There is an option E: Fight it in court.
There is an option E: Fight it in court.
And use the last 400 million on lawyers...No thanks. If they feel that the item is a family treasure than pay the 29 million and keep it in the family. If not donate it and use the tax write off for 75 years. I think unless I really loved the item, I would take the write off....I wonder if it would go to future generations (75 years)????
RE: There is an option E: Fight it in court.
With guys like John Roberts now on the other side of the fence, I’m not so sure this will amount to anything.
Option F (from my last post): Set it on fire and collect an insurance settlement based on the IRS value.