Estate of attorney asks $46M for Palm Beach home amid dispute

The estate faces opposition from the prominent attorney's daughter but listed the home anyway

Miami /
Sep.September 09, 2017 03:00 PM

The estate of deceased attorney Robert Montgomery listed an oceanfront home in Palm Beach for sale for $46 million.

The owner of the house is a trust whose beneficiary is Montgomery’s widow, Mary Montgomery, who is in her 80s.

Montgomery, who died in 2008, was the lead attorney for the state of Florida in a 1997 settlement requiring major cigarette producers to pay $11.3 billion to the state for Medicaid costs for treatment of diseases related to smoking.

The trust that listed the home on South Ocean Boulevard with a $46 million asking price is in a dispute with the Montgomerys’ 53-year-old daughter, Courtnay Montgomery, who lived in the home until spring, when the trustees evicted her.

The trustees filed a petition in April to obtain a court order confirming their right to sell the home. Courtnay Montgomery responded by filing an objection to the petition, claiming that a sale would not serve her mother’s best personal or financial interests, according to her attorney Jennifer Carroll.

The case will be heard in October by a Palm Beach circuit judge, who will rule on whether the trust can sell oceanfront home, Carroll said.

The property includes a main house and a guesthouse with a total of 24,000 square feet of living space. The houses were designed by architect Addison Mizner and built in 1923. The property has seven bedrooms, 11 bathrooms, a half bathroom, two swimming pools and a private dock.

The listing agent is Jim McCann of the Corcoran Group Palm Beach. [Wall Street Journal] Mike Seemuth


Related Articles

arrow_forward_ios
From left: Jim Cohen, Nancy Corey, Nathan Zeder, Alicia Cervera Lamadrid, Phil Gutman and Mike Pappas (iStock)
South Florida’s pandemic-fueled residential market poised for bull run in 2021
South Florida’s pandemic-fueled residential market poised for bull run in 2021
Kathleen DuRoss Ford and 300 North Lake Way (Getty, Google Maps)
Kate Ford’s Palm Beach estate sells for $55M
Kate Ford’s Palm Beach estate sells for $55M
Oprah Winfrey and (inset) Lawrence Stroll over the unit (Getty)
You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
Gables Town Colony apartment complex, Sue Ansel of Gables Residential
Gables Residential scores $85M loan for Boca Raton apartment complex
Gables Residential scores $85M loan for Boca Raton apartment complex
Broadstone City Center with Alliance Residential’s Bruce Ward and Nuveen CEO Jose Minaya
Nuveen pays $103M for West Palm luxury apartments
Nuveen pays $103M for West Palm luxury apartments
Edmund Ansin and the property (Credit: Google Maps)
Billionaire TV family sells Miramar property to Florida Crystals
Billionaire TV family sells Miramar property to Florida Crystals
Toscana apartments and Juan Porro of FCI Residential
Florida Crystals sells Margate rentals for $60M
Florida Crystals sells Margate rentals for $60M
From left: Andrea and Renzo Rosso
Diesel family dishes on Wynwood condo project
Diesel family dishes on Wynwood condo project
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...