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Dog loses $10m - Pet insurance
Posted :
20-06-2008
A dog which had a $12 million (£6 million) windfall when its owner died has seen its inheritance cut by £5 million.
Trouble, the toy Maltese terrier of property billionaire Leona Helmsley, lost the fortune after the will was contested by two of the deceased's grandchildren.
Courts cut the dog's trust fund to just $2 million, giving $4 million to Craig Panzirer and $2 million to Meegan Panzirer, while an undisclosed charity will receive the remainder of the funds, according to the New York Post.
The nine-year-old dog will now spend the rest of her days with one of Mrs Helmsley's former employees in Florida.
However, the dog might still just be able to manage on its remaining fortune.
The courts heard that in addition to the usual expenses such as food and pet health insurance, the dog needs $8,000 a year just to cover her grooming fees.
Edward Alava, a former Trouble groomer, told the newspaper the expenses would cover four beauty days a week for the pampered pooch.
In Trouble's routine, he revealed, is paw clipping and filing, a one-hour deep-body massage, a 20-minute hot-oil conditioning and tooth brushing.
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© Adfero Ltd The views expressed within the article are entirely those of Adfero Ltd and are not those of BDML Connect Ltd
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