In Re Estate of Gregory
Alaska Supreme Court · 1971-07-14 · cited 10×
This probate case involved the estate of Wendell A. Gregory, who died in 1962, leaving a widow and minor children from a prior marriage. The widow, initially serving as administratrix, was removed for misconduct such as failing to disclose assets and mismanaging funds, leading to multiple accountings, objections by the guardian ad litem for the children, and disputes over items like insurance proceeds from a vehicle, personal expenses claimed against the estate, and the division of business assets. The superior court approved an amended final accounting that required repayment of converted funds with compound interest, allocated 50% of business assets to the estate, and awarded the net estate as a family allowance to one minor child under Alaska statutes. The Supreme Court of Alaska affirmed most of these rulings based on findings of improper intermingling and inconclusive tax records but reversed in part and remanded for further proceedings on remaining issues like the widow's allowance.