Jackie is famous for one other little known item- she had a brilliant plan to save around $50,000,000 in federal estate taxes. She went to some young estate planning lawyer at Milbank Tweed named Jonathan Blattmacher. He came up with a charitable lead trust plan that eliminated estate taxes using annual charitable payments for a term of years and skipped a generation. Bored yet? Blattmacher got very rich and famous and the family wealth goes on.
Joe is cool.
|