John Kerry-Heinz might not make out that well if he is even in the will. I was reading this morning how that estate of the actor from the Sopranos had an estate of 50 million but the new estate taxes are going to require a 30 million dollar cash settlement for inheritance taxes within 9 months. Would be so ironic for the Progressive Kerry-Heinz to have to sell his dinghy, mansions, butt-boy, and other necessities to pay for the inheritance taxes he voted for!!!!!
We are in the process of settling three estates right now and it is sickening what the heirs are having to pay! One estate alone owes over $35 million in just fed taxes. This estate was set up and run by the best tax attorneys and accountants that money can buy.
Makes my head hurt.
Most people could run a small country with that. The fed government will waste it on a few parties for “training”...puke. Or another vacation for the Obama’s.
$50M is chump change compared to the Heinz wealth. That kind of money is ALWAYS very well protected. And, in the Heinz-Kerry situation I’d bet there’s a very solid ante-nuptual in place, and trusts for her and John Heinz’s blood heirs.
I’m surprised the Soprano actor didn’t have an agent/lawyer who handled his financial matters better than to get caught up in that big inheritance tax mess.