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Judges orders Renee Benson trustee of an estate

this is a discussion within the Saints Community Forum; Judges orders Tom Bensonís daughter trustee of an estate By - Associated Press - Friday, February 19, 2016 SAN ANTONIO (AP) - A Texas judge on Friday ordered the replacement of Tom Benson, owner of the New Orleans Saints and ...

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Old 02-21-2016, 07:03 AM   #1
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Judges orders Renee Benson trustee of an estate

Judges orders Tom Bensonís daughter trustee of an estate

By - Associated Press - Friday, February 19, 2016

SAN ANTONIO (AP) - A Texas judge on Friday ordered the replacement of Tom Benson, owner of the New Orleans Saints and Pelicans, by his estranged daughter as trustee of a Benson family estate trust worth almost $1 billion.

Bexar County Probate Judge Tom Rickhoff ruled that Bensonís estranged daughter, Renee Benson, control the 1980 Shirley Benson Testamentary Trust, the San Antonio Express-News (Tom Benson ) reported. The trust was created in 1980 upon the death of Shirley Benson to oversee the assets of Tom Bensonís late first wife and Renee Bensonís mother.

Renee Benson and her two children sued her father in January 2015, challenging the 88-year-old San Antonio businessmanís competency to take control of the estate away from her. She argued he was being manipulated by his present wife Gayle Benson.

The trust assets include Lone Star Capital Bank in San Antonio, about half interest in Tom Bensonís five auto dealerships, a stake in the large Benson ranch near Johnson City, a multimillion-dollar Lake Tahoe home, a private plane, cash and other real estate. Tom Benson has asked the judge to protect employees of the auto dealerships bound up in the trust pending ďreorganization.Ē

Although Phil Hardberger, former San Antonio mayor and court-appointed receiver of the trust until last week, had estimated its value as nearly $1 billion. However, Renee Benson contends the value is about $200 million.

The decision does not affect Tom Bensonís ownership of the NFL Saints and NBA Pelicans, which is bound up in another trust that is at the center of a similar court fight in Louisiana.


Judges orders Tom Benson's daughter trustee of an estate - Washington Times

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Old 02-21-2016, 07:04 AM   #2
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Re: Judges orders Renee Benson trustee of an estate

Tom Benson’s daughter wrestles control of $1 billion trust in settlement

Tom Benson
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Old 02-21-2016, 09:04 AM   #3
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Re: Judges orders Renee Benson trustee of an estate

Saints are still in New Orleans, okay so let me know when I'm suppose to give a rat's ass about these spoiled brats suing Mr Benson
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Old 02-23-2016, 08:49 PM   #4
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Re: Judges orders Renee Benson trustee of an estate

Originally Posted by RaginCajun83 View Post
Saints are still in New Orleans, okay so let me know when I'm suppose to give a rat's ass about these spoiled brats suing Mr Benson
When Benson dies. The day he dies she will move this team to San Antonio. 100 bucks said she has already made some plans behind the scenes and the judge knows it.
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Old 02-23-2016, 10:25 PM   #5
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Re: Judges orders Renee Benson trustee of an estate

This ruling has nothing to do with his ownership of the Saints or Pelicans
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