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

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Thursday, September 4, 2014

Local Politician Leaves Detailed Will, Deteriorating Estate

WillSteve Flood, who died three years ago, left a legacy of fighting corruption and uncovering political scandal as former Luzerne County controller in Pennsylvania. When Flood died at age 67 he had a detailed will in place that left generous gifts to close friends and academic institutions. Flood’s will also specified that any items in his estate linked to Adolf Hitler and his American medals could not ever be sold, but could be made available to the public by lending them to museums.  Despite the detail Flood included in his will, his executors are facing challenges in settling his estate due to unexpected financial pitfalls that affected Flood after he wrote his will, such as the recession negatively affecting his investments and a stroke that left him unable to work.

See Jennifer Learn-Andes, Steve Flood’s Estate is a Tangled Web, Times Leader, Aug. 30, 2014.

http://lawprofessors.typepad.com/trusts_estates_prof/2014/09/local-politician-leaves-detailed-will-deteriorating-estate.html

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