Latest News in the Business and Financial World

Wednesday, April 21, 2021
Log in
  • Home
  • Company News & Financials
  • OTC Markets
  • Tech & Science
  • Health & LifeStyle
  • About WS OTC
    • Analysts & Contributors
    • Contact Us
    • Advertising
    • Feedback
    • Privacy Policy GDPR
  • Mobile
  • Latest News
    • New Theories Explain the Disappearance of the Mayan Civilization
    • What Happens If Coral Reefs Die?
    • Monsanto Loses Lawsuit for its Herbicide Products
    • Mankind (MNKD) shares Plunge after FDA Approves Afrezza, inhaled Insulin for Diabetes patients
    • Psychologists Confirm that Violent Video Games Boost Aggressiveness
    • World of Warcraft: Warlords of Draenor Release Date on Nov 13
    • iPass Global Hotspot Map Unveils Worldwide Wi-fi Coverage

Pages

  • About Wall Street OTC
  • Advertising
  • Analysts & Contributors
  • Contact
  • Feedback
  • Mobile
  • Privacy Policy GDPR
  • Terms of Service

Recent Posts

  • SF Hospital Slaps New Parents with $19K Bill for Baby Treatment
  • Furious Trump Blasts Harley-Davidson for Moving Production Overseas
  • Warning! MRI Machines Could Poison You
  • Flight Attendants More Likely to Get Certain Cancers
  • More Red Meat Allergy Cases Related to Lone Star Tick Bites

Couple Who Fled War-Torn World War II Europe Leaves $847K to U.S. Gov’t

May 22, 2015 By Christina Langfold Leave a Comment

Email, RSS Follow

Couple Who Fled War-Torn World War II Europe Leaves $847K to U.S. Gov’t

A couple that had emigrated from Europe to the U.S. in the aftermath of the World War II decided to leave all their assets to the U.S. government. Although, their last will was found three years ago, only this month was the U.S. Treasury able to collect the $847,212 estate.

The money was deposited at the U.S. Department of the Treasury nine days ago and authorities believe that the couple’s decision was motivated by a sense of gratitude towards the country that had shielded them from the horrors that had followed the WWII.

Nevertheless, Peter Petrasek and Joan Petrasek, who fled Europe in the 1950s, never told anyone anything about their true motives. But Peter Winn, an assistant U.S. attorney that was involved in the lengthy process of estate liquidation, described the case as “interesting.” He also said that such actions reminds America that it was founded by immigrants who were “pretty proud” to be its citizens.

Mr. Petrasek died three years ago on May 20, while his wife died in 1998 of breast cancer. Since her death, neighbors report, the man had led a solitary life. He rarely interacted with them and was keeping a close watch on his finances.

But it took the government three years to collect the money in the couple’s will. In 2012, the authorities were contacted by Carrie Balkema, a lawyer working on behalf of Mr. Petrasek but hired by his neighbor and close friend Ronald Wright.

Balkema recently told reporters that the couple had no surviving relatives or off-springs, so they asked their neighbor to be their will’s executor after their death. Wright hired the attorney for assistance shortly after his friend’s death. The neighbor couldn’t be contacted for comment.

The lawyer explained that most of the money was obtained from selling the Petrasek’s home, but the sum reached nearly $1 million after their bank accounts and Mr. Petrasek stocks were turned into cash.

People close to the couple said that Peter had fled Czechoslovakia soon after the World War II and settled in Canada. There he met Joan and married. A few years later they emigrated to the U.S. The rest of the couple’s life remains largely unknown.

After Joan’s death, Mr. Petrasek didn’t remarry, while in recent years he had let the house in ruin. His neighbor recalls that he was a “frugal man” and fueled his oil furnace with used oil.

Balkema said that she was curious about the case when Wright contacted her, but she also felt sad that the couple had no one to leave their estate to.

Image Source: ABC News

Email, RSS Follow
The following two tabs change content below.
  • Bio
  • Latest Posts

Christina Langfold

Remember that weird girl in school who never quite managed to fit in? Who was always silent and strange? That was me during my entire teenage life. A few years after finishing college (with a degree in arts) I decided that the best way to become more sociable, while also feeling safe, is to test my people skills online.

Latest posts by Christina Langfold (see all)

  • Scientists Discover the Second Fastest Spinning Pulsar In The Universe - Sep 9, 2017
  • Coral Reef Damage Scares Florida Keys Researchers and Businesses - Jun 26, 2017
  • Nike to Slash Global Workforce by 1,400 - Jun 16, 2017

Filed Under: Business

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 72 other subscribers

Mom holding newborn's hands

SF Hospital Slaps New Parents with $19K Bill for Baby Treatment

Jun 29, 2018 By Anne-Marie Jackson Leave a Comment

Harley-Davidson biker

Furious Trump Blasts Harley-Davidson for Moving Production Overseas

Jun 28, 2018 By Anne-Marie Jackson Leave a Comment

MRI machine

Warning! MRI Machines Could Poison You

Jun 27, 2018 By Anne-Marie Jackson Leave a Comment

Flight Attendants More Likely to Get Certain Cancers

Jun 27, 2018 By Anne-Marie Jackson Leave a Comment

Lone star tick sitting on a succulent leaf

More Red Meat Allergy Cases Related to Lone Star Tick Bites

Jun 26, 2018 By Anne-Marie Jackson Leave a Comment

Time magazine cover

Time Admits Sobbing Cover Girl Was Not Separated from Parents

Jun 26, 2018 By Anne-Marie Jackson Leave a Comment

Sunshine and green leaves

Vitamin D Deficiency Could Boost Risk of Lung Disease

Jun 25, 2018 By Anne-Marie Jackson Leave a Comment

Green-light laser pointer

Greek Boy’s Retina Severely Damaged by Laser Pointer

Jun 22, 2018 By Anne-Marie Jackson Leave a Comment

Red Tesla car

Tesla Suing ‘Whistleblower’ over Data Theft

Jun 21, 2018 By Anne-Marie Jackson Leave a Comment

Boiled eggs and mayonnaise

Eating too Clean Can Lead to Orthorexia

Jun 20, 2018 By Anne-Marie Jackson Leave a Comment

NYC mayor Bill de Blasio

NYC Will Allow People to Smoke Pot in Public

Jun 20, 2018 By Anne-Marie Jackson Leave a Comment

A kitten and a puppy sleeping in a bed while hugging each other

Who Is Smarter Between Cats and Dogs? Researchers Have an Answer (Study)

Jun 19, 2018 By Anne-Marie Jackson Leave a Comment

Orthodox church in Greece

Being Religious Is Tied to Longer Lifespan, Study

Jun 19, 2018 By Anne-Marie Jackson Leave a Comment

Bacon and eggs for breakfast

How Does the Keto Diet Work?

Jun 18, 2018 By Anne-Marie Jackson Leave a Comment

Related Articles

  • President Donald Trump and VP Mike Pence

    America Could Be Hit By a 2008-Like Recession in 2020

    Jun 6, 2018
  • Incoming robocall

    Florida Man Behind 96M illegal Robocalls Appears Before Congress

    Apr 19, 2018
  • Overworked government workers in Japan

    Government Computers in Seoul to Shut Down to Prevent Overtime

    Mar 26, 2018
  • Angry McDonald's customer yelling at employee

    Video of MacDonald’s Customer Having Meltdown over Ice Cream Goes Viral

    Mar 19, 2018
  • Daimler luxury Mercedes model

    Daimler Accused of Using illegal Software to Cheat on U.S. Emissions Tests

    Feb 19, 2018
  • Bride and groom

    Here’s Why Being Single Is Hurting Your Wallet

    Feb 14, 2018
  • Bitcoin and Namecoin street ads

    Top Financial Regulator Pushing for Cryptocurrency Regulation

    Feb 9, 2018
  • Bitcoin button on a white keyboard

    China Bans Online Bitcoin Ads, Citing ‘Financial Risks’

    Feb 5, 2018
  • Uber self-driving car

    Uber, Lyft Seeking Monopoly on Driverless Cars in Big Cities

    Feb 4, 2018
  • Model presenting LG washing machine

    LG Washing Machines Will Cost More in the U.S.

    Jan 25, 2018

Categories

  • Business
  • Company News & Financials
  • Diversified Financial
  • Entertainment
  • Featured
  • Health & LifeStyle
  • Micro Cap
  • Mid Cap
  • National News
  • Nature
  • OTC Exchange
  • OTC Markets
  • OTC Research
  • Science
  • Small Cap
  • Sports
  • Tech & Science
  • U.S.
  • Uncategorized
  • Wall Street
  • World
  • World Indexes

Copyright © 2021 wallstreetotc.com

About · Privacy Policy · Sitemap · Terms of Service · Contact