Monday, May 10, 2010

Mrs. Don Shula v. Stephens

Posted By on Mon, May 10, 2010 at 12:01 PM

Mark Friedman of Arkansas Business has a story this week about a continuing court dispute between Mary Anne Shula, the ex-wife of financier Jack Stephens, and Stephens' son, Warren, over the trust fund from which she is paid $1 million a year in alimony.

The most interesting tidbit might concern the 12,000-square-foot Florida home that Shula also got in her divorce settlement from Stephens and in which she now lives with her current husband, former pro football coach Don Shula.

Meanwhile, Shula recently made a tearful plea to the Indian Creek Island village council not to increase her property assessment for police service on the 40-home island, saying she couldn't afford the additional $3,400 annual tax.

"My husband is 80 years old. ... He's on the back nine of his life," Shula said, as quoted in an April 29 article in Miami New Times. "Don is unable to do talks and signings like he used to. If our taxes go up, he'll suffer. ... What gives you the right to do this?"

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