March 12, 2013
Judge Approves Thibeault Settlement Agreement
As I have previously discussed, the heirs of Thibeault came to a settlement agreement before the court could hear whether their allegations against the former executor of the estate were determined to be true. All that was left was the judge's approval. On March 11, 2013, "Judge Peter Rosinski signed an order accepting Kelly's accounting of the estate and discharging Kelly of all further responsibilities."
The terms of the settlement agreement that was reached are confidential. While the terms of the settlement agreement are confidential we can assume that Kelly will likely be forced to pay more into the estate than he has already paid back. Unfortunately, it hard to see that justice has been done for the heirs of Thibeault's estate. After all, the heirs were delayed in receiving their inheritances for eights years. Two heirs have passed away during the estate dispute and will never receive their share. The others might have been able to make better use of their inheritance eight years ago.
See Tim Bousquet, Judge Approves Settlement Between Thibeault Heirs and Peter Kelly, The Coast, Mar. 11, 2013.
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