Friday, September 30, 2005


This, according to the New York Daily News. The paper says the ABC anchor's will left:
... the bulk of his estate in trust for his two children, Elizabeth, 25, and Christopher, 23, from his marriage to writer Kati Marton, according to the will, filed Wednesday in Manhattan Surrogate's Court.

He left his Central Park West apartment to his widow, Kayce Freed, whom he wed in 1997, as well as a portion of his estate, as laid out in a prenuptial agreement the couple signed before their wedding.

Jennings, who died last month after battling lung cancer, reportedly earned as much as $10 million a year during part of his tenure at ABC. His will lists $50 million in personal property and $3.5 million in real property in New York.

In addition to his upper West Side apartment, Jennings owned a house in Bridgehampton, L.I., and property in his native Canada. Most of the rest of the estate is in stock, cash and retirement funds - though Jennings also owned two horses, Cabin Fever and Channel's Gate.

The urbane journalist, a high school dropout, also left instructions that his personal charity, the Peter Jennings Foundation, be funded so that its assets equal $1 million. The foundation was founded in 1998 by Jennings to donate money to organizations fighting homelessness, drug addiction, illiteracy and hunger.
Evidence that reading is fundamental, and potentially lucrative.

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