Leona Helmsley Leaves $12M to Her Dog, but Nothing to 2 Grandchildren

joepole · 08-29-2007, 01:46 PM

She did leave it to charity, a charity that takes care of her dog.

piemaker720 · 08-29-2007, 03:21 PM

Quote:

Originally Posted by joepole

She did leave it to charity, a charity that takes care of her dog.

You need to read the article. It said the dog gets 12 million and her brother that will be caring for the dog got several million himself, as did two of 4 grandchildren. There is no charity that takes care of her dog. Even if that dog lived another 7 years could it eat 12 million dollars worth of food.

Al Swearengen · 08-29-2007, 05:48 PM

Regardless, its her money and she can do whateverthehell she wants with it.

joepole · 08-29-2007, 05:52 PM

>It said the dog gets 12 million and her brother that will be caring for the dog got several million himself, as did two of 4 grandchildren.

1. Dogs can't inherit money, she didn't leave any money to the dog, she left money to a trust or some similar construction whose stated purpose is the welfare of the dog

2. She left money to some entity to take care of another entity that cannot take care of itself. That's the definition of a charity. A charity that serves one animal is still a charity.

Texasbelle · 08-29-2007, 07:41 PM

Good for Leona not leaving money to greedy children! I highly support that action!

08-29-2007, 05:48 PM	#3
Al Swearengen Advanced Member Join Date: Aug 2006 Posts: 849 Rep Power: 248	Regardless, its her money and she can do whateverthehell she wants with it. __________________ Molon Labe!

08-29-2007, 07:41 PM	#5
Texasbelle SBLive! Veteran Join Date: Mar 2007 Location: In the woods Posts: 1,819 Rep Power: 266	Good for Leona not leaving money to greedy children! I highly support that action! __________________ One shoe can change your life! Cinderella

08-29-2007, 01:46 PM	#1
joepole SBLive! Veteran Join Date: Sep 2006 Posts: 1,606 Rep Power: 259	She did leave it to charity, a charity that takes care of her dog.

08-29-2007, 05:52 PM	#4
joepole SBLive! Veteran Join Date: Sep 2006 Posts: 1,606 Rep Power: 259	>It said the dog gets 12 million and her brother that will be caring for the dog got several million himself, as did two of 4 grandchildren. 1. Dogs can't inherit money, she didn't leave any money to the dog, she left money to a trust or some similar construction whose stated purpose is the welfare of the dog 2. She left money to some entity to take care of another entity that cannot take care of itself. That's the definition of a charity. A charity that serves one animal is still a charity.

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