Real Life

The daughters of a businessman will have to play by these rules if they want their $27million inheritance

When you’re the child of a multi-millionaire, you’d expect that your future would be devoid of money troubles – that is of course unless your father is deceased real estate mogul Maurice Laboz.
Marlena, Victoria and Ewa Laboz

New Yorker Maurice Laboz died earlier this at 77, he left behind two daughters, Marlena, 21 and Victoria, 17, who will each inherit about $13 million each when they turn 35.

In an effort to ensure his daughters stay on the straight and narrow the businessman has allowed his girls to inherit more money earlier, if they follow some rules and make certain life choices.

Marlena will get about $687,000 for getting married, but only if her husband signs a stringent prenuptial agreement and she will also rake in an extra $1 million if she graduates “from an accredited university” not before writing, “100 words or less describing what she intends to do with the funds.”

An appointed trustee will oversee the eldest daughter’s essay and determine whether she will be awarded the graduation money.

If his children are earning respectable salaries before 2020 they can expect the annual income stated on their federal tax forms, to triple.

In a nod to 1950’s values, the girl’s dad will reward them for being stay at home mums – earning an additional 3% of the value of their inheritance to be paid out every January 1st.

However Victoria and Marlena can forget about it if they dare have children outside of wedlock.

The girl’s mother Ewa, 58 who was in the middle of a divorce from her late husband won’t receive a dime unless one of their children need to be a caregiver to their ailing mum – in which case the girls will receive the same amount they would if they were housewives.

Estate lawyer Jeffery Barr, who is univolved in the case revealed: “’It’s a way to control things from the grave…You don’t see a lot of it, but it happens. People do it because… they think it’s for the good of the children.”

The remainder of Maurice’s reported $50 million fortune will be donated to charities, including The Michael J Fox Foundation and Meals on Wheels.

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