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Where did Hughes money go in 168 million appraisal
A Texas and Nevada probate appraisal after Howard Hughes death valued his holdings at about 168.8 million, stirring questions about the fate of his real estate, airline, and other assets. Merrill Lynch estimates of Summa Corp and Hughes holdings imply potential debits for damages suits, complicating the true worth and tax implications. The piece analyzes possible asset disposition, tax consequences, and probate outcomes without a will, noting inheritance tax effects and asset sales possibilities.
MENTIONED IN THIS ARTICLE
San Francisco
Texas
Nevada
Howard R. Hughes
Mts
Allughes
Merrill Lynch
Mbert
Fitzgibbons TU
Merrill Lench
Delaware
Fitzgibbons
Summa Corp
Hughes
Summa
Air West
IRS
The
Revenue Service
Hughes Tool Co
Houston
Howard Hughes