- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Chances growing for Sean Payton to bolt Saints (Yahoo Sports Article)
Posted on 11/11/15 at 8:47 am to VetteGuy
Posted on 11/11/15 at 8:47 am to VetteGuy
quote:
First, the heirs are all fighting this and I think there's a good chance they'll win.
Based on what?
They may win the trust dispute (still unlikely imo), but that does not include any voting shares
The burden of proof for deeming him incompetent at the time of the change gets harder by the day, and has already been ruled in his favor too
The irrevocable trust takes control away from Benson, only allowing substitutions of equal value. It was created with the estate tax in mind. Still, non-voting shares so I don't really care who wins that onr
This post was edited on 11/11/15 at 8:50 am
1
Posted on 11/11/15 at 8:51 am to TigerBait1127
quote:
The burden of proof for deeming him incompetent at the time of the change gets harder by the day, and has already been ruled in his favor too
Understood. I never thought they'd win that
I was under the impression that the trust/ asset swap deal was still being debated. Has that been settled?
ETA: the battle I'm talking about is TB trying to revoke an irrevocable trust.
This post was edited on 11/11/15 at 8:53 am
Posted on 11/11/15 at 8:58 am to VetteGuy
quote:
was under the impression that the trust/ asset swap deal was still being debated. Has that been settled?
ETA: the battle I'm talking about is TB trying to revoke an irrevocable trust.
That is pretty irrelevant though
It only included non-voting shares of the Saints, so no decision making power comes with it
Basically, that is just about $$ and shouldn't impact Saints operations
If he had put voting shares in it, he wouldn't have control now. The head of the Trust would
This post was edited on 11/11/15 at 9:00 am
Posted on 11/11/15 at 9:01 am to TigerBait1127
quote:
That is pretty irrelevant though
Disagree.
That gets to the estate and who's gonna be liable for the estate taxes.
Posted on 11/11/15 at 9:02 am to VetteGuy
quote:
That gets to the estate and who's gonna be liable for the estate taxes.
It is non-voting shares
It doesn't matter who ends up with it or if they sell it
Posted on 11/11/15 at 10:22 am to Uncle Stu
Typical Yahoo story.
Take a bunch of "If's", Speculate the crap out of them, and build a hypothetical story where everything bad that can go wrong does in fact go wrong.
Take a bunch of "If's", Speculate the crap out of them, and build a hypothetical story where everything bad that can go wrong does in fact go wrong.
Posted on 11/11/15 at 2:10 pm to gizmoflak
quote:No thanks. But they would have to at least throw Ndamukong Suh in there.
Payton and Drew are getting shipped to Miami in the offseason. Saints get Tannehill, Landry, and cash in return. Next playoff appearance is 2023.
This post was edited on 11/11/15 at 2:14 pm
Page 3 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News