Saturday 28 July 2012

Famous Estates ? Legacy Champ or Chump? | The Mendel Law ...

Jul 27, 2012 ?/? By: Stephen A. Mendel, Estate Planning Attorney ?/? Category: Uncategorized

Roberta Brooke Astor (1902-2007) ? Philanthropist

Vincent Astor was 20 when his father died on the Titanic and he inherited $87 million. Astor immediately got involved with turning the $65 million in real estate properties into viable investments. He married his third wife, Brooke Astor, in 1953. He lived only six years after his marriage to Brooke and they never had any children. He left her in total control of the Vincent Astor Foundation. Under her supervision the foundation distributed $200 million. She was involved with the Metropolitan Museum of Art, the New York Public Library, Lighthouse for the Blind, the Maternity Center Association, the Astor Home for emotionally disturbed children, the International Rescue Committee, the Fresh Air Fund, and the Women?s Auxiliary Board of the Society of New York Hospital. As a result of her charity work, Astor was awarded the Presidential Medal of Freedom in 1998.

We honor Mrs. Astor because she is clearly a Legacy Champ. If you want to be a Legacy Champ in your own special way, then contact The Mendel Law Firm, L.P., for a free initial consultation on estate planning, trust planning, and/or probate issues.

The Mendel Law Firm, L.P. is a member of the American Academy of Estate Planning Attorneys.

Source: http://www.mendellawfirm.com/blog/uncategorized/famous-estates-legacy-champ-chump-4/

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