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Daughters inherit $20 million, only if they follow the instructions in daddy's scary will
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  • Daughters inherit $20 million, only if they follow the instructions in daddy's scary will

Daughters inherit $20 million, only if they follow the instructions in daddy's scary will

FP Staff • July 29, 2015, 19:53:50 IST
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Daughters of millionaire Maurice Laboz will inherit $20 million only if they follow the instructions on their father’s scary will.

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Daughters inherit $20 million, only if they follow the instructions in daddy's scary will

We’ve heard of parents trying to control their children’s lives but late millionaire Maurice Laboz probably took this habit to an entire new level. [caption id=“attachment_2370292” align=“alignleft” width=“380”]Representational image. Agencies Representational image. Agencies[/caption] Seventy seven-year-old Laboz passed away in January, 2015 and left behind a $37 million fortune, according to Metro. Out of that money, his three daughters inherited around $20 million. But the inherited money has come with so many restrictions specified in Laboz’s will that it’s difficult to decide whether the girls should feel happy or sad. For example, 21-year-old Marlena Laboz will only get $500,000 before she is 35 years old if she marries and her husband signs a contract promising never to touch the money. As if the marriage rule wasn’t enough, New York Post also reported that Marlena will get 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.” If they get a job, both the daughters will also get an annual payout of three times the income which they earn after getting the job. “It’s a way to control things from the grave,” NY Post quoted estate lawyer Jeffrey Barr as saying. “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.”

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