A few points about Moselle and Maggie's estate:
1) originally Alex owned this and borrowed heavily against the property (from his favorite local bank Palmetto State)
2) Alex transferred the property to Maggie with a Quit Dead Claim, which transfers the property to Maggie, but all the liens remain (PSB still holds the mortgage)
3) Maggie is sued (with others) as part of the Beach lawsuit.
4) Maggie is killed and the property goes to her estate.
-- at this point most/all of Maggie's Estate is at risk due to lawsuits filed against her.
-- If money were left over the properties would go to
5) Alex, but only if not found guilty since in SC you cannot inherit from somebody you murder. If this happened, the property would become tied up in Alex's multiple lawsuits.
6) If Alex is found guilty, Maggie's sole remaining heir would be Buster. If the case had not been settled, Buster would be at risk for the Beach lawsuits, but not Alex's financial crimes. In practice, however, the estate would be tied up for years due to Alex's expected appeals.
I don't have a link since this is information I have accumulated from multiple articles.
The bottom line is that lawyers get rich, and everybody else gets tidbits.
1) originally Alex owned this and borrowed heavily against the property (from his favorite local bank Palmetto State)
2) Alex transferred the property to Maggie with a Quit Dead Claim, which transfers the property to Maggie, but all the liens remain (PSB still holds the mortgage)
3) Maggie is sued (with others) as part of the Beach lawsuit.
4) Maggie is killed and the property goes to her estate.
-- at this point most/all of Maggie's Estate is at risk due to lawsuits filed against her.
-- If money were left over the properties would go to
5) Alex, but only if not found guilty since in SC you cannot inherit from somebody you murder. If this happened, the property would become tied up in Alex's multiple lawsuits.
6) If Alex is found guilty, Maggie's sole remaining heir would be Buster. If the case had not been settled, Buster would be at risk for the Beach lawsuits, but not Alex's financial crimes. In practice, however, the estate would be tied up for years due to Alex's expected appeals.
I don't have a link since this is information I have accumulated from multiple articles.
The bottom line is that lawyers get rich, and everybody else gets tidbits.