World Exclusive: Ken Weitzner Will Revealed
Weitzner's will leaves estate to stepsons
EOG.com owner Ken "The Shrink" Weitzner and his wife Jackie, who killed themselves last month, left their estate to Jackie's two sons from a previous marriage, Gambling911.com can report in a world exclusive!
Ken and Jackie each had separate wills and Gambling911.com has obtained copies of both wills.
The wills are public court documents that were filed in Chesapeake Circuit Court in Virginia and copies are available to anyone for a fee of $12 each.
Ken's will and Jackie's will, each four pages long, are almost identical.
The main difference is that Ken's will names one of Jackie's sons as executor while Jackie's will names her other son as executor.
Both wills specify that Ken and Jackie's estate be split evenly between her two sons, Jerry Lee Donahue and Derek Donahue, who were Ken's stepsons.
Ken and Jackie had no children of their own during their 19-year marriage.
The wills were written on April 6, 2010, and notarized on April 7, 2010, shortly before Ken and Jackie's dead bodies were discovered in their Chesapeake, Virginia, USA home.
Authorities ruled the deaths a double suicide, from pills and poison gas.
The couple was cremated.
The wills were filed in court on April 24, 2010.
Ken's will reads: "I, Kenneth Weitzner, a resident of the State of Virginia, make, publish and declare this to be my Last Will and Testament, revoking all wills and codicils at any time heretofore by me.
"First: I direct that the expenses of my last illness and funeral, the expenses of the administration of my estate, and all estate, inheritance and similar taxes payable with respect to property included in my estate, whether or not passing under this will, and any interest or penalties thereon, shall be paid out of my residuary estate, without apportionment and with no right of reimbursement from any recipient of any such property.
"Second: I am married to Jacqueline Weitzner. I have the following children: Derek Donahue, born on 2/09/72, Jerry Lee Donahue, born on 8/04/68.
"Third: I give all tangible personal property owned by me at the time of my death, including without limitation personal effects, clothing, jewelry, furniture, furnishings, household goods, automobiles and other vehicles, together with all insurance policies relating thereto to my wife, if she survives me, or if she does not survive me, to those of my children who survive me, in substantially equal shares, to be divided among them as they shall agree, or if they cannot agree, as my Executor shall determine. All costs incurred by my Executor in connection with obtaining, possession, appraising, safeguarding, delivering or selling such property shall be paid as expenses of administering my estate.
"Fourth: I give all the rest, residue and remainder of my property and estate, both real and personal, of whatever kind and wherever located, that I own or to which I shall be in any manner entitled at the time of my death, collectively referred to as my residuary estate, as follows: (a) If my wife survives me, to my wife outright. (b) If my wife does not survive me, then to those of my children who survive me and to the issue who survive me of those of my children who shall not survive me, per stirpes. (c) If my wife does not survive me and there shall be no issue of mine then living, I give my residuary estate to those who would take from me as if I were then to die without a will, unmarried and the absolute owner of my residuary estate, and a resident of the State of Virginia..."
The will, the rest of which is pretty much standard last will and testament legalese, goes on to name Jerry Lee Donahue as executor.
Jackie's almost identical will names Derek Donahue as executor.
Ken Weitzner, 54, created and operated the highly-successful sports betting portal Eye on Gambling (www.eog.com).
Prior to that he ran a similar portal, The Prescription (www.therx.com), as well as a short-lived, betting-themed posting forum called Gambling Forums (www.gamblingforums.com).
Although Ken's will doesn't specifically mention the EOG.com website, estimated to be worth several million dollars, it appears that, under terms of the will, the website goes to his two stepsons, each of whom inherits 50% of the site.
EOG.com remains online and in operation, although it is unclear exactly who is running the site now that Ken is dead.
By Tom Somach
Gambling911.com Staff Writer
