Ivana Trump, the former wife of Donald Trump, has specified that her left-behind assets, worth $34 million, be split between her three children and two friends.
What Happened: The Czechoslovakian-born first wife of Trump also tried to bequeath to her former husband Rossano Rubicondi, but he died before her. However, she did not leave anything for Trump, reported Forbes.
Trump children Don Jr., Ivanka, and Eric stand to gain from the will as most of Ivana’s assets are to be split between them, according to the report.
The largest beneficiary of the will other than family members is Dorothy Curry, who raised the Trump children as a nanny. She will receive a Florida condo whose estimated worth is reportedly more than $1 million.
Another beneficiary is Evelyne Galet, a friend of Ivana, who receives a property located in St. Tropez, according to the report.
Why It Matters: Ivana made some provisions for charity in her will donating all her clothes to the American Red Cross and the Salvation Army with exception of her furs, which she said were to be sold with proceeds going to the three children, reported Forbes.
The assets left behind by Ivana will lead to Trumps having to file a federal estate tax return as they are reportedly larger than the $12 million tax-free limit allowed by the Internal Revenue Service. The estate taxes could be as much as $8.7 million.
Ivana was buried at Trump’s Bedminster golf club with some assuming a tax purpose behind the move. She died, at the age of 73, at her home in New York City.
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