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    $8 billion gift to make Leona Helmsley's trust #7 in US
    melizer
    by melizer  9-4-2007   
     No Remarks
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    Last Will and Testament of Harry Helmsley (1909 -1997)
    melizer
    by melizer  8-30-2007   
     He couldn't even leave his secretary a year's salary? Lord help her if that WAS her annual salary...
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    HEIR OF THE DOG: LEONA WILLS $12M TO A POOCH
    melizer
    by melizer  8-30-2007   
     She had at least enough to give all four of her grandchildren A BILLION EACH. And maybe enough to give them each two billion! Not that she should have, giving the bulk of the estate to charity is a good thing. But it just magnifies the pettiness of her distribution to the family.
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    Leona Helmsley: confidential probation report
    melizer
    by melizer  8-29-2007    1
     No Remarks
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    Leona Helmsley's will leaves $12 million to her dog
    melizer
    by melizer  8-29-2007    7
     Is there a lawyer in the house? :) Q: What will happen to the money remaining in the trust (assuming the caretaker only spends a reasonable amount on the care of the dog) when the dog dies? Q: How is the stipulation that the grandchildren visit their father's grave once a year enforced? How would five million dollars be doled out this way? Could they get it all up front and then somehow have to pay it back if they reneged? If they never visited, they "wouldn't get a penny". If they visited the first year, how much money would they get? If they went several years, and then never went again, what would happen? Inquiring minds want to know. :) Update: "If David or Walter fails to visit the grave during any calendar year, her or his interest in the separate trust established for her or his benefit shall be terminated at the end of such calendar year and the principal of such trust shall be disposed of as if such beneficiary had then died." See my related NY Post clip
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