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Paul Walker estate administration challenges

Many of our Texas readers, along with those in other parts of the world, have been closely following the story related to Paul Walker's untimely death.

Recently, Walker's mother has filed papers to become the legal guardian of his 15-year-old daughter. While this is not uncommon, there is always the chance that such a request could lead to trouble. In this case, the girl's mother could choose to fight against this.

Last week, the actor's mother filed the necessary paperwork in court, asking that she be the guardian of the girl and the estate that he left behind in his will, which is estimated to be valued as high as $25 million.

In her petition to the court, Walker's mother claims that she would be a better guardian for the girl as her mother has a drinking problem. Court records confirm this, showing that she has two DUIs, with the most recent one occurring in 2013. Furthermore, Walker made it clear in his will that he wanted his mother to be the girl's guardian. For now, a hearing related to the guardianship has been scheduled for April 30.

This story shows just how complicated estate administration can be. Despite the fact that everything is laid out in Walker's will, problems are beginning to arise. This is due in large part to how much money he had along with guardianship issues concerning his daughter; however, anybody could find themselves in this position. In this case, the judge will likely appoint an attorney to look out for the daughter's best interests.

Source:  People, "Paul Walker's Daughter: Will There Be a Custody Battle over Meadow Walker?" Howard Breuer, Mar. 24, 2014

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