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Luann de Lesseps Sued By Ex Husband And Children Over Trust Fund Violation!

Luann de Lesseps with children

Luann de Lesseps with children

It’s not often I can say “shocking news” when it comes to a reality star, but this year Luann de Lesseps is definitely making the best headlines. In the most interesting way. The latest is that Luann is being sued by her ex husband and her children for allegedly violating divorce agreement over the kids’ trust funds.

Luann and Count Alexandre divorced in 2009, and as part of the split she got possession of their Bridgehamptons home. Luann subsequently sold the home for $8 million to purchase a smaller house in Sag Harbor for $3.1 million. It always seemed like Luann had kept her finances together and accepted that she’s no longer living an Uber-wealthy lifestyle (unlike some of her fellow divorced Real Housewives Of New York stars. Ahem… Sonja!). Until now. 

As per the divorce decree, Luann was to set up a trust for Victoria and Noel funded from half the interest of the Bridgehampton home. Apparently she never did this.

It seems like this could be a matter worked out within the family, but I guess not. Page Six reports that the suit, filed in Suffolk County Supreme Court, came about when Luann announced plans to buy a “luxury home in upstate New York.” To fund this she “threatened” to use cash from the sale of her Sag Harbor home, or just heavily mortgage it.

The lawsuit requests that a judge issue an injunction blocking her from selling or obtaining a loan on the Sag Harbor house, because legally half of the house is supposed to be owned by her kids. TMZ says the kids fear they would never get their cut of any proceeds from the sale so they also want the judge to declare that Luann is in breach of divorce.

This is shocking considering how close Luann appears to be with her children, and also the amiable relationship she has with her ex. In fact they all just spent July 4th weekend together! I hate seeing families fall apart over money. What is going on?!

TELL US – DO YOU THINK THIS WILL BE WORKED OUT QUIETLY OR DO WE HAVE A POTENTIAL MESS ON OUR HANDS?

[Photo Credit: Instagram]

 

The post Luann de Lesseps Sued By Ex Husband And Children Over Trust Fund Violation! appeared first on Reality Tea.

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