Estate of Getty

Good Law
143 Cal. App. 3d 455·191 Cal. Rptr. 897
Court of Appeal of CaliforniaMay 31, 198367351California5,152 words

Opinion

Opinion

John K. Van de Kamp, Attorney General, and James M. Cordi, Deputy Attorney General, for Objector and Appellant.

Musick, Peeler & Garrett, Bruce A. Bevan, Jr., Magaram, Riskin, Wayne & Minikes, Morton Minikes, Philip S. Magaram, Richard N. Ellis and Irell & Manella for Petitioners and Respondents.

OPINION

HANSON (Thaxton), J.

The Attorney General of the State of California appeals from orders of the Los Angeles Superior Court sitting in probate approving payment by the estate of Jean Paul Getty of the balance of executors' commissions and attorneys' fees due. The orders are appealable (Prob. Code, § 1240, subds. (k) and (m)) and we affirm them.

Jean Paul Getty died in 1976, leaving the largest estate ever subject to probate in the State of California. According to the joint appendix before us (prepared by the parties pursuant to rule 5.1, Cal. Rules of Court, in lieu of a clerk's transcript on appeal), the inventory value of the estate was $760,084,633. The total amount of the estate finally accounted for by the executors was $1,357,877,342. [1] Of this amount, $1.2 billion (approximately) was received by the Getty Museum as the residuary charitable beneficiary of the estate.…

Sign in to read the full opinion

Create a free account to read the complete opinion text, citation history, and good-law status for this case.