One New York billionaires who once said 'only the little people pay taxes' has taken charge of what happens to her dollars when she dies by leaving it all to dogs. Her family and friends get nothing while her dog - Trouble - gets several million dollars and dogs in general get billions.
This New York hotelier and real estate tycoon came up against her dilemma of what to do with so much money when it came to will writing and decided her 'Queen of Mean' image should stick after she dies. I've no doubt that wish has been brought to fruition - and not just for her meanness towards her employees!
An entire charitable trust valued at between five and eight billion dollars has been allocated for the care and welfare of dogs. There was an original plan when the billionaires first thought about will writing to leave a large amount of her estate for the aid of poor people but she obviously thought dogs would be a more worthy cause! There has been controversy over the will and it was claimed in court that she was not in her right mind when making her will so a judge ordered that her dog receive only $2 million instead of the planned $12 million.
Some stars prefer to leave their nearest and dearest out of their wills simply to teach them that life is hard and you only get somewhere by sheer hard work and determination. I, for one, think this a little mean. By all means, hold some back, but who in their right mind would not want to help their children out as best they could when they had the opportunity? Who would want to know that their children will struggle when they didn't have to? Not so many years ago, it was the done thing that you worked hard all your life to leave some sort of a legacy for your children - not just a lesson that life is crap!
James Bond star, Sean Connery, has made headlines recently with the news that he will not be leaving any of his 85 pounds million fortune to his son, Jason. The relationship between father and son has, at times, been acrimonious over the years, and this is what has led to the difference of opinion. Connery states that he wants his son to learn the benefits of a career with hard work and to earn his own living. His own career began as barrow boy, lorry driver, labourer, coffin polisher, milkman and artist's model so he certainly knows it's no easy road.
This actor is not alone in the rich people that do not intend to smooth the future financial path for their offspring. Body Shop founder Anita Roddick gave away 51 pounds million to various sources before she died last year. Microsoft founder Bill gates and Paris Hilton's rich grandfather have all dis-inherited their children for various reasons.
There are many emotive issues to take into consideration when will writing and many practicalities have to be covered also but at the end of the day, it truly is up to the individual as to what they do with their own money.