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

Tom Benson's will names Gayle Benson as sole beneficiary

this is a discussion within the Saints Community Forum; Former New Orleans Saints and Pelicans owner Tom Benson's last will and testament indicates he wanted his wife, Gayle Benson, as sole beneficiary and that he left no inheritance to his daughter, Renee Benson, or grandchildren, Rita and Ryan LeBlanc. ...

Like Tree2Likes
  • 1 Post By QBREES9
  • 1 Post By lee909

Reply
 
LinkBack Thread Tools Display Modes
Old 03-17-2018, 07:31 PM   #1
Threaded by SmashMouth
Join Date: Sep 2007
Location: The Woodlands
Posts: 27,373

Blog Entries: 29
Show Printable Version Email this Page
Rating: (0 votes - average)

Former New Orleans Saints and Pelicans owner Tom Benson's last will and testament indicates he wanted his wife, Gayle Benson, as sole beneficiary and that he left no inheritance to his daughter, Renee Benson, or grandchildren, Rita and Ryan LeBlanc.

The will, filed in New Orleans civil court Friday (March 16) and posted in its entirety by WVUE Fox 8 News on Saturday, leaves all of Benson's property to a trust the billionaire established the same day he signed the will in July 2015.

The rules for that 2015 trust were not listed in the will filed in court. But the will says if that original trust is no longer in existence at Benson's death, his entire fortune goes to a separate trust run by Gayle Benson and Dennis Lauscha, president of the pro sports franchises, who is also named as executor of Benson's estate.

"I specifically provide that Renee Benson, Rita LeBlanc, Ryan LeBlanc and all of their descendants shall have no interest in my succession whatsoever, and no legacy or other inheritance or benefit of any kind shall be paid to any of them under this will or otherwise," says the will, signed by Tom Benson and witnessed by Archbishop Gregory Aymond and two attorneys.



Benson signed his will July 27, 2015, a little more than one month after Orleans Civil District Judge Kern Reese ruled him competent in a legal battle with his daughter and grandchildren, who had argued he was experiencing mental decline and was being unduly influenced by his wife and an inner circle of Saints and Pelicans executives.




The legal fight began after Tom Benson announced he was severing ties with his daughter and two grandchildren. It remains unclear whether they now intent to challenge his will.

Benson, who died at 90 on Thursday after a weeks-long battle with the flu, made arrangements before his death to ensure Gayle Benson, his third wife, would take ownership of the Saints and Pelicans. The NFL and NBA both approved the ownership transfer.

The will also included contingency plans that would have given significant power to Saints General Manager Mickey Loomis and Senior Vice President of Communications Greg Bensel, though those plans were not necessary at the time of Benson's death.

read more on NOLA

Attached Thumbnails
Click image for larger version

Name:	b93_nos0728127472377.JPG
Views:	0
Size:	73.6 KB
ID:	12445  

Views: 745
Reply With Quote
Old 03-17-2018, 09:08 PM   #2
Site Donor 2018
 
Join Date: Jul 2011
Posts: 6,520
Re: Tom Benson's will names Gayle Benson as sole beneficiary

Dude Loomis ain’t going nowhere. For better or for worse it looks like we are stuck with him.
The Dude is offline   Reply With Quote
Old 03-17-2018, 09:28 PM   #3
5000 POSTS! +
 
Join Date: Sep 2007
Location: Bossier City, LA
Posts: 7,585
Re: Tom Benson's will names Gayle Benson as sole beneficiary

Originally Posted by The Dude View Post
Dude Loomis ainít going nowhere. For better or for worse it looks like we are stuck with him.
Gayle loves both Payton and Loomis. Going no where. But, I am thrilled that we will be stuck with Loomis. He is the best cap manipulator in the NFL. Nobody is even close. He has dealt with many earlier bad personnel acquisitions (by others) and still kept the franchise competitive.
AsylumGuido is offline   Reply With Quote
Old 03-19-2018, 12:30 AM   #4
Moderator
 
Join Date: Sep 2007
Location: New Haven Ct
Posts: 23,713
Re: Tom Benson's will names Gayle Benson as sole beneficiary

Damn, "I specifically provide that Renee Benson, Rita LeBlanc, Ryan LeBlanc and all of their descendants shall have no interest in my succession whatsoever, and no legacy or other inheritance or benefit of any kind shall be paid to any of them under this will or otherwise," says the will, signed by Tom Benson and witnessed by Archbishop Gregory Aymond and two attorneys.
OldMaid likes this.
QBREES9 is offline   Reply With Quote
Old 03-19-2018, 01:33 AM   #5
Site Donor 2015
 
Join Date: Mar 2012
Location: Watford England
Posts: 7,531
Blog Entries: 1
Re: Tom Benson's will names Gayle Benson as sole beneficiary

I do notbeven understand how you can legal challenge a will. If a man is in a sound frame of mind and cuts you off. Well you should not have been a ahole and its his money to do with what he wishes. I'd rather leave any of my money to a dog than some people
OldMaid likes this.
lee909 is offline   Reply With Quote
Old 03-19-2018, 04:46 AM   #6
Site Donor 2014
 
Join Date: Feb 2010
Posts: 2,421
Blog Entries: 1
Re: Tom Benson's will names Gayle Benson as sole beneficiary

Dumb. Most stupid play. R, R, and R. Dumb. It was all theirs . No. They overplayed their hand. Jumped the gun. GREEDY. They wanted it, which was theirs for the taking, before he died. To have had him be mentally evaluated in front of his businesses, his peers, his city, and all was very low.
A lesson is here for those who have it all and get greedy too early.
I am sure they all will challenge the will, trusts, etc. They will lose that challenge.
I wonder how and if he left anything for the other grandchildren.
Why didn’t he leave for R and her family the ole legal $1.00. One ☝️ dollar.
R the daughter and her family are not without lots of money. The daughter , Renee, still has that trust fund from her mother.
Oh well.
OldMaid is offline   Reply With Quote
Old 03-20-2018, 03:52 PM   #7
Bounty Money $$$
 
Join Date: Oct 2008
Location: 5800 Airline Dr. Metairie, LA.
Posts: 17,151
Re: Tom Benson's will names Gayle Benson as sole beneficiary

Originally Posted by AsylumGuido View Post
Gayle loves both Payton and Loomis. Going no where. But, I am thrilled that we will be stuck with Loomis. He is the best cap manipulator in the NFL. Nobody is even close. He has dealt with many earlier bad personnel acquisitions (by others) and still kept the franchise competitive.

Maybe Loomis will let Jeff Ireland be the GM now.......he's been doing it since he arrived and turned our organization around.
Rugby Saint II is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules

LinkBacks (?)
LinkBack to this Thread: http://blackandgold.com/saints/87860-tom-bensons-will-names-gayle-benson-sole-beneficiary.html
Posted By For Type Date Hits
Tom Benson's will names Gayle Benson as sole beneficiary This thread Refback 03-17-2018 08:04 PM 1
The Latest NFL News | SportSpyder This thread Refback 03-17-2018 07:39 PM 1


All times are GMT -5. The time now is 11:19 PM.


Copyright 1997 - 2018 - BlackandGold.com
no new posts