26 Years Later, Money Gone, Will Still In Probate Court
On a rainy and foggy March night in 1986, a small plane crashed outside of Chicago, killing F. Francis “Hi Ho” D’Addario, one of the most prolific and colorful industrialists of the 20th century in Connecticut.
Successful and wealthy, D’Addario was a 63-year-old Bridgeport businessman who had a will that distributed his substantial estate – valued at as much as $162 million — among his wife and five children.
It was a complicated matter. D’Addario Industries was diverse, from construction and paving to real estate, television and gambling to the Brakettes, a professional women’s softball team. That was nothing, however, compared to the mess that awaited in Connecticut’s probate courts.
More than 26 years later, D’Addario’s will remains open before probate court. And according to one interested party, the mystery is where all the millions have gone.
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While delays may occur when beneficiaries get into disputes or other related litigation, that can’t explain away 26 years. The judges on the case had the responsibility to solve the problems and settle the dispute.
Why didn’t they? Well, only they know for sure, but one is left wondering who did benefit from the dispute and litigation besides the lawyers?