Estate-Planning Tool Used by NBA Owner Likely Taxable Gift, Not Annuity – Bloomberg BNA



Forbes

EstatePlanning Tool Used by NBA Owner Likely Taxable Gift, Not Annuity
Bloomberg BNA
July 7 — The estateplanning instrument used by former Detroit Pistons’ owner Bill Davidson to transfer shares in his privately held company to his grandchildren likely would be debt, not the claimed annuity. Law professor Jerome M. Hesch told
IRS Grabs $388 Million From Billionaire Davidson EstateForbes
Bill Davidson’s Estate Beats the IRS … Kind OfWealthManagement.com

all 62 news articles »

If you enjoyed this post, please consider leaving a comment or subscribing to the RSS feed to have future articles delivered to your feed reader.