EXCLUSIVE: Lee Radziwill leaves her $50 million estate to her daughter - but niece Caroline Kennedy and her widowed RHONY daughter-in-law Carole Radziwill were left out of her will entirely

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Socialite Lee Radziwill signed her Last Will and Testament five months before her February death and it has now been exclusively obtained by DailyMailTV 

Lee Bouvier Radziwill's Last Will and Testament stipulates that her lone surviving child, Anna Christina 'Tina' Radziwill, is the primary beneficiary of her estimated $50million estate and that her daughter-in-law, Carole DiFalco Radziwill, was left out entirely, with not a single mention of the former 'The Real Housewives of New York City' star.

The beloved socialite and ex-princess, the younger sister of former First Lady Jacqueline Kennedy Onassis, died at age 85 of natural causes on February 15th at her apartment on Manhattan's Upper East Side. 

The 16-page will was signed by Lee on September 20, 2018, less than five months before her passing. It was filed in New York County in lower Manhattan on March 22, 2019, and obtained exclusively by DailyMailTV.

Not only was Carole, who was married to the late Anthony Radziwill, not named in the Will, neither was Lee's niece, Caroline Kennedy Schlossberg, or any of her brood of three, Rose, Tatiana and John. 

However, when Jackie passed in 1994, her will generously instructed that each of Lee's children were left $500,000.

Anna Christina 'Tina' Radziwill, Lee's lone surviving child, will inherit her estimated $50million estate, though the will does not specifically give an amount. Tina is pictured at her mother's funeral on February 25 

Lee's niece Caroline Kennedy Schlossberg (right), the daughter of her older sister First Lady Jacqueline Kennedy Onassis, was left out of the will, along with her daughter in law, Real Housewives of New York star Carole Radziwill (left)

Lee Radziwill died age 85 at her home in New York City. Her daughter Tina followed her mother's wicker casket as it was carried out of the church after a memorial last month

Because Anthony predeceased his mother, Lee stated in the will 'that I have (1) child, Anna Christina Radziwill (hereinafter 'Tina') and directs her Executors to 'sell all my right, title and interest in and to any cooperative apartment occupied by me at the time of my death as my residence, vacation residence or part-time residence, together with the proprietary lease thereto, and all shares of stock or other securities in and claims against the corporation owning the building in which said apartment is located, as soon after my death as may be practicable and to dispose of the net proceeds of such sale as part of my residuary estate.'

At the time of her death, Lee resided in a co-op apartment at 160 East 72nd Street in Manhattan. She used to split her time between there and Paris, where she kept a pied-a-terre. Downsizing in 2017, she put the luxe pad on the market, asking $4million.

Throughout much of her storied life - much of it having been lived in the shadow of Jackie - Lee reportedly came up short on funds and would then turn to her sister to help bail her out and to finance her lavish, jet setting lifestyle. 

Even though Jackie, whose estate was valued at upwards of $200million, didn't designate a single penny for Lee in her own Will, she explained that perceived slight by stating: 'I have already [provided for my sister] during my lifetime' as the reason for cutting her out cold.

While sources say Lee was also strapped for cash as her life came to a close, this despite any money left to her by her three husbands—number three Herbert Ross, the director and producer was particularly wealthy—her will sheds light on a trust that was set up for her decades ago.

'My mother, Janet Lee Auchincloss, created a trust for my benefit and gave me a special power of appointment over the principal of the trust,' it reads.

The 'agreement, dated August 11, 1975, between Jacqueline Bouvier Onassis, as Grantor and Lee B Radziwill and United States Trust Company of New York, as Trustees, created a trust for my benefit and granted me a special power of appointment over the principal of the trust.'

The will further reveals that Tina, as surviving her mother, becomes the beneficiary of this and the other trusts in her and her mom's names. The principal value was not revealed and it, in the above cited paragraph that appears on page two of the Will, was the only time Jackie was was referenced.

DailyMailTV exclusively obtained Lee Radziwill's 16-page Last Will and Testament that was signed by Lee on September 20, 2018, less than five months before her passing

Tina, now 58, has led a quiet life, shunning the limelight and got little notice by the press at her mom's funeral compared to the arrival of her famous Kennedy cousin Caroline and other better known faces. 

Residing in New York City, Tina's occupation is listed as a producer. She was married briefly to man named Ottavio Arancio a professor of medicine at Columbia University, from 1999 to 2005. The couple had no children. 

Her father was her mother's second husband, the late Polish Prince Stanislaw A. Radziwill. The couple divorced in 1974 and Stash, as he was known, died two years later in 1976. 

In June of 1961, her uncle and then President John F. Kennedy attended Tina's baptism at Westminster Cathedral in London.

A distant relative of the current British royal family, she is descended from Sophia of Hanover. However, she is not in line of succession to the British throne because she is Roman Catholic.

As for the Will's executors, instead of appointing Tina or another family member, Lee opted for two friends—Hamilton South, of Cornwall, Connecticut, and Martin B O'Connor, II, of Harding Township, New Jersey.

South, who was also a close friend of Lee's niece, the late Carolyn Bessette Kennedy, gave the eulogy at Lee's Requiem funeral mass at the Church of Saint Thomas More in New York City on February 25th. 

And in a rare tweet from him on that day the public relations pro wrote: 'Lee Radziwill was superior to everyone. She left this world underwhelmed by us all.'

O'Connor, on the other hand, is the managing partner of the law firm of O'Connor, Morss & O'Connor of Elizabeth, New Jersey. 

In a letter from Lee to O'Connor dated August 22, 2018, she writes, 'In my will which I signed today, I have named you and Hamilton South as co-Executors. You have acted as my attorney in the past, we have been friends for many years and I have great confidence in your integrity and abilities.

'Furthermore, your financial acumen were additional factors in my decision to name you as co-Executor. I have also named you and Hamilton as successor co-Trustees under the revocable trust agreement.' 

Lee on the day od the wedding of Carole and Anthony in 1994 

Lee and Carole,  pictured together in 2014, were especially close after Anthony Radziwill died

Close friends of Lee's, Hamilton South (left) and Martin B O'Connor II (right), have been named co-Executors of the estate, instead of naming Tina or another family member 

Depending on the value of the style icon's probated estate, the executors, as she outlined in her letter, can earn in commission anywhere from two to four percent.

'So for example, if my probate estate is valued at $1,000,000 my Executor would be entitled to receive commissions of $34,000, in accordance with New York State statutory rates now in effect.' Whether that is the true value of Lee's estate wasn't specified.

In addition to doling out legal advice, the married O'Connor (to former Vanity Fair features editor and 'celebrity wrangler' Jane Sarkin) has from time to time escorted Lee out on the town in the Big Apple, like when they attended an art gallery reception back in 2008.

Lee's relationship with her 55-year-old daughter-in-law Carole 'waxed and waned' following Anthony's tragic cancer death in August 1999—less then a month after his cousin and best friend John F Kennedy, Jr's plane crashing into the ocean killed him, his wife Carolyn Bessette and her sister Lauren. 

But the two were close and especially supported each other after Anthony's death. 

In a touching tribute Carole wrote about Lee for DailyMailTV, just three days after her passing, she remarked that even though Anthony was gone—the glue that ordinarily would have naturally bound the two women together—she always introduced her as her daughter-in-law. 

'Even after long absences, when it felt undeserved, she never wavered. Anthony and I didn't have children, so there was little in the way of family ties to keep us linked,' she wrote. 'What we had most in common was heartbreak, the thing we wanted to escape.'

The First Lady of the land, Mrs. Jacqueline Kennedy, and her sister, Lee Radziwill (right) were considered the world's most famous sisters during the 1960s. Jackie left her sister out of her estimated $200million Will, stating'I have already [provided for my sister] during my lifetime' as the reason for cutting her out cold

Despite being married three times, once to Polish Prince Stanislaw A. Radziwill (pictured), Lee was known to be strapped for cash. But the will sheds light on a trust that was set up for her decades ago by her mother

Sadly, Lee and Carole weren't able to schedule a meet-up right before the end came. In fact, they hadn't seen each other in months but did speak one last time by phone two weeks beforehand.

The David Monn-designed funeral, with its huge urns of pink and white flowers that flanked the alter, attracted the likes of Lee's old flame Peter Beard, the photographer; fashion designer pals Marc Jacobs, Tory Burch and Carolina Herrera; socialite Deeda Blair; Rolling Stone publisher Jann Wenner; Caroline and Ed Schlossberg; director Sophia Coppola; as well as former Vogue editor Andre Leon Talley. 

After the hour-long service, the wicker casket with Lee's remains was taken for cremation. Her ashes were later presented to Tina.

Despite having money woes (as in not/never enough) during her life, Lee's wishes were that her funeral bill be paid pronto. 

In fact, the first item in her will states that 'I direct that all my debts and funeral expenses be paid as soon after my death as may be practicable.' She also instructed that no extraordinary means, or special accounting loopholes, be taken to avoid paying any death taxes.