Wills, Trusts & Estates Prof Blog

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

Thursday, January 17, 2008

Steve Fossett Update

FossettEarlier on this blog, I discussed Steve Fossett’s disappearance and his wife’s petition to declare him legally dead.

The following update is from Michael Higgins, Judge says testimony is needed to find Steve Fossett legally dead, Chicago Tribune, Jan. 16, 2008:

A Cook County judge wants to hear testimony about the disappearance of Steve Fossett before he decides whether to find the wealthy Chicago adventurer legally dead.

Probate Judge Jeffrey Malak said Fossett's wife, Peggy, had good reason to believe her husband died when his plane disappeared over the Nevada desert in September.

But because Fossett has been missing for less than seven years, testimony—and not just paperwork filed in court—is needed to show he isn't still alive, the judge said.

"I'm not looking for that much," Malak told lawyers for Peggy Fossett. "But I need something to overcome the presumption of life." * * *

Fossett's estate is "vast, surpassing eight figures," Peggy Fossett's lawyers have said in court documents. They want Fossett declared dead so his assets can be distributed according to his will.

If Mr. Fossett is declared dead, it will be very interesting to see the terms of his will.

https://lawprofessors.typepad.com/trusts_estates_prof/2008/01/steve-fossett-u.html

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Comments

I drafted a comment. It apparently disappeared so my profile was posted without it. How can it be retrieved? I have a printout in files.

Seems any e-mails about Steve Fossett possibly being alive never get sent - my experience. And we worry about aliens from outer space?

Posted by: S. Kellogg | Mar 22, 2008 7:13:19 PM

Good Information

Posted by: Pamela | May 10, 2008 9:49:28 AM

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