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Dad Mandates Strict Rules for Daughters' $20M Inheritance

Photograph by Instagram

An astute businessman, Maurice Laboz amassed a fortune in real estate over his lifetime. After his recent death at 77, his two daughters were happy to learn that their daddy had left them $10 million each, but the stipulations for the payoff would only come with good behavior.

Marlena, 21, and Victoria, 17, will each inherit $10 million when they turn 35 but Laboz's will states that the daughters could earn early bonuses if they can prove that they are living according to his standards by finishing college, getting good jobs and not having children out of wedlock.

The Manhattan realtor had other strict hoops his daughters would have to jump through in order to earn the fortune he left behind.

  • Marlena will get $500,000 for tying the knot, but only if her husband signs a sworn statement promising to keep his hands off the cash.
  • She nets 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" — with the trustees appointed by her dad to oversee her money responsible for approving her essay.
  • Both daughters get a big incentive to earn decent salaries by 2020. Each young woman is guaranteed to receive an annual payout of three times the income listed on their personal federal tax return. In a not-so-subtle nod to the taxman, their checks will be cut every April 15.
  • If the daughters have kids and don't work outside the house, the trustees will give them each 3 percent of the value of their trust every Jan. 1. There's one catch: The money flows only for a "child born in wedlock."
  • The sisters could earn the same amount being "a caregiver" to their mother, Ewa Laboz, 58.

Laboz left behind a $37 million dollar estate, with $20 million allocated for his daughters and the remainder divided between his favorite charities. His wife Ewa Laboz was left out of the will, which he signed 9 months prior to his death. He indicated in the legal documents that his wife is not entitled to anything due to a prenuptial agreement.

His wife is legally contesting the document, claiming she deserves a portion of the inheritance because they had not yet legally divorced when he died.

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