Here's something you might be interested in.
Ask a Hipster — Advice you didn't know you needed
Big Screen — Movie commentary
Blurt — Music's inside track
Booze News — San Diego spirits
Classical Music — Immortal beauty
Classifieds — Free and easy
Cover Stories — Front-page features
Drinks All Around — Bartenders' drink recipes
Excerpts — Literary and spiritual excerpts
Feast! — Food & drink reviews
Feature Stories — Local news & stories
Fishing Report — What’s getting hooked from ship and shore
From the Archives — Spotlight on the past
Golden Dreams — Talk of the town
The Gonzo Report — Making the musical scene, or at least reporting from it
Letters — Our inbox
Movies@Home — Local movie buffs share favorites
Movie Reviews — Our critics' picks and pans
Musician Interviews — Up close with local artists
Neighborhood News from Stringers — Hyperlocal news
News Ticker — News & politics
Obermeyer — San Diego politics illustrated
Outdoors — Weekly changes in flora and fauna
Overheard in San Diego — Eavesdropping illustrated
Poetry — The old and the new
Reader Travel — Travel section built by travelers
Reading — The hunt for intellectuals
Roam-O-Rama — SoCal's best hiking/biking trails
San Diego Beer — Inside San Diego suds
SD on the QT — Almost factual news
Sheep and Goats — Places of worship
Special Issues — The best of
Street Style — San Diego streets have style
Surf Diego — Real stories from those braving the waves
Theater — On stage in San Diego this week
Tin Fork — Silver spoon alternative
Under the Radar — Matt Potter's undercover work
Unforgettable — Long-ago San Diego
Unreal Estate — San Diego's priciest pads
Your Week — Daily event picks
At least Granddad Sefton cared
Years of court give way to ruling in favor of disinherited Thomas Jr.
When Tom Sefton, scion of the San Diego banking family, died in 2006, he left nothing to Thomas Sefton Jr., his son by his first marriage. He left most of the estate to his children by his second marriage, Harley and Laurie Sefton. Thomas Jr. went to court and lost: the trial court ruled that Tom Sefton was entitled to disinherit the son.
Thomas Jr. appealed, and the appellate court remanded the matter, saying he was entitled to a "substantial" amount of the estate of Joseph Sefton, Tom's father, who died in 1966. The trial court then determined that Thomas deserved $565,350, or 7 percent of one-seventh (1 percent) of the estate of Joseph Sefton.
Thomas appealed a second time, and on April 24 of this year, the Court of Appeal, Fourth Appellate District, ruled that Thomas Jr. should get one-third of the estate of Joseph, his grandfather. He will get $26 million to $27 million, says Richard Van Dyke of Van Dyke & Associates, the law firm that handled the appeal. Thomas Jr. will have to pay substantial attorney's fees out of that sum, but "he will be very well taken care of for the rest of his life," says Van Dyke.
Van Dyke says Thomas Jr. could be disinherited by his father Tom, "but couldn't be from his grandfather" who had set up a trust for Tom, Tom's siblings, and grandchildren in the 1950s.
The Sefton family controlled San Diego Trust & Savings, which was established in 1889. The Sefton interest in the bank was sold to the former First Interstate for $350 million in stock in 1994. The grandfather's estate got some of that stock.
Thomas Jr. is a budding author living in Brooklyn.
Here's something you might be interested in.
At least Granddad Sefton cared
Years of court give way to ruling in favor of disinherited Thomas Jr.
At least Granddad Sefton cared
Years of court give way to ruling in favor of disinherited Thomas Jr.
When Tom Sefton, scion of the San Diego banking family, died in 2006, he left nothing to Thomas Sefton Jr., his son by his first marriage. He left most of the estate to his children by his second marriage, Harley and Laurie Sefton. Thomas Jr. went to court and lost: the trial court ruled that Tom Sefton was entitled to disinherit the son.
Thomas Jr. appealed, and the appellate court remanded the matter, saying he was entitled to a "substantial" amount of the estate of Joseph Sefton, Tom's father, who died in 1966. The trial court then determined that Thomas deserved $565,350, or 7 percent of one-seventh (1 percent) of the estate of Joseph Sefton.
Thomas appealed a second time, and on April 24 of this year, the Court of Appeal, Fourth Appellate District, ruled that Thomas Jr. should get one-third of the estate of Joseph, his grandfather. He will get $26 million to $27 million, says Richard Van Dyke of Van Dyke & Associates, the law firm that handled the appeal. Thomas Jr. will have to pay substantial attorney's fees out of that sum, but "he will be very well taken care of for the rest of his life," says Van Dyke.
Van Dyke says Thomas Jr. could be disinherited by his father Tom, "but couldn't be from his grandfather" who had set up a trust for Tom, Tom's siblings, and grandchildren in the 1950s.
The Sefton family controlled San Diego Trust & Savings, which was established in 1889. The Sefton interest in the bank was sold to the former First Interstate for $350 million in stock in 1994. The grandfather's estate got some of that stock.
Thomas Jr. is a budding author living in Brooklyn.
Comments