CONCORD – A lower court judge was right to cut one of millionaire developer Samuel Tamposi, Sr.’s daughter out of the family fortune, the state Supreme Court ruled this week.
The Court upheld the decision of a probate court to dismiss a complaint brought by Elizabeth “Betty” Tamposi, the disinherited daughter of the late Samuel Tamposi, Sr. The probate court also was correct in removing Julie Shelton as a trustee appointed by Betty Tamposi, the Supreme Court ruled.
Betty Tamposi had been cut of out of the family fortune because she and Shelton had challenged terms of Samuel Tamposi Sr.’s trust, against the terms of the trust itself, according to court documents.
Samuel Tamposi, Sr., died on May 25, 1995.
The Supreme Court ruling, dated Jan. 11, also remanded the case back to probate court to consider the issue of attorney’s fees, which the probate court had ordered Shelton and Betty Tamposi to pay.
Betty Tamposi and Shelton, of Chicago, filed suit in Hillsborough County Probate Court in October 2007 challenging terms of the Samuel Tamposi Sr. trust.
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