NOT DISCLOSED
MR ROOSEVELT'S ESTATE DIVISION AMONG FAMILY Press Association—By Telegraph- -Copyright NEW YORK, April 16. Mr Roosevelt's will, dated November 12, 1941. gives Mrs Roosevelt the right to select any or all of his personal property and utilise it during her lifetime. The value of the estate has not been disclosed. The will sets forth that the five children each have the right to select one-fifth of the residual personal property after Mrs Roosevelt has made her selection. Any property not chosen by the widow or children shall be offered to the Government for display in the Roosevelt library or the Roosevelt home at Hyde Park, which was given to the Government in 1944.
Mr Hoosevelt directed that the remainder pf the estate be held by the James Roosevelt. Mr Basil O'Connor (Mr Roosevelt's former law partner), and Mr Henry Hackett, a Ploughkeepsie solicitor—with the income thereof going to Mrs Roosevelt during her_ lifetime. Upon Mrs (Roosevelt's death one-half of the principal remaining in the trust fund, together tvith all accumulations of income, is to be divided equally among the living Roosevelt children. Upon the death of any of the Roosevelt children their children shall derive the share to which the>r parent would have been entitled. The remaining half of the principal is to be divided upon Mrs Roosevelt's death into separate trusts to be held by 'the trustees for the benefit of the Roosevelts' children and gr"'idchildren. ■ ■ Mr Roosevelt bequeathed 5.000 dollars to St. James's Church, Hyde Park, all his personal property in Georgia to the Georgia Warm Springs Foundation, and 100 dollars to every Roosevelt employee. He directed that the family leave the greater part of his personal property in Hyde Park for the Government, so that the general character of the house should be unaltered.
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Bibliographic details
Evening Star, Issue 25462, 18 April 1945, Page 6
Word Count
299NOT DISCLOSED Evening Star, Issue 25462, 18 April 1945, Page 6
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