Wednesday, June 25, 2008

International Herald Tribune

June 25, 2008 -- The Globe edition of the NY Times.

PANAMA CITY: In life, Wilson C. Lucom was not exactly child-friendly. The curmudgeon never had children himself, nor was he especially close to the offspring of his third wife, Hilda. When he opened his ample checkbook, friends say, it was more likely to finance a conservative political cause than to help underprivileged youth.

But Lucom, a native of rural Pennsylvania who spent much of his life in Palm Beach, Florida, surprised everyone in his will, which was disclosed upon his death two years ago at the age of 88. After doling out relatively small portions of his tens of millions of dollars to survivors, he left the rest to a foundation he had dreamed up in secrecy to aid the poor children of Panama, where he spent the final years of his life.

It would be one of the largest charitable donations, if not the largest, in Panama's history, but so far not a single child has had access to the money. The will has set off a vicious legal battle that is playing out in at least four countries. Criminal charges have been filed, insults traded and threats made. The number of law firms involved exceeds 20. READ FULL STORY

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