Rich NYC Art Dealer Leaves Entire Estate To A Deli Employee

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WhatInThe

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A rich and known art dealer in NYC passed away and left entire estate to a deli employee from a deli he bought/owned years earlier. Of course other family/heirs aren't too thrilled. But apparently this employee wound up being his caretaker in his final years. Family commenting from the UK says 'family' got nervous when he bought the deli in 2016 and apparently the will was changed since then.

https://www.dailymail.co.uk/news/ar...illion-dollar-fortune-Queens-deli-worker.html

Well if a stranger is by my side in my final days/years what ever they would definitely be included or added to my will. Funny how this guy died in NY yet family is complaining from another country.
 

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Where there is a will, there is an awfully impatient relative. :)

My attitude toward inheriting anything is that it isn't mine to begin with. I didn't earn it. Therefore, it is up to the person who did, to decide where it should go. Fighting over what someone leaves behind has always seemed rather weird and gruesome to me.

Tony
 

RiverM55 said:
They're just upset because it's less money for their wallets. Seems like when a loved one dies the family is more upset about the estate issues than they are about the loss of the loved one.
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I've seen and experienced it with far less money involved as well. Funny how all financial decisions made in our latter years are questioned yet made with some of the clearest understanding in life from experienced and having learned how things AND people work.

What's depressing and infruiating is that there are people that are actually waiting for family to pass. They don't want to knock them off but could give two poops when they do pass.
 
WhatInThe said:
I've seen and experienced it with far less money involved as well. Funny how all financial decisions made in our latter years are questioned yet made with some of the clearest understanding in life from experienced and having learned how things AND people work.

What's depressing and infruiating is that there are people that are actually waiting for family to pass. They don't want to knock them off but could give two poops when they do pass.
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I've seen it first hand on other job sites I've been at. I hear ya.
 
Aunt Marg said:
Blessed is he who expects nothing, for he shall never be disappointed.
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Funny some who anticipate wind up waiting with nothing because their plans are an inheritance scheme.

They are almost predator like if not stupid waiting 'patiently' then all of the sudden pounce. So rather than work, invest etc they just wait frequenlty with little to nothing. Pathetic individuals all the way around.
 
WhatInThe said:
A rich and known art dealer in NYC passed away and left entire estate to a deli employee from a deli he bought/owned years earlier. Of course other family/heirs aren't too thrilled. But apparently this employee wound up being his caretaker in his final years. Family commenting from the UK says 'family' got nervous when he bought the deli in 2016 and apparently the will was changed since then.

https://www.dailymail.co.uk/news/ar...illion-dollar-fortune-Queens-deli-worker.html

Well if a stranger is by my side in my final days/years what ever they would definitely be included or added to my will. Funny how this guy died in NY yet family is complaining from another country.
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If I was in the same standing as Mr. Zarre, was, and had someone remain steadfast and by my side during my final days, I would have no issue with willing everything in my name to them.
 
WhatInThe said:
Funny some who anticipate wind up waiting with nothing because their plans are an inheritance scheme.

They are almost predator like if not stupid waiting 'patiently' then all of the sudden pounce. So rather than work, invest etc they just wait frequenlty with little to nothing. Pathetic individuals all the way around.
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Dear husband and I know of such a person, and when her father passed away, the estate was essentially worthless, but up to that point she wore the skin off the palms of her hands, because that's all she did was rub them together in anticipation of receiving something that wasn't there.
 
Aunt Marg said:
Dear husband and I know of such a person, and when her father passed away, the estate was essentially worthless, but up to that point she wore the skin off the palms of her hands, because that's all she did was rub them together in anticipation of receiving something that wasn't there.
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LOL but true it describes things so well.

I've seen that. Saw greedy/addicted family whine that their parents didn't leave a 6 figure life insurance policy yet borrowed with out paying back and cost their parents that much over the decades with the lifestyle/habits. They would even complain when the parent would get something around the house repaired rather than replace or renovate because they knew the house would be theirs one day.
 
Aunt Marg said:
I don't know how it works in the USofA, but here in Canada, a will is a will, and so long as all has been signed, stamped, and executed properly, contesting such a will is futile.
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Wills and trusts can be overturned for a few reasons including:
  • The person who signed the will lacked testamentary capacity.
  • Undue influence was exerted over the person who made the will.
Courts tend to look closely at longstanding wills that are rewritten by people in vulnerable positions, particularly when caregivers are the new beneficiaries.
 
StarSong said:
Wills and trusts can be overturned for a few reasons including:
  • The person who signed the will lacked testamentary capacity.
  • Undue influence was exerted over the person who made the will.
Courts tend to look closely at longstanding wills that are rewritten by people in vulnerable positions, particularly when caregivers are the new beneficiaries.
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I can definitely see that.

I pray such proves not to be the case with this story.
 
Well, here's one for the books:
When my parents passed, my sister, brother & I discussed splitting everything evenly - saving's accounts, property, things, etc. Our parents had a trust & will, so it was pretty simple.
BUT my brother (who has always been a thief) decided that he should get everything, including all three properties our parents owned.
He learned a lesson - the hard way. And the expensive way.
He started a court battle to try to get everything. All the properties went into probate, he spend a fortune on 3 attorneys who knew they had a fool for a client & they encouraged him to fight so they could soak him for legal fees.
We went to trial. He lost.
He filed an appeal. He lost the appeal.
He tried to appeal the appeal. The court refused to hear it.
I had to spend quite a bit on legal fees to fight. It lasted 7 years.

Here's the good part: One of the properties was an auto repair business our parents bought my brother. I didn't know that they made me a 60% owner of the property until my brother started his legal fight after they died. That required a title search which revealed my ownership.
That meant I was entitled to many years of back rent, profit & other benefits.
My brother had to settle it by buying me out of the property. To do that, he had to sell his house (that his mommy bought him).
Expensive lesson in greed.
 
I don't know if he was truely manipulated or just appreciative. Again his family is making comments from another country so I have to wonder if they even offered to physically help him. And for them to complain about him buying a deli. So what. Rich people have been to known to dabble or buy into different ventures sometimes out of boredom or they actually have had a quiet interest in it for years.

This is another reason why when ever possible designated beneficiaries on all bank accounts, insurance policies etc. This is different because he supposed to be in possession of numerous valuable paintings, artwork etc so dividing that up could be an issue along with other monies and properties.
 
win231 said:
Well, here's one for the books:
When my parents passed, my sister, brother & I discussed splitting everything evenly - saving's accounts, property, things, etc. Our parents had a trust & will, so it was pretty simple.
BUT my brother (who has always been a thief) decided that he should get everything, including all three properties our parents owned.
He learned a lesson - the hard way. And the expensive way.
He started a court battle to try to get everything. All the properties went into probate, he spend a fortune on 3 attorneys who knew they had a fool for a client & they encouraged him to fight so they could soak him for legal fees.
We went to trial. He lost.
He filed an appeal. He lost the appeal.
He tried to appeal the appeal. The court refused to hear it.
I had to spend quite a bit on legal fees to fight. It lasted 7 years.

Here's the good part: One of the properties was an auto repair business our parents bought my brother. I didn't know that they made me a 60% owner of the property until my brother started his legal fight after they died. That required a title search which revealed my ownership.
That meant I was entitled to many years of back rent, profit & other benefits.
My brother had to settle it by buying me out of the property. To do that, he had to sell his house (that his mommy bought him).
Expensive lesson in greed.
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It's so sad, because I have personally witnessed family squabbles over estates a number of times over the course of my lifetime, and there always seems to be one in a family that wants it all, feels entitled to it all, is convinced they deserve it all, or work on trying to convince others who are involved that somehow they should get it all.
 
Aunt Marg said:
It's so sad, because I have personally witnessed family squabbles over estates a number of times over the course of my lifetime, and there always seems to be one in a family that wants it all, feels entitled to it all, is convinced they deserve it all, or work on trying to convince others who are involved that somehow they should get it all.
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Yep, I think too many think since the parents helped them out financially earleir in life they felt they would also be 'helped' again at the end of theirs. This is why a parent has to be very careful with what ever financial aid they give an adult child. It's extremely easy to create a sense of entitlement or enable a greedy self centered person. I've seen it our family. Those that got the most financial aid early in their adult life wind up being the problem ones.
 
WhatInThe said:
I don't know if he was truely manipulated or just appreciative. Again his family is making comments from another country so I have to wonder if they even offered to physically help him. And for them to complain about him buying a deli. So what. Rich people have been to known to dabble or buy into different ventures sometimes out of boredom or they actually have had a quiet interest in it for years.

This is another reason why when ever possible designated beneficiaries on all bank accounts, insurance policies etc. This is different because he supposed to be in possession of numerous valuable paintings, artwork etc so dividing that up could be an issue along with other monies and properties.
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All I can think of, is his family were rubbing their hands together in anticipation of riches coming their way, so when, Mr. Zarre, purchased the deli business, all the family seen was depleted cash-money in their pockets, hence their displeasure and concern over the purchase.

One thing I learned, you really get to know what family members are truly made of when it comes to settling estates and wills.
 

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