VHTrading » Topic: Ralph Wilson owner of Buffalo Bills Died http://www.vhtrading.com/topic/ralph-wilson-owner-of-buffalo-bills-died/feed http://bbpress.org/?v=2.0 en http://www.vhtrading.com/topic/ralph-wilson-owner-of-buffalo-bills-died/#post-34314<![CDATA[Ralph Wilson owner of Buffalo Bills Died]]>http://www.vhtrading.com/topic/ralph-wilson-owner-of-buffalo-bills-died/#post-34314 Tue, 25 Mar 2014 19:51:17 +0000 kaloway

So the owner of the Bills just died (I am a Buffalo resident) at the ripe age of 95.
Watch the sports news for a very amusing story on the future of the Bills in Buffalo….
Too expensive to inherit, the kids don’t want it, people can’t afford it to move it…

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]]> http://www.vhtrading.com/topic/ralph-wilson-owner-of-buffalo-bills-died/#post-34315<![CDATA[Reply To: Ralph Wilson owner of Buffalo Bills Died]]>http://www.vhtrading.com/topic/ralph-wilson-owner-of-buffalo-bills-died/#post-34315 Tue, 25 Mar 2014 20:17:41 +0000 guitard

kaloway: Too expensive to inherit

Almost happened to the family of George Steinbrenner in 2010 when he died … but they got lucky.

Because of a loophole in the 2010 estate tax law, the Steinbrenner family saved around $500 million in taxes after he died. If he had died in 2009 or 2011, his family would have been subject to a more than a 50 percent federal tax on their inheritance – estimated by Forbes at $1.15 billion. And this made it possible for them to keep the team.

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