Wills, Trusts & Estates Prof Blog

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

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Sunday, October 28, 2012

The Derzon Coin Store Re-opened

Estate DisputeAs I previously discussed, a large amount of gold jewelry was found in trash bags outside the Derzon Coin store. This discovery was the beginning of another interesting chapter in the estate dispute over the estate of owner Rebecca Derzon. Now, sources report that the store Derzon Coins has re-opened its doors. The store re-opened its doors after the bitter estate dispute closed it for two months. The two brothers, Alan Derzon and Paul Johnson, re-opened the store after they were victorious in their fight over control of the estate. The amount in dispute was $3 million.

I have also previously discussed how Rebecca Derzon reportedly changed her will between the death of her husband and her death. The new will wrote out both of Rebecca's sons and gave most of the store to her half-sister and a long-time store employee. A judge recently voided the re-written will on the basis that the half-sister improperly influenced Rebecca. The judge also re-instated the original will that gave the inheritance to her sons.

See Cary Spivack, Derzon Coins Reopens, JSOnline, Oct. 22, 2012.

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

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