Buzz Aldrin’s son acts to block his father’s access to his assets
Sad: Andrew Aldrin, son to Buzz Aldrin, has moved to try to block his father’s access to the funds in two of his financial accounts.
Andrew Aldrin’s lawyer sent a letter last month to an associate in Morgan Stanley’s private wealth management division with instructions not to transfer any assets in two financial accounts in a trust of which Andrew Aldrin is a trustee. Buzz Aldrin, 89, has tried to terminate the trust and wants the assets distributed to him.
Astronaut Buzz Aldrin, member of the first landingBuy Photo
The letter from Andrew Aldrin’s lawyer warns Morgan Stanley that the son, acting as trustee, will seek damages if his instructions aren’t followed. “Please govern yourself accordingly,” the letter said.
Morgan Stanley asked a Florida court last week to decide if it should follow the instructions of Buzz Aldrin or his son.
The family has been fighting for control of Aldrin’s assets, with two of his children saying he has memory loss and is delusional.
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Sad: Andrew Aldrin, son to Buzz Aldrin, has moved to try to block his father’s access to the funds in two of his financial accounts.
Andrew Aldrin’s lawyer sent a letter last month to an associate in Morgan Stanley’s private wealth management division with instructions not to transfer any assets in two financial accounts in a trust of which Andrew Aldrin is a trustee. Buzz Aldrin, 89, has tried to terminate the trust and wants the assets distributed to him.
Astronaut Buzz Aldrin, member of the first landingBuy Photo
The letter from Andrew Aldrin’s lawyer warns Morgan Stanley that the son, acting as trustee, will seek damages if his instructions aren’t followed. “Please govern yourself accordingly,” the letter said.
Morgan Stanley asked a Florida court last week to decide if it should follow the instructions of Buzz Aldrin or his son.
The family has been fighting for control of Aldrin’s assets, with two of his children saying he has memory loss and is delusional.
Readers!
Please consider supporting my work here at Behind the Black. Your support allows me the freedom and ability to analyze objectively the ongoing renaissance in space, as well as the cultural changes -- for good or ill -- that are happening across America. Fourteen years ago I wrote that SLS and Orion were a bad ideas, a waste of money, would be years behind schedule, and better replaced by commercial private enterprise. Only now does it appear that Washington might finally recognize this reality.
In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
You can support me either by giving a one-time contribution or a regular subscription. There are four ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation or subscription:
4. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above.
Memory loss and delusions: The new way to inheritance? I hope Buzz is given a proper hearing!
On another side, accusations are all that is needed for police to confiscate you weapons according to the new anti-gun laws of New Mexico. No hearing just accusations!
Sounds like this is a Revocable Trust. If somebody *really* wants to provide assets for offspring that can’t be dinked with, they should set up an Irrevocable Trust. Setting up one of the recipients of the trust to be the trustee is just begging for trouble.
Is a woman involved?
Wodun someone always had to make dark humour, no matter what!
I wish it was humor but you get old enough and you see a lot of different ways family spats take place.