Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

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Saturday, September 29, 2012

More on the Brooke Astor Estate Auction

Brooke AstorAs I have previously discussed, Brooke Astor's Estate recently held an auction and earned quite a bit of money on a few of the items it has already auctioned. At the end of the auction, the estate earned about $18.8 million to donate to the charities of Ms. Astor's choice. This is good news for the estate because her property earned twice what the estate expected to earn. With the end of the auction comes the end of the administration of the late-socialites estate. So ends the sad story of the administration of Brooke Astor's estate. 

See The Reliable Source, In Other News...: Brooke Astor Estate Auctioned for $18.8 Million, Washington Post, Sept. 26, 2012. 

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.

http://lawprofessors.typepad.com/trusts_estates_prof/2012/09/more-on-the-brooke-astor-estate-auction.html

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