Dating a widow with children

Firing back at their father’s second wife, two children of the late John Paterakis said in a court filing on Monday that her “defamatory and scurrilous” charges against them in a lawsuit over his fortune are an attempt to “squeeze the estate for far more” than the bakery mogul and Harbor East developer intended to leave her.“Essentially, Roula [Paterakis] alleges a fraudulent scheme to deprive her of an inheritance,” William J.

Paterakis and Venice Paterakis Smith said in a petition to Orphans’ Court of Baltimore County.

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She responded to the siblings’ petition with one of her own, alleging that they “have committed outrageous and shocking acts requiring their removal.“It is their demonstrable misconduct, and not the recounting of it, that is ‘scurrilous,’ ” Roula Paterakis’ petition said.

It went on to say that the siblings have “millions of dollars in cash hoards” and other “large sums of money” that belonged to their father.

Two weeks ago, Roula Paterakis filed suit in Baltimore Circuit Court against them, their four siblings, a grandson, a son-in-law and a business associate in Baltimore Circuit Court, saying they concealed much of his wealth to deny her a “rightful share.”The court documents offer two different financial pictures of John Paterakis.

There is the Paterakis who was awash in cash, stashing millions of dollars in safes and “play money” accounts that he used for gambling or buying expensive gifts, according to his wife’s suit in Circuit Court.

And there is the Paterakis of Orphans’ Court, where his will and other documents filed after his death depict someone whose assets were largely held in trusts rather than cash.

His estate was valued at just more than 5,000, including a ,000 certificate of deposit, some stock and a few income tax refunds.

How much Paterakis left behind after his death at age 87 and how much will go to his second wife are at the crux of this family feud.

Paterakis, who turned a small rowhouse bakery into a multi-million-dollar conglomerate and became an influential campaign contributor known as the “bread man” to local and state politicians, lived a life in which personal and financial details were mostly private.

Now, some of that’s becoming public.“It’s going to be messy,” said Angela Vallario, an associate professor at the University of Baltimore Law School who specializes in trusts and estates.

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