STUART, Fla., Feb. 1 (UPI) -- When U.S. financier Edmund C. Lynch Jr. of Merrill Lynch died last year at age 75, his heirs launched into a legal battle over his fortune.
His first wife, children and grandchildren have filed 12 lawsuits in Florida's Martin County, where Lynch, with his second wife, Alice, owned a $3 million waterfront winter home, the Palm Beach Post reported Sunday.
In his will, and in a 1991 revocable trust agreement, Lynch left the bulk of his estate to his widow, including millions of dollars in securities, property in Little Harbour, Bahamas, the Jupiter Island estate and his summer home in Newport, R.I.
Lynch's first wife, Caroline Firestone, 69, and their three grown children claim in their lawsuits that Alice Lynch, 65, unduly swayed her husband of 24-years into cheating his children out of their inheritance
