Posts Tagged ‘trusts’
Abigail Disney: Government Taking
on Friday, July 16, 2021Abigail Disney Money Quote saying the Disney family trusts were structured to keep the government from taking any of the funds. Abigail Disney said:
“My grandfather Roy O. Disney, who co-founded the Walt Disney Company with his brother Walt, was a fervent believer in this idea. He was so determined to prevent the government from taking any of the money he wanted to leave to his family that he created generation-skipping trusts to end-run the IRS. What he did back then was so effective that most of it is illegal today” — Abigail Disney
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