Loved One and Zoo Benefit
Margaret L. Conderman used a trust and her will to provide for a loved one and the North Carolina Zoo Society. Although Ms. Conderman died in May 1990, almost a dozen years passed before the Zoo Society received her generous bequest. In the interim, the "rest, residue and remainder" of her estate were put in trust for her sister.
A professional trustee was directed to use the trust "to provide for the care, support, maintenance, comfort, medical needs and general welfare of my sister, Isabelle L. Prior."
After Ms. Prior died on Dec. 14, the remaining trust funds were shared among several people, a nonprofit that serves orphaned children and the North Carolina Zoo Society. (The Zoo Society's share exceeded $25,000.)
The trustee reported that Ms. Conderman enjoyed providing funds both for her sister's care and "as a token of my love and affection." And, the sister used the trust carefully, always mindful that any money she received from the trust would reduce the amount that remained available to the other beneficiaries.
Margaret L. Conderman was a Zoo Society member between 1980 and 1990. What she and her sister did for our Zoo and Society is greatly appreciated.
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