more concerned with legacy than blood
guess that has always been apparent...I can think of other rich families I'd rather be born into
however...having a family vacation home that large and costly to maintain and with property taxes in the stratosphere it would be difficult to get everyone to pony up (been there done that)
a family trust to maintain the home for the next generations would have been nice but I bet Rose and Teddy were banking on the "historical" aspect too....liberals will flock there to bask in Camelot's faded glow
Wardaddy, The Kennedy’s faced the same problem you did... that’s why they rolled the property into a non profit. Nothing says it has to be open to the public during the summer season (or at all). Tax bills go away, just need to raise enough donations to cover maintenance & operating costs. You hire pro’s to apply for grants etc. Even if only your family “contributes” it’s now a tax deduction instead of an expense. You can even write off the milage when you drive down for the weekend to discuss “foundation business” while sitting on the beach.
Along these lines, Bill Clinton has not spent a penny of his own money since he left office. Some foundation or lobbying group is always picking up tab. Every meal, every flight, every hotel stay is on someone elses dime.