Dogfight Over $12 Million Bequest. Real Estate mogul, Leona Helmsley, passed away in 2007. Helmsley left $12 million of her estate to her Maltese dog, Trouble. The grandchildren left out of the will brought a claim and the dog Trouble had to be flown by private jet to a secret location after allegedly receiving death threats.
See Through Trusts. The advantages of using a trust as a designated beneficiary of an IRA (or creating a See Through Trust) are that they allow spendthrift, divorce, asset and bankruptcy protection.