Tuesday, April 21, 2009

Helmsley estate trustees betray her wishes

When Leona Helmsley died in 2007 her will left her entire $5B - $8B fortune to dog related charities. However, a court decided that the trustees of her will had sole discretion over how her fortune was to be divided. Today it was announced that they will be giving a comparatively paltry $1M to dogs divided among 10 charities. Oh well.

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