Dolores Ormandy Neumann named her three daughters as co-executors and beneficiaries of her estate in her will. She left them valuable artwork, including a piece by Jean-Michel Basquiat called "Flesh and Spirit," above, which sold for $30.7 million in 2018. Photo: Frank Augstein/AP Protracted Litigation Over Art Inheritance Moves to NY Appeals Court
The Neumann family controls over $1 Billion in art from artists such as Pablo Picasso and Jean-Michael Basquiat. One scion alleges another unduly influenced their mother to change her will. A jury disagreed.
November 13, 2023 at 05:42 PM
7 minute read
The scion of a prominent New York art family is seeking a new trial over a disputed will, claiming a Manhattan jury got it wrong when they found her elder sister did not exercise undue influence over their mother in overseeing the preparation of a new will that drastically limited her inheritances.
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