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Message
re: Rita Benson Leblanc
Posted on 4/22/12 at 7:47 pm to brmark70816
Posted on 4/22/12 at 7:47 pm to brmark70816
quote:
I just meant they will have to be sold off. If you inherit a team worth 900+ million, you have to pay the estate taxes on it. Even with a trust, there will be a hefty bill. That's why most families pass it down over time, spread it out. Given his advanced age, I don't think Benson can pass it over without consequences.
Tax law isn't my area though.. I just know alot of teams have had problems with it..
I'm fairly certain they've got it handled. There are variations on a simple trust.
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