Good news, house hunters! The Helmsleys' storied Dunnellen Hall, originally offered at $125 million, an asking price later lowered to $95 million, may now be yours for $75 million. So reports The Huffington Post.
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- Trust-Based Estate Plans Threatened?
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1 comment:
Had Leona left the estate to a family member, the federal estate tax alone would have been about $56 million. No downward adjustment permitted for collapsed real estate values more than 6 months after death.
Lucky that she left it to charity, or all the proceeds would have gone to the government and the estate administrators.
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