Thursday, January 05, 2023

Aaron Hernandez' Ex Fiancée Accused of Squandering Daughter's Trust Fund


Six years ago NFL star tight end Aaron Hernandez committed suicide in prison after he was convicted on murder charges [click here if you missed that]. 

Now his baby mama, Shayanna Jenkins-Hernandez, is being accused of draining their daughter's trust fund...

The fight started in September when Shayanna Jenkins-Hernandez said she couldn’t afford the $10,697 bill for her daughter’s dance lessons.
So the former fiancée of disgraced New England Patriots star Aaron Hernandez asked a court-appointed trustee to pay the bill from a trust fund that had been set up for their daughter, Avielle, after Hernandez committed suicide while in prison for murder in 2017.
But the trustee, attorney David Schwartz, said no. By his calculations, Jenkins-Hernandez already was receiving a separate source of funds outside the trust — $150,000 a year or more from Hernandez’s NFL pension and Social Security that was supposed to pay for the 10-year-old’s daily expenses. He couldn’t imagine why she needed more.
Then Schwartz reviewed how Jenkins-Hernandez had been spending the money: $36,858 on clothing, including maternity wear; $39,347 on home goods; $25,577 shopping online; $11,792 in “self care,” including gym fees, and visits to hair and nail salons.
“There is reason to question whether the expenditures were for Avielle’s benefit,” said attorney Robert O’Regan, who is representing Schwartz in the court dispute. “To be fair, this little girl should have a decent life with what her father left for her. No one would complain if there were reasonable expenses. We’re talking about over the top or otherwise unrelated expenses to Avielle.”
Now Schwartz and Jenkins-Hernandez are locked in a battle over who controls the money that remained after the death of Hernandez, who hanged himself in prison after being convicted of murdering Odin Lloyd, the boyfriend of Jenkins-Hernandez’s sister. Just a few days before his death, Hernandez had been acquitted of a separate double murder in the South End.
When Schwartz declined to pay Avielle’s dancing bill, Jenkins-Hernandez promptly asked a Bristol County probate judge to remove him as trustee, arguing he was potentially forcing the child to give up her favorite extracurricular activity. Jenkins-Hernandez, who gave birth to a second daughter by another man in 2018, insists she hasn’t improperly spent money and the money from the trust fund should be available when she needs it.
But Schwartz said Jenkins-Hernandez appears to have broken the rules and he has asked that she be removed as Avielle’s conservator, a court-appointment that allowed her to set up the trust fund Schwartz now administers. If she loses that role, a new conservator would receive Hernandez’s pension and Social Security checks and decide how the money should be spent.
The trust administered by Schwartz paid for her current Rhode Island home and all related expenses, as well as Avielle’s school tuition. Separately, Jenkins-Hernandez directly receives Hernandez’s pension and Social Security payments, although Schwartz said those funds, too, are supposed to be spent exclusively for the benefit of her daughter.
As the conservator for her daughter, Jenkins-Hernandez was supposed to file annual disclosures for the last several years as to how she was spending the money, but Schwartz said she only recently began submitting them.
Schwartz was shocked by what he saw on the expenditure forms: tens of thousands of dollars in what he called “questionable” expenses, such as $4,800 in charges at Harrods Department Store, that seemed to benefit her more than her daughter. She made $29,650 in ATM withdrawals and paid $13,778 in bank charges — mostly overdraft fees.
“There is every reason to question whether and how (Jenkins-Hernandez) is applying the significant resources that should be available to pay for Avielle’s daily needs, including dance lessons, especially since all of her basic housing security and educational expenses are paid from the trust,” wrote O’Regan, a partner in the law firm Burns & Levinson, in a filing submitted on Schwartz’s behalf.
Schwartz was particularly concerned that Jenkins-Hernandez reported spending $39,655 on education — including $3,720 for Bay Path University, a private university in Western Massachusetts.
“Avielle is not in college,” wrote O’Regan, and her school bills are already paid for from the trust.
Jenkins-Hernandez also spent $12,830 on something called “Ask My Accountant.” Neither Jenkins-Hernandez nor her lawyer, would explain what that is or discuss any other specific expenditures.
Going forward, O’Regan argues, Jenkins-Hernandez should no longer be entrusted with funds for her daughter, who is eligible to receive the trust funds when she turns 25. Currently, the fund contains around $700,000.
“I believe that (Jenkins-Hernandez) has been co-mingling the child’s funds with her own,” wrote O’Regan in a court filing. ”I believe that Ms. Jenkins-Hernandez’s ongoing conflict, her almost five-year-long record of excessive expenditures, continuous violation of this court’s decree … and her failure to file an inventory and up to date accounts all indicate that despite what might be her best intentions, Ms. Jenkins-Hernandez is not effectively performing her duties as conservator.”

15 comments:

Anonymous said...

Dang chica! She should’ve invested, got a job, start a business or something. Instead she had another baby and fumbled the bag. Dang sis. 🤦🏾‍♀️

Anonymous said...

Before giving her conservatorship, they should have also provided her with mandatory money management raining. I am not surprised by this outcome. Average people do not have money management skills. Most people are not have an entrepreneur's spirit.

I'm glad that the attorney stepped in and is putting an end to her reckless spending before the trust hit a zero balance.

Anonymous said...

She didnt come off as too bright and was with all the shitttz
Didn't she get a new man why isn't she living within his budget.

Anonymous said...

Good job Attorney Schwartz. With the way she’s living through the fund, that beneficiary won’t have much left when she’s an adult and can receive it.

Anonymous said...

I agree with the majority on here. With all that money the average person does not know how to budget like that. I am glad Schwartz stepped in and caught what was going on because if he did not she would have ran through all of her daughter's money and she is only 10 years old.

Anonymous said...

Whachu expect? She knew what Aaron was up to and she stayed with him.

Anonymous said...

$39,347 on home goods: Thats the price of a modest home in some states. What kind of home goods cost that much money? Rat and roach?
$11,792 in “self care,” including gym fees, what kind of gym cost that much money and your still fat?
She must be taking care of some simp bum from the hood with no job.

Anonymous said...

This broad just wants plastic surgery and post the new fake body on ALL social media platforms.

I always wonder why he choose such a ugly woman.

But it all made sense when his long time gay lover put him on blast.

and the dude he killed looks homo too....this was a fag*ot killing as per usual in the NFL

https://www.dailymail.co.uk/news/article-7865401/Aaron-Hernandezs-secret-gay-lover-opens-relationship.html

Anonymous said...

This chick got over $850,000 from his estate, CASH. 💰So there is no reason for her to touch or even look at that child’s trust fund. The fact that she is spending that trust money means she blew thre that $850,000 and is on to spending her daughter’s cash. She definitely needs to be removed and another trust executive put in place. Just like when Wendy’s money was being raided by Kevin and his mistress, the bank was like nope and shut it all the way down. Someone needs to shut her down or her daughter will have nothing that her father left for her. Over 40 grand at HomeGoods? They should remove her just for that alone.

R in NYC said...

I ain't saying she's a gold digger but....

Anonymous said...

$40,000 at Home Goods is possible if you’re redoing a large living room from scratch. She’s not a golddigger but she's a ratchet piece of trash who ignored the fact that she lived with a murdering madman. We shouldn’t expect much from her.

The King Of The Real said...

She is incapable of having that money

Lynny said...

Yes she alway seemed ghetto, unattractive, and a Fu&$en weirdo to me…

Anonymous said...

@4:18, thanks for the clip. It was very informing. I had never heard or seen the lover before.

Anonymous said...

Karma came calling, I feel for the child. She needs to face reality the gravy train is over. Wasn't it supposed to 6 million to the daughter??

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