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Orange County

Daughter to Inherit From Renee Segerstrom Trust

July 17, 2002|MONTE MORIN | TIMES STAFF WRITER

A probate judge has ruled that the stepdaughter of Orange County developer Henry T. Segerstrom may inherit a trust established by her late mother, but that she is not entitled to collect her mother's artwork, antiques and furniture.

Mikette Von Issenberg, 53, the daughter of local arts patron Renee Mary Segerstrom, will now receive the proceeds of three real estate properties. Issenberg had battled Segerstrom for almost two years, saying that her stepfather was holding her inheritance hostage. Segerstrom said that he was merely seeking a judge's opinion on how to untangle the conflicting bequests of his late wife.

Renee Segerstrom, 72, died in June 2000.

The recent ruling by Judge Richard O. Frazee does not specify how much Issenberg will collect, since the value has yet to be determined. Issenberg and her lawyer say the value could be as high as $10 million, while lawyers for the 79-year-old Segerstrom say it is just under $1 million.

"The hope is now that the parties can sit down and work this out without further litigation,'' said Michele D. Johnson, Segerstrom's lawyer.

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