Eric Richins’ family, not Kouri, gets insurance money from Eric’s business, court says

  • 📰 fox13
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

A court ruled Thursday that the family of the late Eric Richins will benefit from his business’ life insurance policy, not his wife Kouri who is charged with his murder, KCPW reported.

SUMMIT COUNTY, Utah —

Eric’s will states his sister would take over the trust if he died, but prosecutors say Kouri didn’t know that. They further allege that, as she didn’t know about the trust, Kouri logged into the buy/sell agreement and attempted to make herself its beneficiary two months before Eric died. “In this case, the real property transferred from being owned by Eric to being owned by the trustee of his trust,” Tracy said. “Again, the fact that he was his own trustee doesn't make a difference.”

During the hearing, Mrazik considered two other motions from Kouri’s attorneys: first, that it was illegal for Eric to give the trust his business interest, and second, that the prenuptial agreement grants her the business interest instead.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 550. in US

United States United States Latest News, United States United States Headlines