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Leona Helmsley’s dog is not as well heeled as she used to be.

Judge Renee Roth of Manhattan Surrogate Court has reduced the trust fund for the little dog, named Trouble, from $12 million to $2 million. Mrs. Helmsley, who died in August, left Trouble the money in her will. The remaining $10 million goes to Mrs. Helmsley’s charitable foundation.

Trouble, a 9-year-old Maltese, lives in Florida with the general manager of the Helmsley Sandcastle Hotel.

New York Times June 17, 2008

Sure, the hotelier and real estate magnate Leona Helmsley left $12 million in her will to her dog, Trouble. But that, it turns out, is nothing much compared with what other dogs may receive from the charitable trust of Mrs. Helmsley, who died last August.Her instructions, specified in a two-page “mission statement,” are that the 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, according to two people who have seen the document and who described it on condition of anonymity.

News last year that the biggest named beneficiary in Mrs. Helmsley’s will was Trouble, her Maltese, led to death threats against the dog, which now requires security costing $100,000 a year. But they also cannot sit on the liquid assets much longer without raising questions from the attorney general’s office, which oversees the use of charitable assets in New York State.

New York Times. July 2, 2008

Madonna and an unidentified Maltese terrier



Written by aterrier

July 2, 2008 at 8:04 am

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