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  1. #1

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    Quote Originally Posted by Gistok View Post
    ...

    So the result is that the estate that William Clay Ford Sr. had, is worth over $4 billion. Thus each of the kids Ford CEO William Jr., Lions owner Sheila Ford Hamp, and the others are worth over $1 billion each.

    ...
    There's something wrong with this math. How exactly did the heirs not pay a 40% federal estate tax?

    "...Of course, the federal government imposes an estate tax of 40% on assets over $11.4 million. ..." https://seanjnichols.com/blog/estate...-estate-taxes/

  2. #2

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    Quote Originally Posted by DavidGeorge View Post
    There's something wrong with this math. How exactly did the heirs not pay a 40% federal estate tax?

    "...Of course, the federal government imposes an estate tax of 40% on assets over $11.4 million. ..." https://seanjnichols.com/blog/estate...-estate-taxes/
    In this entire discussion, all you got out of it was estate planning?

    The answer to your question is that we don't know! The public is not privy to estate planning and how to best minimize taxes. But what I can tell you is that the source I referenced was Forbes.

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