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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
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.