At first glance, the media reports that Estee Lauder's children were selling stock to raise $550 million for taxes, seem shocking. To owe that much in estate taxes means the estate was worth about $1 billion and raises the question of why Lauder, who surely had access to the best legal advice, would die with so many taxable assets. Wouldn't a good advisor have helped her transfer most of that money out of her estate long ago? Her death this April could hardly have been unexpected. After all,
All access premium subscription
Please Log in if you are currently a Trusts & Estates subscriber.
If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.
Questions about your account or how to access content?
Contact: [email protected]
