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of Reduction of Partnership Interest”, Zona reduced her interest
in the partnership to 1 percent in consideration for receiving
the Windmill Ranch. The intended results were that decedent
would own 99 percent of the Bard property and Zona would own 100
percent of the Windmill Ranch.
According to the warranty deed granting the Windmill Ranch
to Zona Kenly, the grantors were “Windmill Ranch Partnership and
John Kenly, husband of Betty Kenly, dealing with his sole and
separate property”.
Decedent died before he could complete a sale of the Bard
property.
California Ancillary Probate Proceeding
Decedent died intestate. Michael Hughes was attorney for
petitioner in her capacity as personal representative of
decedent. Michael Hughes and his father, attorney John Hughes,
advised decedent's children, Rodney Kenly and Mark Kenly, that
the Bard property was community property. In January 1991,
Rodney Kenly and Mark Kenly each renounced any intestate share in
decedent's estate. The documents evidencing their renunciation
were prepared by Michael Hughes.
By letter dated March 4, 1991, Phillip J. Krum, Jr., a
California attorney, advised Michael Hughes of certain options
concerning the disposition of the Bard property. In pertinent
part, the letter stated:
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Last modified: May 25, 2011