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CHICAGO — The wife of millionaire adventurer Steve Fossett, who disappeared while flying his plane in September in rugged Western terrain, asked a court Monday to declare him legally dead.
"As painful as it is for Mrs. Fossett, other members of the family and his many friends, it is time to initiate this process," said attorney Michael A. LoVallo, who filed the petition in Cook County Circuit Court.
The request was a step toward resolving the legal status of Fossett's estate, which according to court papers is "vast, surpassing eight figures in liquid assets, various entities and real estate," LoVallo said.