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Gavel, stock. REUTERS Gil Cohen Magen

Cassini daughter has right to share father's estate

5/31/2012 COMMENTS (1)

NEW YORK, May 31 (Reuters) - The daughter of the late designer Oleg Cassini is entitled to one-quarter of her father's estate under the terms of a 1953 divorce agreement, a New York appeals court ruled on Wednesday.

The Appellate Division, Second Department, affirmed a lower-court ruling that Christina Cassini is entitled to split with her sister 50 percent of their late father's estate, which has been estimated to be worth as much as $52 million, according to court documents.

Cassini, a famous fashion designer who outfitted the likes of Jacqueline Kennedy Onassis, died in 2006 at the age of 92. Christina is one of two daughters Cassini had with the actress Gene Tierney.

A Hollywood starlet who rose to fame in the 1940s, Tierney was married to Cassini between 1941 and 1952. Their divorce was finalized in California in 1953 and stipulated that Cassini was to split half of his estate equally between the couple's two daughters upon his death.

In May 2007, following Cassini's death, Christina filed a claim in Nassau County Surrogate's Court arguing that she was entitled to 25 percent of her father's estate under the divorce agreement. She did not challenge the validity of the will.

Cassini's widow and third wife, Marianne Nestor Cassini, took the position that the divorce decree was unenforceable. She said the decree was overridden by Cassini's will, which left Christina and sister Daria $1 million and $500,000, respectively. Another $1 million was left to Cassini's brother, and the balance of the estate was left to Marianne Cassini.

In a series of rulings, the Surrogate's Court validated the Cassini daughters' claims under the divorce pact.

Marianne Cassini appealed those rulings, but the Second Department upheld that the 1953 California agreement.

Attorneys for Christina and Marianne Cassini did not return requests for comment on Thursday.

The case is In the Matter of Oleg Cassini, in the Supreme Court of the State of New York: Appellate Division, Second Department, No. 2011-3117.

For Marianne Nestor Cassini: Charles Kaplan and Gregory Lahr of Sedgwick.

For Christina Cassini: Karen Johnson-McKewan, Joshua Rosencranz and Agnes Dunogue of Orrick Herrington & Sutcliffe.

(Reporting by Jessica Dye)

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Comments (1)

9/15/2012 9:36:01 PM by LaurelOlivia

When Marianne Nestor dies all she will be remembered for is greed and trying to steal two daughters inheritance. One of his daughters is mentally ill, shame on Marianne. How can she live with herself. Even if the will did not say to give them anything she should have still given them half. Twenty five million is not enough for her. Shame on her, trying to say that Tina is not his daughter. He claimed her as his daughter always regardless of DNA. How can people that say they are her friend not tell her what a fiend she is being. Some millionaires try to do good and give back......


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