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Tycoon's daughters contesting conditions of their $20m inheritance
New York City millionaire Mauric Laboz died earlier this year, aged 77 He left each of his daughters, Marlena, 21, and Victoria, 17, $10million each But put list of stipulations or else they will have to wait until they turn 35 Remainder of the $37million fortune will be given out to charities Two sisters who cannot access their $20million inheritance until they are either married with children or turn 35, are taking their case to court.
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How to Borrow on Your Inheritance
Probate can be a long, drawn-out process, especially if the estate has to file a federal income tax return and wait for a return letter from the Internal Revenue Service approving the close of the estate. What happens if you cannot wait that long for access to your inheritance?
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