Family fight over money in Jonesboro | Arkansas Blog

Sunday, March 25, 2018

Family fight over money in Jonesboro

Posted By on Sun, Mar 25, 2018 at 8:20 AM

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It's an old story: Ugly family fights over money. Today, the New York Times delves deeply into such a dispute in Jonesboro.

Bobby McKee, an ophthalmologist, built a fortune from eye surgery centers and other investments before dying in a car wreck in 1989. His widow was diagnosed with dementia and 2004 and died in 2007. His three children — two sons are doctors in Jonesboro and a daughter lives in Alabama — have been in conflict over the estate ever since. Millions are said to be at issue. Lawyer fees have been enormous. The fight pits the brothers against their sister and, particularly, her husband. The story includes many names in the legal and financial world familiar in Arkansas.

Moral seems to be that it might be prudent to have an independent trustee of an estate rather than a friend or family member.

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