By Derrick Bryson Taylor | The New York Times
A vicious legal battle has erupted over Jimmy Buffett’s $275 million estate, with his widow and his accountant filing lawsuits this week seeking to remove each other as co-trustees of a trust containing the “Margaritaville” singer’s sprawling holdings.
The widow, Jane Buffett, is angry with the way her husband’s estate has been managed since his death nearly two years ago and has filed a petition seeking to oust her co-trustee, accountant Richard Mozenter. She complains that the marital trust set up by the singer — who built a musical empire off his laid-back, beach-bum persona and infectious, often self-deprecating country-rock and calypso-inflected songs — is producing far too little income.
Jane Buffett asked a judge in Los Angeles Superi