Delayed inheritance

[Phidippides]

A wealthy baron who made his living in timber died with a large estate in 1919, but it is only being handed over to its recipients now.

Now that it's 21 years since the death of the last grandchild, the fortune is finally being turned over to Cameron and 11 others, including three great-grandchildren, seven great-great grandchildren and another great-great-great grandchild. The fortune is valued at more than $100 million. (She'll get a little more than $2.6 million, since those further up the family tree get more under a master agreement).

Shutting Out the Kids from the Family Fortune

[scout1067]

I think it is hilarious

[Phidippides]

Here's a follow up.  Apparently some of the people in the family tree tried to get at the cash over the decades.  Really interesting.

http://today.msnbc.msn.com/id/43098220/ns/today-today_people/t/after-years-millionaire-misers-heirs-finally-split-m?GT1=43001

[scout1067]

How about this for a strange case?

http://today.msnbc.msn.com/id/39006900/ns/today-today_people/t/huguette-clark-reclusive-copper-heiress-dies/?ns=business-local_business

[Phidippides]

I think the government will get a nice chunk of her cash, will it not?  But yeah, it is a curious case as well.

[scout1067]

Yeah, I think the estate tax came back this and is something retarded like 50% on inheritances above a certain level.