New York
Trusts Lawyer.com
    Need Wills & Trusts Help?
Free Case Review from willls attorney

Weinstein, Chase, Messinger & Peters, P.C.

26 Court Street
Suite 2100
Brooklyn, NY 11242

Phone: (718) 858-3100

Wills Resources

< Back to Previous Page

In New York, Woman Guilty of Embezzling Nearly $200,000 of Inheritance Money From Trust

NEW YORK, NY - Attorney General Andrew M. Cuomo today announced the guilty plea of a Columbia County woman who admitted to embezzling nearly two hundred thousand dollars from the Lena Giannotti Trust, for which she was the sole trustee.

From December 1996 through October 2000, Mary Birch, 64, of Canaan, made payments to herself, relatives, and others that were not authorized by the trust. In doing so, she deprived thirteen beneficiaries of their rightful inheritance. The theft was not discovered until recently, when Ms. Birch failed to distribute the trust and was subsequently unable to account for the missing money.

Ms. Birch pled guilty today to Grand Larceny in the Second Degree, a class C felony, before Columbia County Court Judge Jonathan Nichols. Ms. Birch could receive a sentence of up to fifteen years in prison and be ordered to pay $195,714.50 in restitution. Her sentencing will occur on April 10, 2007.

The case was prosecuted by Assistant Attorney General Nancy Snyder, under the supervision of Deputy Bureau Chief Viola I. Abbitt. New York State Police Investigator Gregory Thomas conducted the investigation. The defendant was represented by David Seth Michaels of Spencertown, New York.


WILLS & TRUSTS NEWS ARTICLES


 
In New York, Woman Guilty of Embezzling Nearly $200,000 of Inheritance Mone...
oag.state.ny.us
Woman who admitted to embezzling nearly two hundred thousand dollars from the Lena Giannotti Trust...
Read more >

Beware of Living Trust Scams...
U.S. Attonrney General
The smart consumer needs to explore every option and consider the type of estate planning that's app...
Read more >

More New York & National Wills Related News >
 

  WILLS RESOURCES

  • FAQ About Wills

  • Wills & Trusts Terms

  • Facts on Wills & Trusts



  • Estate Planning

    Asset Protection

    New York Wills Attorney

    New York Power Of Attorney

    Types of Trusts

    Living Trusts


    Glossary Terms:

    QTIP Trust - A marital trust for which a federal estate tax election is made. It provides that the surviving spouse is entitled to all of the income from the trust property, to be paid at least annually.

    Adverse Party - Anyone having a substantial beneficial interest in the trust that would be adversely affected by the exercise/non-exercise of their power with respect to the trust.

    Corpus - The principal or funds of a trust, as distinguished from the income of a trust.

     


    Talk to our New York proWills and Trusts Lawyers for these above topic details.


     

    Home | FAQ's | Links | News | Contact us | Sitemap

    THE LAW FIRM OF Weinstein, Chase, Messinger and Peters, P.C. Has New York Wills and Trusts Lawyers serving the following areas: NYC, Brooklyn, Queens, Long Island and sourrounding NY areas.

    Copyright © 2009. THE LAW FIRM OF Weinstein, Chase, Messinger and Peters, P.C. All rights reserved.

    Orion Foundry (US), Inc. – Search Services. All rights reserved 2009