Thursday, June 29, 2017
Judge Mark L. Tunnell, in a 212-page-long opinion, wrestles with the issue of the appropriateness of attorney, accountant, and executor fees. There are two sizable estates considered in the opinion. The Estate of Sir John Rupert Hunt Thouron had a value of $46 million. His son, John Julius Thouron, had an estate valued at $13 million. Regarding the son’s estate, Executor Charles Norris was surcharged $753,000. The firm of Lamb McErlane PC was ordered to disgorge $135,882. In the estate of Sir John Thouron, Executor Charles Norris was surcharged a total $5,672,999. Lamb McErlane was ordered to disgorge $4,351,310 in fees, and Norris and the Lamb firm were jointly surcharged $557,001.
See Patti S. Spencer, Thouron Estates - READ ALL ABOUT IT!, Spencer Law Firm, June 21, 2017.
Special thanks to Patti S. Spencer for bringing this article to my attention.