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NNN0LHI

(67,190 posts)
Tue Jul 24, 2012, 01:20 PM Jul 2012

Imagine inheriting millions of dollars but there is one little catch

You don't get a dime of it until you are freaking 65 years old.

Walk in for the reading of the Last Will and Testament with great big smile on your face thinking about the wealthy, young, playboy life you are about to start leading and come out crying like a baby.

Imagine thinking about that for a couple of decades. Bet it it sure could eat at someone.

Almost like a story out of Twilight Zone.

Don

http://articles.latimes.com/1989-12-13/local/me-242_1_lindsay-crosby

Lindsay Crosby Suicide Laid to End of Inheritance Income
December 13, 1989|ASHLEY DUNN | TIMES STAFF WRITER

Lindsay Crosby, the youngest son of Bing Crosby from the famed crooner's first marriage, shot himself to death in a Las Virgenes apartment after learning that the inheritance he relied on to support his family was gone, a family spokeswoman said Tuesday.

Just 11 days earlier, Crosby and his three brothers had been told by attorneys that the oil investments their late mother, Wilma Wyatt, made for them had gone broke, said Marilyn Reiss, spokeswoman for Lindsay's older brother, Gary.

For Lindsay, the news was the "last straw" after years of battling alcoholism, depression and the strain of living under the shadow of his famous father, Reiss said.

Bing Crosby married actress Kathryn Grant in 1957 and raised a second family. At his death in 1977 at age 73, he left his money in a blind trust, which none of the sons--whose youthful escapades were well documented by the news media--could touch until age 65.

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http://en.wikipedia.org/wiki/Bing_Crosby

Gary Crosby died in 1995 at the age of 62, and 69-year-old Phillip Crosby died in 2004.

It was revealed that Crosby's will had established a blind trust, with none of the sons receiving an inheritance until they reached the age of 65.

Lindsay and Dennis Crosby each committed suicide, shooting themselves with shotguns in 1989 and 1991, respectively. Nathaniel Crosby, Crosby's youngest son from his second marriage, was a high-level golfer who won the U.S. Amateur at age 19 in 1981, at the time the youngest-ever winner of that event (a record later broken by Tiger Woods). Harry Crosby is an investment banker who occasionally makes singing appearances.

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Imagine inheriting millions of dollars but there is one little catch (Original Post) NNN0LHI Jul 2012 OP
I swear - I think that family was Cursed. Nt xchrom Jul 2012 #1
Bing Crosby was not a nice/good man. A nasty drunk among other things: monmouth Jul 2012 #2
Story from 1989 - what prompted you to post this today, in 2012? closeupready Jul 2012 #3
you trying to catch up on some reading you have been putting off? snooper2 Jul 2012 #4
And if their last name would have been Smith or Jones MicaelS Jul 2012 #5
 

snooper2

(30,151 posts)
4. you trying to catch up on some reading you have been putting off?
Tue Jul 24, 2012, 01:37 PM
Jul 2012



Let me know when you hit the early 90's, those were some good years

MicaelS

(8,747 posts)
5. And if their last name would have been Smith or Jones
Tue Jul 24, 2012, 01:41 PM
Jul 2012

They would have probably been taught from an early age to get out, get a job and be self-supporting, instead on living as the spoiled children of a rich man.

He never held a steady job, and his own attempts at an entertainment career, including appearances in such low-budget films as "The Glory Stompers," and "Free Grass," were dismal failures.

Bing Crosby married actress Kathryn Grant in 1957 and raised a second family. At his death in 1977 at age 73, he left his money in a blind trust, which none of the sons--whose youthful escapades were well documented by the news media--could touch until age 65.
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