MOMMIE!
How can you contest the will of a man who is still alive?
MOMMIE!
Interesting history here. Barron Hilton actually contested the will of his Father who was going to put all his money into a Foundation. Barron Hilton prevailed and got control of the hotel chain.
I really don’t care.
How will Paris Hilton survive?
Sex worker, same as now.
“That means granddaughter Paris Hilton, who once stood to inherit $100 million or more by some accounts, could end up with a measly $5 million or so.”
$5 million wouldn’t cover her bar tab. I’m sure the old man’s lawyer is smart enough to insert a clause that provides that anyone who contests the will unsuccessfully gets nothing.
Barron Hilton is worth an estimated $2.3 billion...
0.97 X 2.3 = 2.231
The really important question here is which far-left anti-human gang of eco-freak wingnuts is about to get handed $2.231B to spread their mayhem and suicidal nihilism?
The foundation funds clean water in Africa, education for blind children and housing for the mentally ill.
Here's a real efficient way to get "clean" water in Africa.
This had been posted earlier:
To: Perdogg
This one of the best known super rich scams. It’s called estate planning. A former boss of mine did it. It is designed to avoid paying huge inheritance taxes on transfer of ownership of the corporation.
First you set up a family foundation and name your kids as perpetual trustees with salaries and expense accounts.
Second you donate a billion dollars getting a billion dollar tax deduction.
Third, as a condition of the donation, the foundation has to purchase life insurance that will pay out in excess of what your kids would have gotten after taxes if you had simply left the company to them in the first place.
The benefits are that you get to look like a great guy. You don’t have to pay anymore taxes the rest of your life. Your kids get more than they would have anyway because life insurance isn’t taxed, and they have the salary and expense accounts for the rest of their lives.
Sweet huh?
4 posted on 12/26/2007 6:07:46 PM EST by Soliton
I think that anyone who leaves his money to a bunch of charity vultures instead of his own family is nuts. THis ain’t the Fifties — most people I know on “charity” (read: government handouts of money extorted from taxpayers) don’t deserve the time of day. As bad as she may be, at least Paris is in the bloodline.
Barron fought his father’s will and wind up getting half the money that Conrad wanted to go to charity.
Only 5 million? Supporting her posse costs more than that a year!
HA HA...in the media age....grandparents get to SEE for themselves the outrageous behavior of their progeny.....I’m tempted to send a copy of my niece’s FACEBOOK page to her grandparents....my in laws.....they would not be very happy to hear she is an “atheist” and “very liberal.” Not to mention she’s a spoiled brat who lives in a 2 bedroom condo alone, while going to community college away from her home town, and does NOT WORK.
Maybe the apple didn’t fall that far from the tree.
Maybe Paris went too far in her personal life and the grandad realized that the money wasn’t doing anyone any favors.
He should just spend it all before he goes. You can’t contest what ain’t there.
LMAO... this is called Asset planning, Otherwise the Death Tax would get a Majority of the Wealth. Nothing to see here folks, nothing has changed.
LMAO... this is called Asset planning, Otherwise the Death Tax would get a Majority of the Wealth. Nothing to see here folks, nothing has changed.
If those are his true wishes he should start getting rid of it while he’s alive.