Good jobs, good husbands, and strictly legitimate grandchildren.
What more could a Dad ask for, from beyond the grave, via a will full of huge cash incentives?
Real estate millionaire Maurice Laboz, who died earlier this year, has left more than half of his $50 million fortune to his two daughters, Marlena, 21, and Victoria, 17.
But they have to jump through some pretty tight hoops to get it.
Here’s the deal. Each girl will get her 13 million smackeroos at the age of 35, regardless. However, if they want to get cashed up a little earlier in life, they have to follow Daddy’s rules.
– Marlena will get $687,000 if she marries, but only if her husband signs a contract stating that he won’t touch a single penny. (Doesn’t look like Victoria gets a wedding bonus. Favouritism, much?)
– Marlena (again with the favouritism, Dad!) gets $1 Million if she graduates from an accredited university, but here’s the catch: She has to write a 100 words-or-less essay describing her intentions for the funds, which will then be assessed by the trustees appointed by her father. (Just when she thought she’d graduated, BAM… she has to write another essay. Well, a paragraph, but still…)
– Both daughters (finally) will receive a payout of triple their annual income from the year 2020, based on their federal tax return. Which gives the girls five years to bag good jobs.
– If the girls have children and don’t work outside the house, they will receive 3 percent of the value of their trust every January 1. But… ONLY FOR CHILDREN BORN IN WEDLOCK. Harsh, Dad. Harsh.
– The sisters will earn the same amount if they become a ‘caregiver’ to their mother, Ewa (who did not get a single penny and is contesting the will in court), whom their father was divorcing at the time of his death.
Sigh. Parents always think they know best.
We particularly like the 100 words-or-less essay stipulation. Will “I intend to blow it on shoes and good sandwiches” pass Dad’s test?
Probs not.
Good luck, girls. The remainder of the fortune will go to charities (good on you Maurice), including the Michael J. Fox Foundation for Parkinson’s Research and Meals On Wheels… even if they serve children born out of wedlock.
Top Comments
I hate him he want surely to make lives of his daughters like horror i can't say a word about abandoning his wife after all...He is one big cruel devil with no feelings..I wish his children find a job rent a apartment and start new life full of joy and happiness without much money and unecessary stress make new friends and forget about his money for sometime this is terrible how he can be to his children they yes need to work but they need also to enjoy life sunbathe,go to parties,be active in sports etc...His daughters also can study and still enjoy and be even more sucessful...
If he's that controlling in death, I would hate to have seen what he was like when he was alive!
Only someone with an entitlement hysteria would say something so pathetic. This is hardly controlling at all - it is Daddy expecting his kidlets to EARN THEIR MONEY the way he did, instead of just inheriting it and pissing it all away.
Every parent should attach stipulations to their inheritance, regardless of amount.
I know when I die, I will leave exactly 1% of my estate (after liquidation) to each child, with the rest going to worthy causes. All funeral expenses will be covered 100%, and a party to be held afterward. That's where it ends.
There will be no home. No car(s). No boats. No jewelry. Nothing. It ALL gets liquidated upon death, and then a funeral gets arranged and paid for entirely - with 1% of liquidated assets distributed.
My kids can EARN their way in life. Not have it handed down to them.
Only someone with an entitlement hysteria would say something so pathetic. This is hardly controlling at all - it is Daddy expecting his kidlets to EARN THEIR MONEY the way he did, instead of just inheriting it and p!ssing it all away.
Every parent should attach stipulations to their inheritance, regardless of amount.
I know when I die, I will leave exactly 1% of my estate (after liquidation) to each child, with the rest going to worthy causes. All funeral expenses will be covered 100%, and a party to be held afterward. That's where it ends.
There will be no home. No car(s). No boats. No jewelry. Nothing. It ALL gets liquidated upon death, and then a funeral gets arranged and paid for entirely - with 1% of liquidated assets distributed.
My kids can EARN their way in life. Not have it handed down to them.
Wow, I think that you are a pretty heartless person. If I am able to provide wealth for my child on death, then I will. Life is too short to make your child wallow and struggle. Just wow.
This guys is also trying to control his daughter's reproduction, marriage, job (what if they don't want a high paying job, but instead do something worthwhile for less pay? Like a teacher or aid worker?). He is also not giving a cent to his wife, who probably looked after his home and kids while he made his money. So I stand my my comment.
"Life is too short to make your child wallow and struggle."
Thank you for confirming what I said initially about you obviously possessing an entitlement mentality. That one sentence clarified it perfectly.
Struggle is what helps define character. Struggle makes you think about the BIG PICTURE instead of myopic, one dimensional pursuits and indulgences. Struggle helps one achieve the delicate balance between needs and wants, placing needs well above wants. Struggle keeps our spending in check because that handbag may be the difference between paying rent this month or not, so decisions have to be made. Struggle teaches us coping mechanisms...what we do when we realize that we can't have this or that unless we do this or that to better our position in life. Struggle teaches us compromise. Struggle teaches us priorities. Struggle teaches us to work not only harder, but smarter as well. Struggle breeds creativity that we may not have otherwise known we had. Struggle teaches us to be appreciative of those things we do have instead of lamenting about the things we do not have.
Most importantly...struggle teaches us the one thing you seem to lack the most - humility.
So I too stand by my comment.