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I never thought they would, but it comes up here now and again - wouldn't it be great if Mars sold to Berkshire?
Well, in looking at how wealthy families avoid estate tax I came across this:
The Mars Family Secret: How Staying Private Saved Them Billions in Taxes
linkedin.com - Mars family secret how staying private saved them billions bedrickWhen Forrest Mars Jr. died in 2016 with a $25 billion fortune, something remarkable happened. The Mars family apparently avoided estate tax on that entire $25 billion. How is that even possible? The answer reveals a masterclass in wealth preservation that every entrepreneur should understand.
The Mars family, with a combined net worth approaching $126 billion, ranks as America's third-richest family dynasty. But unlike the tech billionaires making headlines, they've built this fortune quietly, methodically, and most importantly—privately.Grantor retained annuity trusts (GRATs):
journalofaccountancy.com - Wealth transfer grantor retained annuity trusts