In light of the current situation, we are offering our clients the opportunity to meet with us virtually, rather than in-person. Please click here to contact us or call 800-756-5596 to schedule your appointment
Our phone lines are currently down, please use 323-391-4162 as an alternative number. Thank you.

Make Informed Decisions
About Your & Your Loved Ones' Futures
Based On Experienced Advice

~|chevron-down~|font-awesome~|solid

Vanderbilt Descendants Feud with Nonprofit over Historical Estate “The Breakers”

| Jul 3, 2015 | Uncategorized |

The Vanderbilt family has fallen into a full-blown public spat with the nonprofit organization that now owns their spectacular Rhode Island mansion called The Breakers.

The Breakers is currently owned and maintained by the nonprofit Preservation Society of Newport that proposes to build a visitors center on a currently empty portion of the estate to accommodate the tourists.

However, the descendants of the Vanderbilts are opposed to the idea.

Some 21 have come out publicly to denounce the plans. This feud even caused the cancelation of Vanderbilt descendant Anderson Cooper’s scheduled speech at the estate last year.

Fox Business reported this story in a recent article titled “Spat over Vanderbilt mansion gets nasty; even descendant Anderson Cooper isn’t spared.”

It is unclear whether the Vanderbilt descendants have any recourse here other than hoping their public opposition persuades the Preservation Society of Newport to change its plans to build the visitors center.

If the society obtained the estate in trust and building the visitors center would potentially violate the trust, then the descendants might have legal recourse. So far reports on this story do not indicate that is a possibility here.

Categories

Archives