Billionaire's Dog Left Out of Will While Other Canines Benefit from Multi-Billion Dollar Estate

2023-04-12 23:29:46 By : Ms. Jenny J
As the saying goes, every dog has its day. But in the case of Trouble, the beloved pet of billionaire hotelier Leona Helmsley, that day has come and gone. While Helmsley may have famously bequeathed billions to dog charities in her will, Trouble herself has been left with little to show for her owner's fortune.

According to a recent report in the New York Times, Trouble - a Maltese who was known to travel by private jet and have her own personal bodyguard - is now living in relative obscurity in Florida, with just a $100,000 trust fund to her name. This is a far cry from the extravagant lifestyle she once enjoyed, thanks to her famous owner's wealth.
Artifact - How Leona Helmsley's Dog Got Stiffed -- New York Magazine  - Nymag


So how did Helmsley's dog end up getting stiffed, despite her owner's professed love of all things canine? The answer, it seems, lies in the details of Helmsley's will. While the hotelier left a whopping $12 million to her dog charity foundation, she also put strict limitations on Trouble's own inheritance.

Under the terms of Helmsley's will, Trouble was to receive only enough money to cover her basic care needs - things like food, shelter, and medical expenses. Any leftover funds were to be distributed to the charity foundation. And since Trouble's expenses were generally quite modest (relative to Helmsley's massive wealth), this meant that the little Maltese would not have access to the billions of dollars earmarked for dog welfare.

Of course, some might argue that this arrangement was perfectly reasonable. After all, Trouble was already living a life of luxury at the time of Helmsley's death, and many people believe that pets shouldn't inherit huge fortunes while humans go without. Nonetheless, the story of Trouble's inheritance (or lack thereof) has sparked a great deal of interest among animal lovers around the world.

For one thing, the case raises important questions about the ethics of pet inheritance. Should pets be entitled to a share of their owners' wealth? And if so, how much is enough? While some might argue that pets are just property, others see them as beloved family members who deserve to be cared for even after their owners pass away.

Additionally, Trouble's situation highlights the challenges of estate planning for pet owners. While many people assume that they can simply leave money to their pets in their wills, the reality is often more complex. Pet trusts, for example, are a popular way to ensure that pets are taken care of after their owners' deaths - but setting up a trust requires careful planning and professional assistance.

Ultimately, the case of Trouble and Leona Helmsley serves as a reminder that pet ownership is both a joy and a responsibility. While we may love our furry friends dearly, it's important to consider their future needs and plan accordingly - whether that means setting up a trust, donating to a pet charity, or simply making sure that their basic care needs are covered.

As for Trouble, she may no longer be living the high life, but she's still a beloved companion to those who care for her. And while she may not have access to billions of dollars, she's no doubt receiving all the love and attention that any dog could ask for - which is ultimately what matters most.