Walt Disney World is a great vacation spot and a wonderful way to spend the holidays. We just returned from there with our three children. So it's ironic that we recently learned about a messy court fight involving two of Disney's grandchildren and their share of the massive Disney fortune.
Disney passed in 1966 at the age of 65. He left behind two daughters and 10 grandchildren. One of his two daughters, Sharon Mae Disney, had married and then divorced a real estate developer named Bill Lund. Lund was the man who located and helped select Orlando, Florida as the site for Disney World. Sharon and Bill had twins, born in 1970, named Michelle and Brad.
Sharon created trusts to pass on her share of the Disney fortune to her three children (her other child was from a prior marriage). Under the trusts, the twins were entitled to substantial distributions.