Who will be in control of Stephen Paddock’s $5 million estate?
LAS VEGAS (KSNV NEWS3LV) —
It’s estimated that Stephen Paddock left behind an estate worth $5 million.
Since Paddock died without a will, the administration of his estate defaulted to his 89-year-old mother, who has indicated it’s a task she doesn’t want.
“It’s very important that there is somebody appointed by the court that has the power and the authority to go gather up these assets and preserve them,” says attorney Craig Eiland.
Eiland represents family members of 75 of the shooting victims.
On Thursday, he filed a petition asking a probate judge to appoint an independent third party to oversee Paddock’s wealth.
He says he’s making the request because of a petition filed Oct. 11 by a Las Vegas attorney, who already represents the family of a shooting victim, who also wants to be in control of Paddock’s estate.
“It’s concerning for us that one person wants feet in both defending Paddock, and representing a deceased person,” says Eiland.
A hearing on the matter is scheduled for Friday morning.