Jimmy Buffett's Children Divided Over $275M Trust

Eldest daughter Savannah wants to keep father's longtime adviser as co-trustee, while siblings raise concerns over trust's liquidity

Mar. 14, 2026 at 1:05am

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Jimmy Buffett's three children have taken different positions in the legal fight over the late singer's $275 million trust. Savannah, the eldest, wants to keep Buffett's longtime adviser Richard Mozenter as co-trustee, while her siblings Cameron and Delaney are concerned about the trust's liquidity and future viability. Buffett's widow, Jane Buffett, is seeking to remove Mozenter as co-trustee, accusing him of 'wasting' the trust's assets and withholding financial information.

Why it matters

The dispute over Buffett's $275 million trust highlights the complexities and tensions that can arise within high-profile families when it comes to managing significant wealth and assets after a loved one's passing. The case also sheds light on the challenges of balancing the interests of beneficiaries, trustees, and the overall preservation of a trust's financial health.

The details

In a Feb. 12 court hearing, Savannah's attorney argued that Mozenter should remain as co-trustee, describing him as 'one of the Three Wise Men in Jimmy's world' with 'longstanding and institutional knowledge.' However, Savannah's siblings Cameron and Delaney are focused on the trust's liquidity and long-term preservation of assets, concerned that there be enough money left to support their mother Jane as well as eventual distributions to the beneficiaries. Meanwhile, Jane Buffett has accused Mozenter of 'wasting' the trust's assets and withholding financial information, leading to the ongoing legal battle between the co-trustees.

  • Jimmy Buffett named Jane Buffett and Richard Mozenter as co-trustees of his $275 million trust before his death in 2023.
  • In August 2025, attorneys for Mozenter presented screenshots of alleged text messages between Savannah and Jane in which Jane appeared to threaten to cut Savannah out of the trust.
  • On February 12, 2026, a court hearing was held where the siblings' divergent positions in the trust dispute were outlined.

The players

Savannah Buffett

Jimmy Buffett's eldest child, who opposes her mother's effort to remove Mozenter as co-trustee.

Cameron Buffett

One of Jimmy Buffett's children, who is concerned about the trust's liquidity and long-term preservation of assets.

Delaney Buffett

One of Jimmy Buffett's children, who is concerned about the trust's liquidity and long-term preservation of assets.

Jane Buffett

Jimmy Buffett's widow, who is seeking to remove Richard Mozenter as co-trustee, accusing him of 'wasting' the trust's assets and withholding financial information.

Richard Mozenter

Jimmy Buffett's longtime adviser, who was named as a co-trustee of the $275 million trust.

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What they’re saying

“Rick was entrenched in Jimmy's world. He was one of the Three Wise Men in Jimmy's world.”

— Jared Gelles, Savannah Buffett's attorney

“I don't want any of this to be heard that Savannah doesn't want for Jane what Jimmy wanted for Jane from a financial standpoint. She does. She does very firmly. But she also wants Jimmy's wishes to be honored.”

— Jared Gelles, Savannah Buffett's attorney

“What my clients want to emphasize to the Court is that this is — despite the big numbers you hear — this is not a terribly liquid trust.”

— Peter Sachs, Cameron and Delaney Buffett's attorney

What’s next

The judge will decide on whether to allow Richard Mozenter to continue as co-trustee or remove him from the role as requested by Jane Buffett.

The takeaway

The dispute over Jimmy Buffett's $275 million trust highlights the complex family dynamics and competing interests that can arise when managing significant wealth after a loved one's passing. The case underscores the importance of clear estate planning and the need to balance the desires of beneficiaries, trustees, and the overall financial health of the trust.