This latest development adds another layer to the existing Supreme Court case brought by another grandson, Markas Salkanovic, 54. Salkanovic, who has a prior conviction for attempted drug importation and a history of estrangement from some family members, is seeking a larger share of the multimillion-dollar estate. The estate includes substantial assets, notably shares in the family’s property empire.
Marcus and Alex Polites, sons of property tycoon George Polites, have now instructed lawyers to file their own claim, citing unspecified “changed circumstances.” Their specific demands under the Inheritance (Family Provision) Act remain unclear.
The estate, which has yet to receive probate, is reportedly valued at a minimum of $1.5 million in assets but also has debts exceeding $4.4 million.
Further complicating matters, George Polites is separately challenging the appointment of estate administrator Sarah Hooper. He alleges a lack of transparency in the process and expresses concerns about potential exposure of confidential family business information. A hearing next month will decide whether to extend the temporary suspension of Hooper’s powers.
Source: The Advertiser
Giannis Kostakis was born in Athens, Greece, and is a distinguished Paralympic swimmer known for…
Princess Beatrice and her husband, Edoardo Mapelli Mozzi, have joyfully announced a Greek name for…
Prince Nikolaos, the third child of Greece’s last King and Queen, Constantine II and Anne-Marie,…
Hidden forces shaping human behaviour: 20 fascinating psychological phenomena
Sudden cardiac death (SCD) is a significant global health concern, accounting for up to 20%…
Christopher Nolan, with an all-star cast, is embarking on what may be the most ambitious…