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Sunday, February 10, 2008

Heirs of Dallas oilman H.L. Hunt get into the kind of ridiculous dispute that only the obscenely rich get to experience

The saga of the family struggles to divide the fortune of eccentric oilman H.L. Hunt is as irritating as it is fascinating. His eldest daughter, Margaret Hunt Hill, who lived frugally, died last year, and now her heirs are going crazy with lawsuits and self-serving crusades. At one point, her grandson Al Hill III rejected a suggestion by a family accountant to limit his spending to $45K per month. He's been cut off from most of his inheritance, and the litigation will probably stretch out for years and cost millions of dollars in legal fees. Do lawyer fees count as contributing to the economy? Because otherwise this is a big, ugly waste.

Posted by T.G.



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chretienne, says:

Yes, legal fees count as contributing to the economy! And we legal assistants just love to snicker at stuff like this, so it's good for our overall happiness, too.

Anonymous

1 year, 10 months ago
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