The bulk will actually go to taxes.
A good chunk of his money will help pay for one of Obama’s vacations. I don’t know what Italy will do.
Crime does pay. At least the Hollywood version of it does.
What I mean by that is that if you are 15 years old and you realize that when you turn 21, you will have access to millions of dollars and never have to work a day in your life, how hard will work in school? What kind of career would you plan for yourself? Or maybe you will not plan a career at all.
Perhaps if you are in this situation, you would rather spend your adult life hanging out at trendy nightclubs, having sexual relations with various beautiful people, whiling away your morning hours in coffee shops, sipping lattes and lazily reading the latest novel? Or would you take up golf and tennis, not as a professional endeavor but one of leisure? Would you not spend a lot of time sitting on the beach at some tropical location sipping umbrella drinks while watching the regular world slip on by? What about casinos? Would you piss away daddy's money at the baccarat table with some blonde bimbo on your arm?
All of the above has happened to "trust fund babies" and more.
Do you really want your children living that sort of hobo existence with the money you spent most of your life working so hard to earn? Or would you rather keep your children hungry so that they will strive to make their own way in the world - on their own terms?
Anyway, that is an interesting question to be pondering on this warm, steamy, pre-Independence Day morning.
“Can I be your friend, godfather?”
So those acting gigs can be quite lucrative
Hardly any surprise and rather typical for a person to leave his estate to his kids, wives and family members. However what should be news is how much the government will take from his estate in death taxes. Doesn’t the government take like 55% off the top plus I’m sure the state of New York will extract its pound of flesh.
Who will get this place in the will? Paully? Sil may be dead, Christopher and Bobby are dead, and Uncle Junior is in the loony bin.