Wills, Trusts & Estates Prof Blog

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

Monday, December 10, 2007

Will wife get her husband’s estate notwithstanding his will?

TobiasSeth Tobias, a wealthy investment manager, was found floating face down in his pool, dead; his wife is now accused of murder.

Andrew Ross Sorkin, A Lurid Aftermath to a Hedge Fund Manager’s Life, NYTimes.com, Dec. 4, 2007, reports:

Mr. Tobias, who was 44 years old, had apparently suffered a heart attack[.]*** The police did not consider his death suspicious.

But now an unfolding drama over Mr. Tobias’s estate is providing a lurid account of fast money and faster living in the volatile world of hedge funds. Mr. Tobias’s four brothers and Mrs. Tobias are locked in a legal battle over the estate, which is worth at least $25 million. And, in a civil complaint, they have gone so far as to accuse her of murder.***

At the center of the dispute is Mr. Tobias’s will, which designates his brothers as beneficiaries but does not name Mrs. Tobias.***

Special thanks to Joel Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.


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