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To: Kozy
The Clippers are owned by the Sterling Trust, Sterling, his wife and two children.

I wondered about a trust. That would protect against probate, death tax and capital gains. The wife could have the husband removed as a trustee or declared incompetent.

85 posted on 05/04/2014 9:30:57 PM PDT by Mike Darancette (Do The Math)
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To: Mike Darancette
Sterling will wrap this up in the law courts for years after he is gone.

If that trust is set up correctly, the NBA will have its hands full trying to penetrate the trust to get the benefactors, the wife and the children, to sell

89 posted on 05/04/2014 11:11:14 PM PDT by Kozy
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