Detailed text transcripts for TV channel - CNN - 20181003:00:31:00
Empire to his children in 1995 to 1997. all of that happened secretly, was never announced. they managed to -- >> transferring it before he died. >> before he passed away, yes. >> to avoid estate taxes. >> right. so they did that through a trust. and they were -- managed to get a valuation of those properties knocked all the way down to $41 million using a variety of mechanisms. other discounting methods that tax authorities or experts told us were dubious. in doing so, they paid almost no -- a ...
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