Posted On: April 6, 2007
"Little Sweetie" and Probate on Presumption of Death
Sixty-nine-year-old pigtailed billionaire Nina "Little Sweetie" Wang died this week of cancer. The circumstances surrounding the death of her husband Teddy were far more unconventional. According to this article, "Teddy was kidnapped in 1990 and was nine years later declared dead after no trace of him was ever found. After his disappearance, his wife inherited his fortune."
There were also allegations that "Little Sweetie" had forged Teddy's Will.
The Illinois Probate Act contains (here) provisions for admitting a person's Will to probate on the presumption of his or her death. There's a similar provision (here) for a presumably deceased person who didn't have a Will.
