Here’s what I understand of the money. KD’s sources told him Barry was going to gift Honey between $100-$500 million at the time of their deaths. His sources also told him Honey was going to give Mary
some of that money. Barry didn’t like that, but he said it would be Honey’s money and she could do whatever she wanted to do with it.
From KD’s book:
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Mary told KD that Honey was going to give her $500 million. On the day the bodies were found, and going forward, Mary told the heirs and KD that Honey promised to give her
$300 million. She said she decided to ask them for less.
“One family member who has been completely shut out is Mary Shechtman, Honey’s sister and best friend, who had hoped to play an important role in the Sherman philanthropy. A comment she made following the murders, that Honey promised her a $300 million gift (she told me it was really $500 million but she decided to give the lower figure), upset the four Sherman children.”
IMO, neither amount sounds plausible. I think it’s more likely that Honey would have put a much smaller amount into a trust and Mary could then use the proceeds.
I believe that because Honey had set up the Shechtman trust in 2000 that included 17 properties. Honey and Barry contributed to that trust and Mary and her husband benefited from the proceeds. Son Noah Shechtman is suing Mary and her husband to gain access to it saying Honey set it up for him and his siblings, and Mary’s claim is that Honey didn’t specify that the trust was for the children. Quote from CBC podcast:
The quote above also makes me wonder why Mary was crying poverty after the murders: she had access to that sizeable trust and the court records indicate she and her husband used it. Why the push for an additional $300 million from the heirs? Why tell everyone about it mere hours after Honey and Barry’s bodies were found? From KD’s book:
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When the heirs declined paying her $300 million, she claimed Barry owed her money:
“Recently, in her basement, she discovered an IOU Barry wrote to her mother in the 1970s for monies advanced when he was starting out in business. It is an IOU she has not been able to collect on.”
Mary told KD about estate and trust fund lawyer DH and his connection to Barry and Honey. One theory KD had about Honey and Barry being involved DH prior to the murders was that he was part of setting up the transfer of money from Barry to Honey.
It’s just my opinion, but I think the lawyer would have been involved in any transfer of money between Honey to Mary, based on how the 2000 trust was set up. Mary has told KD that Honey was going to give her $500 million, but is surprisingly silent about the details on how that was going to be done or where the money was coming from. It just doesn’t make sense, imo.