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NEW INFORMATION: Money A Motive for Drew Peterson?

May 15 2009, Published 6:18 a.m. ET

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Murder suspect Drew Peterson stood to lose hundreds of thousands of dollars if his former wife Kathleen Savio had lived, it has been revealed. Just a few days before Savio’s body was found in a bathtub at their Bolingbrook home the former cop’s attorney had told him he was to be subpoenaed in their messy divorce battle. He stood to lose a six-figure sum from the sale of their home plus his Sud’s pub in Montgomery.

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In addition Savio was also going to claim half of his $6,000 a month police pension in their settlement. Prosecutors are now probing the divorce as part of their case against Peterson to show potential motive in his former wife’s death.

Savio was found dead on March 1, 2004. Although she and Peterson was already divorced, the trial to resolve distribution of marital assets and child custody was not scheduled until April 6, 2004. After she drowned, Peterson submitted a handwritten will signed by him and Savio specifying that in death all assets would go to the surviving spouse and appointing Peterson's uncle James Carroll as executor.

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Savio's estate was valued at up to $288,000, according to court documents.

"I'm sure that's what Peterson feared -- mostly that she was going to take everything from him," said Sue Doman, Savio's sister, told the Chicago Tribune.

Harry Smith, the attorney who was representing Savio in her divorce, said this week he has turned over to prosecutors the subpoenas he had issued to Peterson regarding his pension and other financial matters. Peterson’s attorney Joel Brodsky claimed that he wasn’t worried about the examination of his client’s divorce.

Brodsky said: “That’s a very weak motive because half the people in America get divorced – so that means that half the people in America have motive to commit murder.” Peterson has been indicted for the murder of his third wife Savio – his fourth wife Stacy remains missing.

(Photo: Zuma Press)

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