Stuart Woods_Stone Barrington 12
course.
Barbara and I have written a will, which is enclosed, and I have had it properly witnessed by four people, whose names and addresses are noted. I have appointed you as our sole executor and, should it be necessary, guardian for our minor daughter, Esme, who is now eighteen, until she reaches her majority. She is entering Oxford this fall. I have also appointed you as her trustee, as she stands to inherit a lot of money if Barbara and I should both walk in front of the same oncoming bus.
You will note that, apart from a few bequests to distant relatives on Barbaraâs side of the family, there are none to members of my family. My only close relatives are Caleb, his wife and their twin sons, now twenty-one years old and seniors at Yale this fall. I have specifically excluded them from inheriting any of my property. I have provided for our caretaker in Dark Harbor, Seth Hotchkiss (youâll remember him), and his family.
You will also note that, in the highly unlikely event of Barbara, Esme and me dying simultaneously, as in a plane crash, you would become a beneficiary, along with the foundation mentioned in the will. I say highly unlikely because we always travel on different airplanes.
Next time we meet, I will explain why I have made the decisions I have regarding our estate. In the meantime, I ask you to follow my wishes as you understand them.
It is not inconceivable that, should I die anytime soon, my employers may express an interest in my affairs, and I authorize you to cooperate with them to the extent you deem advisable.
Finally, I have attached a joint financial statement, giving account numbers, phone numbers of brokers, etc., which you would find useful in the event of our deaths. I should explain that most of our combined assets come from Barbara, inherited from her father.
I thank you for your kind attention to this matter, and the next time I find myself in New York, Iâll take you to dinner againâitâs been too longâor, alternatively, perhaps you might find some time to spend with us in June in Islesboro. I built my own house there four years ago, and youâll find it more comfortable than the old family barn, now occupied by Caleb and his ménage.
Warm regards,
Dick
Stone put the letter aside and read the will and the financial statement, then he called the group back into his office.
âAll right. I have Dickâs permission to talk with you about the package. Let me summarize: It contains a letter to me, his and his wifeâs will and a financial statement.â
âWhatâ¦â Lance began.
Stone held up a hand. âItâs all very simple,â he said. âIf Dick dies first, Barbara gets everything; if she dies first, he gets everything; if they both die, their daughter, Esme, gets everything in trust. I am appointed their executor and their daughterâs guardian and trustee.â
âWhat happens if they all die?â Lance asked.
âApart from a few bequests to Barbaraâs relatives and to a family retainer, the bulk of the estate would go to the Samuel Bernard Foundation. I would inherit the use of the Islesboro house for the life of myself and my heirs, along with the proceeds of a trust, set up to pay the expenses of maintaining and running the house. If I donât want the place, it would be sold, and the proceeds would go to the same foundation. Dick has specifically excluded his brother and his brotherâs family as heirs, and if I sell the house, I am instructed to entail the deed in such a way that Caleb could never buy it.â
âSounds like some hard feelings between the two of them.â
âGiven my experience of them in their youth, Iâm not surprised,â Stone said. âI know Sam Bernard, of course, but what is the foundation?â Samuel Bernard had been a law-school professor of Stoneâs and had remained a mentor who had historic connections to the CIA.
âItâs set up to provide for the families of Agency officers killed or disabled in the line of duty,â Lance said. âHow much did Dick leave the foundation?â
âA million dollars,â Stone said, âin the event of his own death. As I said, in the event of the whole family dying simultaneously, most of the estate goes to the foundation.â
âAnd how much is that?â
âThirty million dollars, give or take. Dickâs wife was a very wealthy woman.â
Lance drew in
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