Walt Disney's twin grandchildren split over a $400 million trust after the trustees paid one twin and refused the other

Sharon Disney Lund, Walt Disney's younger daughter, set up the Lund Family Trust in 1989 and died in 1993. Her twins, Bradford and Michelle, were to receive distributions at 35, 40 and 45 if the trustees judged them ready. The trusts were worth about $400 million in 2014. In 2005 the trustees paid Michelle at 35 and refused Brad, saying he had not shown financial maturity. At 40, in 2010, they did the same. In 2009 Michelle had a brain aneurysm. That year her aunt Diane Disney Miller and two of Brad's half-sisters asked an Arizona court to appoint a guardian for Brad, saying he had chronic cognitive deficits; Michelle joined in 2010. Brad and his father, Bill Lund, opposed it. The Arizona case produced 13 special actions, an appeal and two petitions to the state supreme court. Bill Lund left as trustee after the others alleged $3.5 million in kickbacks; he admitted nothing and an Arizona court awarded him $500,000 a year. After a trial in December 2013, a Los Angeles court ruled for the trustees. In April 2019 the twins and trustees signed a settlement to divide their joint assets. On 12 November 2020 the Los Angeles probate court refused to approve it. When the trustees accepted a $35 million offer for a 110-acre ranch in Teton County, Wyoming, Brad sued; on 5 January 2022 the Wyoming Supreme Court upheld dismissal. That ruling, the latest found, shows the same trustees still managing both trusts.