Overview

• Jane Buffett filed a petition on June 3 to remove Richard Mozenter as co-trustee of Jimmy Buffett’s $275 million trust.
• She alleges Mozenter took 16 months to deliver a projection showing the trust would generate less than $2 million annually.
• The filing accuses Mozenter of unprofessional and combative communications and notes his firm billed the trust $1.75 million last year.
• Buffett proposes appointing Daniel Neidich, CEO of Dune Real Estate Partners, as her new co-trustee.
• A court hearing to decide the trustee’s removal is scheduled for August 14, 2025.