Ugly Voccola family battle plays out in R.I. Supreme Court
His daughter,
"The judge overlooked or misconstrued the evidence," Forte's lawyer,
Justice
Voccola's estate, with
"Can't you people just resolve this stuff?"
Neither side was open to mediation,
Still, he said, if the signatures "are no good, their case falls apart."
A federal judge in 2002 cleared Voccola of racketeering charges, finding that prosecutors failed to prove he was part of a criminal enterprise operating out of
According to Taft-Carter's ruling, the saga began in 2005, when Voccola sued his children, Stephen and Barbara, seeking to revoke a purported gift of stock he gave them in Redbrook Investments, a corporation he created. He claimed that they and their siblings Forte and
After the gift was completed, Redbrook secured a
The parties in 2007 agreed to sell property owned by Redbrook, with the proceeds to go to Voccola. The agreement, signed by his four children, said that all mortgages on his properties would be discharged in exchange for the lawsuit's dismissal. Forte was granted power of attorney.
Shortly after, Forte assigned all mortgages held by Redbrook to West Fountain Investments, a corporation she owned. A vote was then held transferring all properties owned by three Voccola entities to another corporation held by Forte.
Voccola executed various wills. Twice he bequeathed his estate to Forte and disinherited the other children. He later revised it to give
___
(c)2016 The Providence Journal (Providence, R.I.)
Visit The Providence Journal (Providence, R.I.) at www.projo.com
Distributed by Tribune Content Agency, LLC.
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News