Page 14-4).31.1Examitirr izerl-t* Wed., Jan. 19, 1972 Fascinating Insights In Kennedy Wills

NEW FORK — (AP) - worth of clothing and three share was in trust for Mrs. The wills of the late Joseph pairs of cuff links. Kennedy, the other to be di- P. Kennedy and his two as- Still in Probate vided among the children as sassinated sons. President Joseph Kennedy's estate they reached the ages of 21. still is in probate in Florida. Among other things the in- John F. Kennedy and Sen. John Kennedy's was pro- ventory of John Kennedy's Robert F. Kennedy, provide cessed in Massachusetts and estate showed he loaned a previously hidden sidelights Robert Kennedy's in New sizable sum to his sister, Pa- en the lives of all three men. York. tricia, and her then husband, Kennedy's fortune was tiea For example: The late President had per- actor Peter Lawford; that he up in trust..,. for children, sonal and real property val- held no war-related stocks, grandchildren, household • John Kennedy owned ued at $1,890,464, not includ- help and employes. 12.5 shares in Broadway's and that his various checking ing many millions he is be- accounts totalled almost About $1 million additional- Palace Theater; a holding lieved to have placed in trust ly was willed to Kennedy's worth $106.07. $114,000. for his wife and two children. There were listings of widow, Rose, and about $25,- • Half the $1.5 million es- In his will, John Kennedy $715,239 worth of stocks and 000 each to two sisters. The tate of Robert Kennedy went left his widow, Jacqueline bonds. The most valuable remainder goes to the Joseph for debts and expenses. Kennedy Onassis, $25.000 out- bloc was 4,786.05 •shares of P. Kennedy Jr. Foundation, • Joseph Kennedy listed right, with the remainder Ken Industries Corp., not in memory of a fourth son among personal items $100 divided into two shares. One otherwise identified, unlisted, who died on a World War II and presumably a Kennedy flying mission. family firm. They were The largest asset in the in- worth $239,302 at the time of ventory was a $250,000 man- the President's death. sion on the ocean at Palm Beach, Fla. However, Kenne- Took Three Years dy holdings outside of Flori- Sen. Robert Kennedy da were not assessed in the (JD-N.Y. ). 42, was fatally shot inventory. They included eq- by an assassin on June 5, uity in a Corpus Christi, 1968. in Los Angeles, and it Tex., ranch ; property i n took three years for the filing Hyannis Port; equity in a of figures in Manhattan Sur- building and adjacent vacant rogate Court for estate tax lot in Albany, N.Y., and equi- purposes. ty in the Merchandise Mart These documents showed in Chicago. Kennedy left a gross estate in New York of $1,494.938. But debts. funeral and other expenses reduced it to $576.- 269. Co-executors of the es- tate are Kennedy's wife. Eth- el ; his brother, Edward, and his sister, Patricia. Not figured in the gross es- tate was a house, lot and fur- nishings in Hyannis Port, Mass., valued at $111,500. Fu- neral and administration ex- penses amounted to $60,189, and debts to 49,820. Of the adjusted gross, $358,842 goes to Ethel Kenne- dy and $17,210 to each of the 11 Kennedy children. The 18-page will was dated Dec. 17, 1953. Joseph P. Kennedy died on Nov. 18, 1969, at the age of 81. Exactly a year later, an inventory of his estate was released. His three surviving sons were listed as executors in a will undated in 1959, but only Edward lived to fill the role. A majority of the elder