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Dallas the TV series
Dallas - The Original Series
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<blockquote data-quote="stevew" data-source="post: 202278" data-attributes="member: 130"><p>Not exactly and this is where not being a lawyer shows. There are ways she could have left it to Bobby who could have left it to Christopher with out being killed by taxes (though honestly I find that morally apprehensible of a grandmother to do). The easiest thing would be to remove the mineral rights, which she did and leave them to a foundation which Bobby controls (preventing the drilling) and then I’m sure Bobby could pay the inheritance tax and so could Christopher. I think if she’d left it in trust to Bobby, I’m 2010 he found have moved it out of the trust and over to Christopher (maybe even with the mineral rights as 2010 was the year without estate tax and lots of money moved that year). </p><p></p><p>The trust would spell that out. Maybe Bobby dies and the trust is dissolved and he leaves it Chris who has to pay the inheritance tax. Or maybe it dies on to his legal heirs, cutting out Lucas and leaving it all to Chris.</p></blockquote><p></p>
[QUOTE="stevew, post: 202278, member: 130"] Not exactly and this is where not being a lawyer shows. There are ways she could have left it to Bobby who could have left it to Christopher with out being killed by taxes (though honestly I find that morally apprehensible of a grandmother to do). The easiest thing would be to remove the mineral rights, which she did and leave them to a foundation which Bobby controls (preventing the drilling) and then I’m sure Bobby could pay the inheritance tax and so could Christopher. I think if she’d left it in trust to Bobby, I’m 2010 he found have moved it out of the trust and over to Christopher (maybe even with the mineral rights as 2010 was the year without estate tax and lots of money moved that year). The trust would spell that out. Maybe Bobby dies and the trust is dissolved and he leaves it Chris who has to pay the inheritance tax. Or maybe it dies on to his legal heirs, cutting out Lucas and leaving it all to Chris. [/QUOTE]
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Dallas the TV series
Dallas - The Original Series
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