Blech v. Blech

Arthur Blech died and left an estate worth over $65 million. At issue on appeal was how to account for the sale of the 3,050-acre Blech Ranch, located in San Luis Obispo County, California. In the published portion of the opinion, the Court of Appeal determined that the gift of Blech Ranch (and of its equivalent in cash as of the date of its sale) was a funding mechanism for Raymond Blech's 35% share of the remainder or residue of the estate rather than an additional specific gift to him. View "Blech v. Blech" on Justia Law