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  #1  
Old 07-05-2006, 01:58 PM
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Buffymommy Buffymommy is offline
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Guessing maybe suicide? Can everyone still go after his estate?
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Old 07-05-2006, 02:04 PM
boldruler
 
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That money is his families. Sad, but that is the reality of it. He was very clever and put his money in life insurance policies and annuities that are protected in certain states from lawsuits. The guy was garbage, but very smart garbage.
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Old 07-05-2006, 02:13 PM
eurobounce
 
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I dont think it was a suicide. That much pressure and stress will cause a heart attack. Since the cause of death was a heart attack then there will not be an autopsy.

Now, creditors can certainly go after the estate. The estate will not be settled for years. But there will not be much left after the creditors get their cut. I am sure he has life insurance and annuties to allow his family to live well.
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Old 07-05-2006, 02:30 PM
boldruler
 
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Quote:
Originally Posted by eurobounce
I dont think it was a suicide. That much pressure and stress will cause a heart attack. Since the cause of death was a heart attack then there will not be an autopsy.

Now, creditors can certainly go after the estate. The estate will not be settled for years. But there will not be much left after the creditors get their cut. I am sure he has life insurance and annuties to allow his family to live well.
He was clever, they put just about everything out of the reach of creditors. TX really makes it easy to keep assets from being taken in lawsuits. I believe his wife will be getting something like $900,000 a year. Not bad considering they stole thousands of peoples retirement money. I am just shocked somebody hasn't tried to kill them. If somebody stole my retirement money I would kill them before I went to WalMart for a $6/hr job when I was 70 yrs old. Try finding a jury that would convict the person that killed Ken Lay or his wife. In TX they would just see it as justice.
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