IBM Heiress' Ex-Partner Sues For Stake In Family Fortune - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Business & Finance

IBM Heiress' Ex-Partner Sues For Stake In Family Fortune

Patricia Spado was Olive Watson's domestic partner for more than 10 years until 1992.

A gay woman who claims she was both the daughter and "wife" of multimillionaire IBM heiress Olive Watson is suing for a stake in the Watson family fortune.

Patricia Spado was Watson's domestic partner for more than 10 years until 1992, when the couple split up, according to court records. Before the breakup, Watson -- the daughter of IBM founder Thomas Watson Jr. -- legally adopted Spado in Maine in order to circumvent state laws that forbid them to marry.

At the time, Spado was 44 years old and Olive Watson was 43. Spado contends that the unusual arrangements were intentionally designed to allow her to become Watson's legal heir. Since Spado was legally adopted by Watson, she is technically Thomas Watson Jr.'s granddaughter.

Now, however, the elder Watson's other grandchildren are contesting Spado's claim to a share in a family trust reportedly worth millions of dollars. Thomas Watson earmarked the trust specifically for his grandchildren, and it became active when he died in 1993. He did not know about his daughter's arrangement with Spado, according to court records.

Thomas Watson's blood heirs are arguing in probate courts in Maine and Connecticut that he intended the trust solely for children born to his children, and not their adult partners.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
State of the Cloud
State of the Cloud
Cloud has drastically changed how IT organizations consume and deploy services in the digital age. This research report will delve into public, private and hybrid cloud adoption trends, with a special focus on infrastructure as a service and its role in the enterprise. Find out the challenges organizations are experiencing, and the technologies and strategies they are using to manage and mitigate those challenges today.
News
IBM Puts Red Hat OpenShift to Work on Sports Data at US Open
Joao-Pierre S. Ruth, Senior Writer,  8/30/2019
Slideshows
IT Careers: 10 Places to Look for Great Developers
Cynthia Harvey, Freelance Journalist, InformationWeek,  9/4/2019
Commentary
Cloud 2.0: A New Era for Public Cloud
Crystal Bedell, Technology Writer,  9/1/2019
Register for InformationWeek Newsletters
Video
Current Issue
Data Science and AI in the Fast Lane
This IT Trend Report will help you gain insight into how quickly and dramatically data science is influencing how enterprises are managed and where they will derive business success. Read the report today!
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll