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LORD IVEAGH’S WILL.

MUNIFICENT GIFTS TO PLUNKET FAMILY. £4,400,000 IN ESTATE DUTY. £125,000 FOR PROTESTANT CHURCH IN IRELAND. (From Oua Own Correspondent.) LONDON, November 1L Members of the Plunket family and more than 50 other people are beneficiaries under the will of the late Lord Iveagh, who was head of the Guinness brewery firm. He left property provisionally valued at £11,000,000 in net personality “ as far as at present can bo ascertained.” The estate duty alone on the property at this valuation amounts to £4,400,000, but further amounts of estate duty will become payable on the final agreement of the valuation of the estate and legacy duty varying from 1 per cent, to 10 per cent. It is by the last codicil, dated December 9. 1926, that the bequest is made for public uses of Ken Wood, and the collection of Old Masters recently announced. The principal charitable bequests include: Sixty thousands pounds to the Kintr Edward Hospital Fund for London; £125,000 to the Representative Body of the Protestant Church in Ireland, the income to augment the livings of poorer clergy; the income from £65,000 to St. Patrick’s Cathedral, Dublin, “ during such time as it shall be used for the purposes of the Protestant Church in Ireland.” There is a long list of bequests to servants and employees, and Lord Iveagh authorised his trustees to provide pensions on civil service lines for employees in his secretary’s office and estate offices, and expressed the desire that his successors would continue his system of pensions for old employees. THE PLUNKET FAMILY. Ho left £20,000 each to Lord Plunket the Most Rev. the Hon. Benjamin Plunket. Lord Bishop of Meath, the Hon. Ethel Plunket. the Hon. Mrs Kathleen Lyon, Koselm Edward Lee Guinness, and Nmel Digby Loo Guinness. Five thousand pounds. each to Sybil Reeve, Norah Oldfield, Geraldine Haig. Margaret Amphlett, Mabel Lang, Jane Legge and Agnes Gunning. Three thousand pounds each to Captain the Hon. Henry Denison, the Hon. Frederick Lawless, and the Rt, Hon. Sir Plunket Bunbar Barton, Bart. Two thousand pounds each to Lady Henrietta Guinness, Beauchamp Kerr Pearse. Charles Kerr Pearse, John Cecil Guinness, Lady (Walter) Campbell, the Most Rev. the Rt Hon. John Bernard (Provost of Trinity College Dublin), Charles Edward Sutton, and Stephen Nelson Braithwaite. . One thousand pounds each to Katharine Brounand, the Earl of Arran and his wife, and Eliza Caroline Countess Rochborg.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19271228.2.81

Bibliographic details

Otago Daily Times, Issue 20292, 28 December 1927, Page 10

Word Count
397

LORD IVEAGH’S WILL. Otago Daily Times, Issue 20292, 28 December 1927, Page 10

LORD IVEAGH’S WILL. Otago Daily Times, Issue 20292, 28 December 1927, Page 10

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