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Thread started 05/27/11 1:27pm

Graycap23

After 92 years, millionaire miser’s heirs finally split $100M

hmmm

But in 2011, Wellington R. Burt is the sort of generous benefactor who usually exists only in daydreams — the long-lost relative you never met who leaves you millions of dollars.

With the conditions of a strange will — which barred any money from his estate being distributed until 21 years after the death of his last grandchild — having been met, 12 of Burt’s descendants split a fortune estimated at about $100 million. By 5 p.m. on Monday, each of those 12 became instant millionaires after Saginaw, Mich., County Chief Probate Judge Patrick McGraw ordered full distribution of the estate by that deadline.

It took 20 attorneys working together to get it done, and Citizens Bank Wealth Management, the estate’s trustee, paid out the fortune on Monday.

http://today.msnbc.msn.com/id/43098220/ns/today-today_people/t/after-years-millionaire-misers-heirs-finally-split-m?GT1=43001

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Reply #1 posted 05/27/11 1:33pm

OnlyNDaUsa

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Graycap23 said:

hmmm

But in 2011, Wellington R. Burt is the sort of generous benefactor who usually exists only in daydreams — the long-lost relative you never met who leaves you millions of dollars.

With the conditions of a strange will — which barred any money from his estate being distributed until 21 years after the death of his last grandchild — having been met, 12 of Burt’s descendants split a fortune estimated at about $100 million. By 5 p.m. on Monday, each of those 12 became instant millionaires after Saginaw, Mich., County Chief Probate Judge Patrick McGraw ordered full distribution of the estate by that deadline.

It took 20 attorneys working together to get it done, and Citizens Bank Wealth Management, the estate’s trustee, paid out the fortune on Monday.

http://today.msnbc.msn.com/id/43098220/ns/today-today_people/t/after-years-millionaire-misers-heirs-finally-split-m?GT1=43001

I never thought I wish I could say "thank you great grand pa Wellington" confused

"Keep on shilling for Big Pharm!"
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Reply #2 posted 05/27/11 3:42pm

namepeace

Each of them should engrave on the cornerstone of their new mansions:

GOOD LOOKING OUT, RULE AGAINST PERPETUITIES!

Good night, sweet Prince | 7 June 1958 - 21 April 2016

Props will be withheld until the showing and proving has commenced. -- Aaron McGruder
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