Word: deathe
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Dates: during 1960-1969
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LONG before Joseph Kennedy's death, plans had been completed for the management of his family's holdings in future generations. Only a bare outline of these complex arrangements is likely to be made public through his will. The closely guarded secrets of the Kennedys' finances will remain in the hands of a small group of totally discreet professional managers operating from Suite 3021 in Manhattan's Pan Am Building. The fortune, used in the past with unrivaled success to achieve the power and prestige of the nation's highest offices, will henceforth be deployed...
...gross gave him, after taxes, slightly over $100,000 a year to spend. Like the Boston Yankees from whom he learned so much, Joe Kennedy, in creating the trusts for his children, took precautions, stipulating that control over the principal should pass at stated age intervals. Before his death, the President, on his 45th birthday, had received one-half of the principal held in trust for him, with the remaining half under the discretionary control of the trustees. The wills of the brothers made similar provisions for their heirs...
...heirs may sometimes be hard pressed. At his death, Bob Kennedy left campaign debts and expenses of more than $3,000,000, which his estate could not pay. Edward M. Kennedy has raised money to repay these debts, and other members of the family have made contributions. A close friend of Ethel's, recalling the "extravagance of the ebullient life" that she, Bob and the children enjoyed, hints that income and outgo run a neck-and-neck race in her household as in the ordinary American...
...irresponsible." True enough, although the New York Times is not a convincing example. It may be true that the Times would be still better if it had more competition; but most professionals would disagree with Agnew's claim that the Times has got worse since the death of other New York papers...
...years, Tannahill was active in the affairs of the Institute. He was a longtime member of its governing body and an honorary curator of American art. He made his first gift (an 18th century Hispano-Moorish vase valued at $25) in 1926, and remained a generous benefactor till his death in September at the age of 76. In his will Tannahill made his personal choices public by giving his favorite museum a last and most munificent gift: his multimillion-dollar private collection, including a life-size Renoir nude, seven Cezanne oils, five major Picassos and an important collection of African...