Showing posts with label "Leona Helmsley". Show all posts
Showing posts with label "Leona Helmsley". Show all posts

Wednesday, July 2, 2008

Leona Helmsley's Estate Goes To The Dogs

Leona Helmsley may have been the queen of mean but she apparently loved dogs:

In a two-page “mission statement,” Leona Helmsley left her entire trust, valued at $5 billion to $8 billion and amounting to virtually all her estate, be used for the care and welfare of dogs.

It is by no means clear, however, that all the money will go to dogs. Another provision of the mission statement says Mrs. Helmsley’s trustees may use their discretion in distributing the money, and some lawyers say the statement may not mean much anyway, given that its directions were not incorporated into Mrs. Helmsley’s will or the trust documents.