MILLIONAIRE LEAVES MONEY TO HIS DAUGHTERS – WITH STIPULATIONS

Manhattan real estate millionaire Maurice Laboz died earlier this year. He left behind a $37 million fortune. The Laboz girls – Marlena, 21, and Victoria, 17 – are set to inherit $10 million apiece when they turn 35. But they can get their hands on some of the money beforehand if they follow the terms of the will. For example:
– Marlena will get $500,000 when she gets married, but only if her husband signs a sworn statement promising to keep his hands off the cash.
– She nets another $750,000 if she graduates “from an accredited university” and writes “100 words or less describing what she intends to do with the funds” – with the trustees appointed by her dad to oversee her money and approve her essay.
– Each daughter is guaranteed to receive an annual payout of three times the income listed on their personal federal tax return.
– If the daughters have kids and don’t work outside the house, the trustees will give them each 3 percent of the value of their trust every January 1. There’s one catch: The money flows only for a “child born in wedlock.”
– The sisters could earn 3 percent of the value of their trust for being “a caregiver” to their mother, Ewa Laboz, 58, whom their father was in the middle of divorcing. She got nothing in the will and has indicated that she will contest it.
Maurice Laboz signed the will in April 2014, about nine months before he died at age 77. The rest of Laboz’s fortune is set to go to charities, including The Michael J. Fox Foundation for Parkinson’s Research and Meals on Wheels.
* Oh, one other stipulation – the girls have to spend a night in the old abandoned insane asylum.
* Gee, micromanaging much?
* Here’s what you do: Get a venture capitalist to hire you as a “consultant” for a huge amount of money. File your taxes, collect three times your salary, give him two-thirds of that. You both end up with twice what he paid you in salary.
* Wait – go to college and win $750,000? At that point, why would you need a college degree?
* Trust me. I worked it out on paper. (X+3X) – 2X = 2X for each of you, X = equals your salary.
* This is even more complicated than Whitney Houston’s will.
* So here comes the marriages for all the wrong reasons leading to a life of misery for his kids.
* Nice to see a father putting his faith in his kids – knowing that he raised them to think for themselves.