Go Back   New Orleans Saints - blackandgold.com > Main > Saints

Saints owner Tom Benson asks to resign as overseer of daughter's trust in Texas, wants independent trustee appointed

this is a discussion within the Saints Community Forum; Saints owner Tom Benson asks to resign as overseer of daughter's trust in Texas, wants independent trustee appointed Saints and Pelicans owner Tom Benson said Monday he is willing to resign as steward of a Texas trust benefiting his daughter, ...

Like Tree2Likes
  • 1 Post By The Dude
  • 1 Post By hagan714

Closed Thread
 
LinkBack Thread Tools Display Modes
Old 12-15-2015, 04:18 PM   #1
Threaded by hagan714
LB Mentallity
Join Date: Dec 2005
Posts: 13,962

Blog Entries: 52
Show Printable Version Email this Page
Rating: (0 votes - average)

Saints owner Tom Benson asks to resign as overseer of daughter's trust in Texas, wants independent trustee appointed



Saints and Pelicans owner Tom Benson said Monday he is willing to resign as steward of a Texas trust benefiting his daughter, who earlier this year sued to have him removed from that capacity.


While the trustís bylaws state that Bensonís daughter Renee is to inherit control of the fund if her father steps down, Benson said in a Bexar County, Texas, Probate Court filing that his resignation would not go into effect unless a judge appoints an independent party to oversee the trust.


It was unknown Monday whether a judge would accept Bensonís proposal, which is an effort to wrap up one front of a multipronged legal dispute pitting him against members of his family.


In the filing Monday, Bensonís attorneys said an impartial steward for the trust is necessary in view of the broader dispute between the billionaire and his relatives over his mental health and the future of his business empire.
Bensonís filing expressed disappointment at what he calls his daughterís ďingratitudeĒ over tens of millions of dollars he has loaned to the trust, some of which was used to purchase expensive homes and ranch land for Renee and her children.


Saints owner Tom Benson asks to resign as overseer of daughter's trust in Texas, wants independent trustee appointed | The Advocate — Baton Rouge, Louisiana


well let the SP rumors start up all over again
Views: 743
Old 12-15-2015, 08:10 PM   #2
Moderator
 
Join Date: Sep 2007
Location: New Haven Ct
Posts: 22,413
Re: Saints owner Tom Benson asks to resign as overseer of daughter's trust in Texas, wants independent trustee appointed

Rich people's problems.
QBREES9 is offline  
Old 12-15-2015, 09:36 PM   #3
Site Donor 2016
 
Join Date: Jul 2011
Posts: 4,521
Re: Saints owner Tom Benson asks to resign as overseer of daughter's trust in Texas, wants independent trustee appointed

It will be our problem when we have to try and lure another football franchise here.
hagan714 likes this.
The Dude is offline  
Old 12-16-2015, 05:07 AM   #4
LB Mentallity
 
Join Date: Dec 2005
Posts: 13,962
Blog Entries: 52
Re: Saints owner Tom Benson asks to resign as overseer of daughter's trust in Texas, wants independent trustee appointed

never rest easy when ownership is in flux. never
exiled likes this.
hagan714 is offline  
Closed Thread

Thread Tools
Display Modes

Posting Rules

LinkBacks (?)
LinkBack to this Thread: http://blackandgold.com/saints/75811-saints-owner-tom-benson-asks-resign-overseer-daughters-trust-texas-wants-independent.html
Posted By For Type Date Hits
The Latest New Orleans Saints News | SportSpyder This thread Refback 12-15-2015 11:32 PM 1


All times are GMT -5. The time now is 05:47 PM.


Copyright 1997 - 2014 - BlackandGold.com
no new posts