Potato chip heiress wins again management of fortune

MONTGOMERY, Ala. — The heiress to the Golden Flake potato chip empire is for now again in charge of her fortune after a ruling Thursday by the Alabama Supreme Courtroom.

The courtroom voided a 2019 probate order granting an emergency conservator that got here after two staff claimed that 88-year-old Joann Bashinsky has dementia and is mentally unfit to deal with her huge property.


Justices stated Bashinsky’s fundamental due-process rights have been egregiously violated when the probate courtroom made the emergency choice with out giving her time to acquire counsel after her attorneys have been disqualified. The everlasting petition stays pending earlier than the courtroom.

Joann Bashinsky is the widow of Sloan Y. Bashinsky, Sr. who owned the bulk inventory in Golden Enterprises, Inc., and who was the founder, chairman, and chief govt officer of Golden Flake Meals. Her private property is estimated to be value $80 million, and her total property was valued at $218 million.

Pennsylvania-based Utz High quality Meals purchased Golden Enterprises for $141 million in 2016.


Joann Bashinsky has been locked in a authorized battle with two former staff who declare she has dementia and is now not in a position to handle her property. The petition to nominate a conservator got here after Bashinsky loaned her solely grandson $23 million for his enterprise ventures.

The workers stated the grandson has undue affect over his grandmother. Bashinsky’s attorneys have disputed that she has dementia and that she desires to assist her solely grandson and inheritor.

Justices stated the state of affairs didn’t benefit an emergency motion by the probate courtroom.


Justices stated the petitioners and the probate decide “might all firmly imagine that Ms. Bashinsky’s generosity to her grandson is financially unwise, they usually could also be appropriate in that judgment.”

“However such a priority is just not an event for invoking the emergency procedures afforded a courtroom because of which Ms. Bashinsky was admittedly disadvantaged of correct discover of the listening to and, extra egregiously, not given the chance at that listening to to current her personal explanations for her behaviour.”

Kim Chandler, The Related Press