- 8 - son, as recipient of the payments from Patricia Low; and (2) to reflect the fact that Patricia Low had already purchased 25 percent of the agency stock. Sidney Dowell was substituted for Kenneth Dowell in the codicil because Kenneth was going through a divorce and decedent did not want his wife to make a claim on the payments called for in the will. Jan Seigel advised decedent that he did not think Kenneth Dowell's wife could make a claim on an inheritance under New Jersey law, but decedent said she really did not care what his advice was and that she wanted to do it her way. She wanted to make sure that her daughter-in-law could not get the payments "in any way, shape, or form". The change of recipient in the codicil from Kenneth Dowell to Sidney Dowell was not occasioned by decedent's being upset with Kenneth or by a family dispute between decedent and him. Under the terms of the codicil, Patricia Low had to pay to her father a total of $5,000 per month for almost 10 years, as her monthly payments under the codicil were $3,750 and one-half of the $2,500 that she owed under the agreement. The codicil was written approximately 2 years after the will was executed. Decedent discussed the codicil with her son in 1990. She said that the provision in the original will by which he would receive payments from the business was being changed. Decedent told her son that the reason for the change was that he had a divorce case pending and decedent did not want to have the payments be part of a property settlement in his divorce case.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011