The judge overseeing the probate of the hotelier Leona Helmsley’s will has ruled that, contrary to her wishes, the billions of dollars that will flow into the charitable trust she created do not have to be spent solely for the care and welfare of dogs.
The judge, Troy K. Webber of Surrogate’s Court in Manhattan, said that the trustees who control the trust may distribute the money as they see fit.
Judge Webber: “The court finds that the trustees may apply trust funds for such charitable purposes and in such amounts as they may, in their sole discretion, determine.”
Full Article and Source:
Not All of Helmsley’s Trust Has to Go to Dogs
More information:
Helmsley billions not just for dogs
NY court: Helmsley fortune goes to more than dogs
The judge, Troy K. Webber of Surrogate’s Court in Manhattan, said that the trustees who control the trust may distribute the money as they see fit.
Judge Webber: “The court finds that the trustees may apply trust funds for such charitable purposes and in such amounts as they may, in their sole discretion, determine.”
Full Article and Source:
Not All of Helmsley’s Trust Has to Go to Dogs
More information:
Helmsley billions not just for dogs
NY court: Helmsley fortune goes to more than dogs
3 comments:
This is an outrage! We may or may not agree with how Leona Helmsley decided that money would be spent, but we should all agree that it was her money -- her decision.
GET THIS BUM OFF THE BENCH!
Well, what's the point of executing a WILL?????? HMMMMM?
When a judge can override your specific wishes?????
I say if Leona wanted her money to go down the toilet - so be it.
If Leona wanted her money to specifically go to animals, dogs, cats whatever then that is where ALL OF HER MONEY should go.
Post a Comment