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Deceased Sandy Hook woman's estate declared insolvent

Another chapter is closed in the fall out from the shootings at Sandy Hook School, according to the Hartford Courant.  Northern Fairfield County Probate Court Judge Joseph Egan has declared Nancy Lanza's estate insolvent.  Court documents show a final accounting of her money. 


About $13,500 in state and federal taxes was paid, nearly $19,000 in legal bills to settle the estate was paid and $10,000 in maintenance expenses for her former Yogananda Street property. 


The house was sold for $1 to a bank in 2014 and the deed was turned over to the town.  Newtown officials decided to demolish the house and let the land return to nature. 


A case was settled between some of the victim's families and the estate agreeing that a homeowner's insurance policy be divided equally.  The lawsuit alleged that the woman knew or should have known that her son's mental and emotional condition made him a danger to others.

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Dave Rinelli

Local Headlines