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Onassis Finances Alarm Future Income Shortfall
MONEY Magazine reports Jacqueline Kennedy Onassis may face a deficit after taxes of about 241000 next year as her late husband's will takes effect. It details potential income from a tax exempt trust and Onassis will, plus 570000 annual trust income, and outlines assets including jewelry worth 7 million and a 25 percent yacht share valued at 6.25 million. The article discusses tax strategies, possible art sales, and options to convert jewelry and art into tax exempt investments to cover expenses.
MENTIONED IN THIS ARTICLE
Chicago
Jacqueline Kennedy Onassis
Money Magazine
Red
Peter Bird Martin
Onassis
MONEY