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Posts Tagged ‘beneficiaries’

Lear Family fortune stolen by the government?

April 22nd, 2010 No comments
I came across this site looking for something on family trust violations and was shocked at what I read. If this is true, I have a greater respect and curiosity for the Lear family, but also wonder if it could also be related to something a little more ‘out there’
 
 
” Trusts are formed and determined in equity and in due course equity must follow the law. The case of the Lear Family Trust shows how court appointed Trustees and lawyers manipulate the books and trust property while pitting family members beneficiaries against each other for their own self-serving ends. This created discord between beneficiaries is intended to preclude those who have right and interest from questioning the unethical and even fraudulent activities of the Trustees. It also shows how the judiciary can prejudicially favor the Trustees’ maladministration and breach of Trust while the beneficiaries are left wanting justice. “
 
“Trustees of other trusts have also acted in similar manners but these trusts are rarely the creation of someone as prominent as William P. Lear, Sr., the designer and inventor of the car radio, the 8-track tape, the automatic pilot and the Lear Jet to name only a few of his many achievements. Bill Lear obtained over 150 patents during his lifetime.”
 
 
” This sordid tale of dishonesty and influence is not over and litigation is still pending. The story extends far beyond one branch of the Nevada State government and its regulatory agencies. It is intertwined with federal agencies, international corporations, and dealings that defy the best of Hollywood’s imagination and involves a fortune of which few knew the true extent. “