The Killam Trusts

Beschreibung

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Beschreibung

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online.The Killam Trusts were established in 1965 after the death of Mrs. Dorothy J. Killam, the wife of Izaak Walton Killam. Mr. Killam was a Canadian business figure. He died in 1955, but before his death he and his wife discussed in extensive detail a scholarship plan, on which the Killam Trusts were founded. When Mr. Killam died intestate in 1955, half of his estate went to found the Canada Council (along with similar funds from the estate of Sir James Dunn, also from Nova Scotia). The rest of Mr. Killam''s estate was left to his widow, Dorothy J. Killam. In the ten years between his passing and hers, she doubled their money. Upon her death (at her villa in France - Villa Leopolda), her lawyer Donald N. Byers, QC put into motion the plans Mr. and Mrs. Killam had discussed during their joint lifetimes. Having no children of their own, the Killams decided to leave their sizable fortune to further post-secondary education in Canada at the graduate level.