Judge rejects Kawananakoa’s request to regain control over her multi-million dollar trust
In a landmark ruling, state Probate Judge Mark Browning denied Kawananakoa’s and her wife Veronica Gail Worth’s request to appoint Worth and two other supporters to manage her trust, saying Kawananakoa still does not have the capacity to manage her financial affairs.
He also removed the heiress’s trustee, longtime former attorney James Wright, and replaced him with First Hawaiian Bank.
“It is clear and convincing that Miss Kawananakoa lacks financial capacity and cannot understand or appreciate the consequences of appointing a successor trustee,” Browning said.
Kawananakoa’s attorney disagreed.
“She knows what she’s doing. In my mind she’s very competent,” said Michael Lilly, Kawananakoa’s attorney.
After suffering a stroke-like attack last year, the 92-year-old heiress was removed as head of her own trust and was replaced by her longtime attorney James Wright.
Kawananakoa and her wife then sued to remove Wright, saying he mismanaged the trust. But he has alleged in court papers that Worth was exerting undue influence on Kawananakoa and would deplete her trust if given control.
Do you think if she was married to a man that they would be trying to remove him from the trust?
Is this just more prejudice against LGBTQ.
HONOLULU (HawaiiNewsNow) – A state judge Monday rejected Hawaiian royalty descendant Abigail Kawananakoa’s request to regain control of her $215 million fortune.