Law Offices of Frye & Vazquez, P.L. - estate planning
Se Habla Español
Coronavirus Update: We are equipped to address your estate, asset protection, and healthcare designation planning with proper precautions in our office or remotely through telephone and video conferencing. Social distancing does not have to stop you from attending to your planning needs. Learn more about our services during COVID-19 here or call us at 305-424-2529 for further details.


Contact Us
305-508-5749

Blog

NFL team asked to pay deceased player’s signing bonus

One vital function of those who have been asked to assist in the administration of an estate in Miami is resolving all claims both for and against a decedent. The outcome of such claims could potentially have a significant impact on the overall value of the estate. Thus, beneficiaries, creditors and other interested parties to an estate likely want to see such actions resolved given the impact that it may have on their own personal interests. This may be true despite however seemingly odd (or even distasteful) a claim may be.

Many may disapprove of the action currently going on between the National Football League Players Association and the New England Patriots following the suicide death of one the team’s former players. The man was recently found dead in his prison cell following his acquittal on murder charges. His death prompted an earlier murder conviction to be vacated due to the fact that the law in the state in which he was convicted mandates that cases be completed (including appeals). As he was in the process of an appeal at the time of his death, his case was no longer considered completed and thus must be vacated.

The vacating of his earlier conviction has prompted the NFLPA for ask that singing bonuses owed to him by his former team be paid to his estate. While some may question this action, the families of his alleged victims may actually support it given that it may allow them to recover something from the wrongful death lawsuits they have filed against the man.

Those seeking to resolve an estate’s claims may wish to seek legal assistance when doing so. Such assistance may be aptly provided by a qualified attorney.

Source: ESPN “Why the Patriots could owe money to Aaron Hernandez” Munson, Lester, Apr. 21, 2017

badges

Archives

FindLaw Network