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Jimmy Buffett’s Widow Sues Estate Co-Trustee over $275M Trust

  • Jimmy Buffett's widow, Jane Buffett, filed a court petition on June 3, 2025, to remove co-trustee Rick Mozenter from managing the $275 million estate.
  • The petition follows Mozenter's long delay in providing income projections and his refusal to supply financial details after Jimmy Buffett died in September 2023.
  • Mozenter, an accountant and co-trustee named in Buffett's 2023 estate plan, reported in February 2025 that the trust would yield less than $2 million annually despite $14 million in prior Margaritaville distributions.
  • Jane claims Mozenter has been hostile, stonewalling her requests, billed $1.7 million in fees, and refused to sell costly real estate the family rarely uses, worsening the trust dispute.
  • Jane seeks Mozenter’s removal and replacement by Daniel Neidich, noting the impasse endangers her financial security and requires court intervention to resolve.
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Billboard broke the news in United States on Wednesday, June 4, 2025.
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