
Jimmy Buffett’s widow accuses financial adviser of breaching fiduciary duty in $275M trust battle
Jimmy Buffett’s widow, Jane Buffett, has asked a Florida judge to remove her late husband’s financial adviser, Richard Mozenter, as cotrustee of his $275 million estate. On Monday, she accused Mozenter of breaching fiduciary duties, withholding information about the trust and charging unreasonable fees. Jimmy Buffett, known for his “Margaritaville” empire, passed away on Sept. 1, 2023, at 76. Legal battles between Jane Buffett and Mozenter have unfolded in both California and Florida, with each accusing the other of mishandling funds. Jane Buffett’s filing claims their working relationship is “untenable” and seeks Mozenter’s removal from overseeing the trust.