Substitute Teacher is an Heir of Fortunes worth more than $7.4 Million Gold Plus stocks

Substitute Teacher is an Heir of Fortunes worth more than $7.4 Million Gold Plus stocks

Carson City : NV : USA | Dec 15, 2012 at 1:21 AM PST
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Arlene Magdon,a substitute teacher from California was found to be the only heir to a fortune of gold coins found in the home of a reclusive dead cousin.

Samaszko, 69, lived a quiet life in Nevada's capital city since the late 1960s and no one apparently knew of his wealth. Records show he withdrew just $500 a month from his stock accounts to pay modest bills, said Glover who was handling Samaszko's affairs as public administrator.

Since Samaszko was found in his home, Glover said he and experts brought in to help with the case have made progress in appraising the fortune and disposing of some of the other property, including the house, which sold for $112,500.

They found Arlene Magdon is the only living heir to what appraisers say is an estate worth more than $7.4 million since Samaszko has no living relative at Nevada. But Magdon can not be reach for some comments or reactions.

He said she is taking Samaszko's 1968 Ford Mustang California Special in for servicing this week or next to get it ready for sale. The classic is appraised at about $17,000. Samaszko also had money market, stock and bank accounts totaling $165,570 and $5,330 in other property in the home. But the vast majority of the fortune was in gold coins. Appraiser Howard Herz filed his report several weeks ago listing a total of 2,695 coins appraised at more than $7.4 million.

There are other callers claiming some and all of the monet but they can not present any evidences or papers showing they own the golds.

alfiebon is based in Baguio, Cordillera, Philippines, and is a Stringer on Allvoices.
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