Family Dispute Resolved: Young’s Lobster Pound Continues Operations Under Raymond Young
In a significant ruling, a probate court in Maine has granted Young’s Lobster of Belfast the right to continue operations under the management of Raymond Young. This decision follows the death of his father, Robert R. Young, in 2017 and the ensuing family turmoil over the validity of his will.
The Background of a Family Business
Robert Young operated Young’s Lobster Pound until his retirement in 2000, at which point his son Raymond stepped into the role. Unfortunately, the passing of Robert led to a contentious dispute among his children regarding the distribution of his estate.
A Handwritten Will Sparks Controversy
In the wake of Robert’s death, two of his children—Robert F. Young Jr. and Dianne (Young) Parker—contended that their father created a handwritten will merely days before his passing. This new will reportedly excluded Raymond from his position in the business and declared his employment and inheritance null and void.
The contested will also aimed to terminate the lease of the lobster pound, stipulate that assets be auctioned, and direct the proceeds, after tax deductions, to Dana-Farber Hospital in memory of Robert’s deceased wife. Moreover, it sought to transfer a piece of property located in Belfast to Parker.
Court Findings
The Waldo County Probate Court delivered its verdict on August 8, citing “substantial issues” regarding the handwritten document, particularly pointing to inconsistencies in both the handwriting and signature. Testimonies from Robert’s attorney and accountant also suggested that he would not have issued such a drastic change without prior consultation with his legal and financial advisors.
The Future of Young’s Lobster
As it stands, Raymond Young retains control of Young’s Lobster Pound. However, the potential for an appeal from his siblings remains, which could complicate the ongoing operations of the family business.
In Conclusion
The court’s ruling allows Young’s Lobster to continue its legacy, yet the unresolved issues within the Young family could linger, prompting vigilance for changes to ownership and management in the future.
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