting. This woman said she had been estranged from her daughter for 20 years. 'She makes no contact, nor do I contact her, and I have not seen my grandchildren during all that time, nor my great-grandchildren,' she wrote. 'When I pass I intend to leave her and her immediate family with nothing.' Clearly, there was a lot of hurt and disappointment there. A study published in the Journal of Marriage and Family surveyed a nationally representative sample of more than 16,000 people and found that 6% of respondents reported an estrangement from their mothers, while 26% reported an estrangement from their fathers. After all that blood, sweat and tears, some parent-child relationships end up in a place of anger, resentment and silence. That is not the case with your mother, who has one good child — you — who has been there for her, and offered her time and money. But if your sister were included in the will, from the few details you gave in your letter about your mother's finances, you would only get a token amount. A healthier and happier option: Focus on the people who are in your life — your mother — rather than those who are not. Related: I bought a home with my elderly parents. They reneged on their promise to sell their house and repay me. What now? 'He was recently taken to the hospital': My elderly neighbor gave me power of attorney. Can his estranged daughter object? 'Punishing myself would not help': My credit card was stolen — the thief revealed lots of nasty surprises about my finances 'We've had our ups and downs': My late in-laws left their estate to me, my husband and our son. Do we need to hire an attorney? 'I'm not wildly wealthy, but I've done well': I'm 79 and have $3 million in assets. Should I set up 529 plans for my grandkids? The S&P 500 closes at 6,000 as bulls aim for return to record territory How do I make sure my son-in-law doesn't get his hands on my daughter's inheritance? Circle's stock is having another big day. What the blockbuster IPO has meant for other cryptocurrency plays. What's at stake if world's most powerful market finally buckles after decades-long U.S. debt splurge Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fox News
06-06-2025
- Business
- Fox News
Jimmy Buffett's $275M estate becomes center of heated inheritance dispute
The fight over Jimmy Buffett's estate has sparked a massive legal battle. His widow has filed a petition to have co-trustee Richard Mozenter, who manages the late musician's estate, removed for failing to act in her "best interests" with the marital trust that was "created for her benefit." Jane Buffett, who married the singer in 1977, made the legal filing in Los Angeles Superior Court on Tuesday, alleging that Mozenter, also a co-trustee of the marital trust set up for her, has been "openly hostile and adversarial" toward her and worked against her, according to the legal filing obtained by Fox News Digital. "Mr. Mozenter has failed to perform even the most basic tasks required of him in his role as co-trustee, including providing Mrs. Buffett with information concerning Trust assets and finances, which has left Mrs. Buffett in the dark with regard to the state of her own finances," the filing said. "Along the way, Mr. Mozenter has belittled, disrespected, and condescended to Mrs. Buffett in response to her reasonable requests for information she undoubtedly was entitled to receive. As a result, the majority of Mrs. Buffett's net worth is controlled by someone she does not trust, and to whom the Trust for her benefit must pay enormous fees—more than $1.7 million in 2024 to him and his firm—no matter how badly he treats her." Mozenter has filed his own petition in Florida to have her removed as co-trustee and representative of the estate, according to The Hollywood Reporter. Fox News Digital has reached out to Mozenter for comment. Jimmy Buffett died in 2023 following a battle with cancer, leaving a $275 million estate. Jane's filing claims that one month after the musician's death, she reached out to Mozenter to find out how much she would be expected to receive from the trust going forward. "Rather than help his recently-widowed client understand her finances, Mr. Mozenter spent the next 16 months stonewalling and making excuses for why he could not yet provide the requested information," the filing said. In February, Mozenter finally gave Jane an estimate that the marital trust would generate less than $2 million in net income annually, a rate of return of less than 1%, according to the filing. Mozenter "acknowledged that, over the prior 18 months, Margaritaville—a company of which the Trust owns roughly 20%—had paid distributions of approximately $14 million, but he decided against including any estimate of future distributions from Margaritaville in his analysis of the Marital Trust's future income." The filing stated that Mozenter told Jane that Margaritaville "continues to evaluate future business opportunities and how they deploy existing liquid assets." He told her, based on that analysis, that the trust would not cover her annual expenses, saying she could consider making "adjustments" or selling her own real estate to make up the difference, the filing claims. "If the Marital Trust truly earns such a low return consistent with the financials Mr. Mozenter presented, it will confirm that Mr. Mozenter is either not competent to administer the Trust or unwilling to act in Mrs. Buffett's best interests," Jane's filing claimed. Buffett landed on the Forbes billionaires list for the first time in 2023 for an empire that, along with his music, included his "Margaritaville" island escapism brand sparked by his hit 1977 song. As chair of Margarita Holdings LLC — in which Buffett held a 28% stake — he had resorts, restaurants, casinos, cruises and merchandise. Following their marriage in 1977, Buffett and Jane welcomed three children together, including Savannah, 46, Delaney, 33, and Cameron, who was born in 1994 and adopted by Buffett and Jane.
