Co-guardians George Esernio and Kathryn DeLano, Mike's wife, after stealing everything they could before legally marshalling over four-million dollars in tax-free municipal bonds. You know, the kind you just need to clip the coupons on for the rest of your life and, would net a person nearly 2-3 hundred thousand dollars a year in income. Well, they began by spending eight-hundred thousand in their first year causing bonds to be cashed in, thereby not only reducing principal, but the interest that Mike's bank accounts should receive in income. Throughout the next ten-years, despite objections the entire time from Mike's eldest son Franklin, the excessive spending continued until Mike's money was nearly all gone. Sadly but much richer, Mike's wife and her co-guardian attorney George Esernio, who now needed a big influx of cash to keep the excessive fees and other expenses being paid, not very surprisingly, decided to sell Mike's buildings and land in Queens that he and Franklin had built with their own hands over a period of forty years. Whew, another couple of million of Mike's money to spend on themselves for a few more years before they need to sell the next building. Oh, did I forget to mention that those buildings that Mike built contained other businesses' that Mike owned that were also adding income to Mike's estate for fifty-years. Too bad his wife Kathryn and George Esernio, who charged more in fees than Mike himself ever took in salary, went bust from "mis-management".
So it would appear that Mr. Shaw and his firm are not Saints or knights in shining armor but instead, a bunch of crooks. At least in this example. Want to know more, call Franklin of the NBGAG (National Bad Guardianship Advocacy Group)at (406) 825-5040 or (406)628-4862 or go look up Index No. 24309-I-93 in the Nassau County Courthouse located at 240 Old Country Rd. in Mineola, NY. and be ready for the guardianship shock of your life!