Brooke Astor - Estate Tampering

Estate Tampering

On August 1, 2006, The New York Times reported that Anthony Marshall was accused by Alice Perdue, who was employed in his mother's business office, of diverting nearly $1 million from his ailing mother's personal checking accounts into theatrical productions. Marshall, through a spokesman, said that his mother knew of the investments and approved of them. Perdue countered that Marshall had advised her never to send to his mother any documents of a financial nature because "she didn't understand it."

The claims made by Philip Marshall regarding his father's handling of the estate prompted interest into the matter. On November 27, 2007, indictments on criminal charges were announced against Astor's son, Anthony D. Marshall, and attorney Francis X. Morrissey Jr. The charges stemmed from the district attorney's office and subsequent grand jury investigation into the mishandling of Astor's money and a questionable signature on the third amendment to her 2002 will, made in March 2004. That amendment called for Astor’s real estate to be sold and the proceeds added to her residuary estate. An earlier amendment, also made in 2004, which designated Marshall as the executor of his mother's estate and left him the entirety of the residuary estate, was also under investigation.

The specific charges included grand larceny, criminal possession of stolen property, forgery, scheming to defraud, falsifying business records, offering a false instrument for filing, and conspiracy in plundering her $198 million estate. The most severe charge, grand larceny, carries up to a 25-year sentence.

The trial of Marshall and Morrissey started March 30, 2009, with the jury selection. The judge, Justice A. Kirke Bartley Jr., had originally indicated that the trial could last up to three months. After deliberations that stretched over twelve days and were reportedly marked by bitter disagreements that left one female juror claiming to feel personally threatened, on October 8, 2009, the jury convicted Anthony D. Marshall of one of two charges of grand larceny, the most serious of a number of charges brought against him. The same jury convicted Francis X. Morrissey Jr. of forgery. In December 2009, Marshall and Morrisey were both sentenced to 1-3 years in prison. Philip C. Marshall, Astor's grandson, said that now that his father has been convicted in the Brooke Astor will case, he expects the will to be contested by various charities.

On November 30, 2011, Sotheby's announced plans for an April 19, 2012 auction of jewelry as well as fine and decorative arts from her Park Avenue apartment and Holly Hill, her Westchester estate.

Read more about this topic:  Brooke Astor

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