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ESTATE OF IVISON v. ESTATE OF IVISON

NO. 2022-CA-00837-SCT.

371 So.3d 172 (2023)

In re the ESTATE OF Herbert Bernard IVISON, Jr.: Malouf & Malouf, PLLC v. The ESTATE OF Herbert Bernard IVISON, Jr.

Supreme Court of Mississippi.

September 21, 2023.

Attorney(s) appearing for the Case

ATTORNEYS FOR APPELLANT: MICHAEL J. MALOUF , Jackson, JARED WILLIAM PHILLIPS , ROBERT EUGENE JONES II , Brookhaven.

ATTORNEYS FOR APPELLEE: RONALD C. MORTON , Clinton, JOSIAH CHARLES BURNS.

BEFORE KITCHENS, P.J., MAXWELL AND CHAMBERLIN, JJ.

¶1. Herbert Bernard Ivison, Jr., died with a large number of assets but also a large amount of debt. His Estate included several income-generating businesses but little-to-no liquid assets. The initial executor feared the Estate may be insolvent. Because the assets would have to be sold, Herbert's widow, Rebecca...

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