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Sunday, July 21, 2019

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Daughter ousts Tom Benson as trustee of late wife's estate

Daughter ousts Tom Benson as trustee of late wife's estate

SAN ANTONIO (AP) — A Texas judge has ordered that Tom Benson's daughter replace the New Orleans Saints and Pelicans owner as trustee of a Benson family estate trust worth almost $1 billion.

The San Antonio Express-News reports Bexar (BEAR) County Probate Judge Tom Rickhoff ruled on Friday that Benson's estranged daughter, Renee Benson, control a trust created in 1980. The trust oversees assets of Shirley Benson, Tom Benson's late first wife and Renee Benson's mother.

Renee Benson and her two children challenged the San Antonio businessman's plans to take control of the estate away from her. She argued he was being manipulated by his present wife Gayle Benson.

Tom Benson's ownership of the NFL Saints and NBA Pelicans is included in another trust at the center of a court fight in Louisiana.

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