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Jackie Kennedy Onassis estate plan shaken by shortfall
New York officials say Jacqueline Kennedy Onassis estate worth far less than the initial 100 million estimate after an auction of personal effects raised 34.5 million. The shortfall undermines a proposed charitable trust the C J Foundation intended to pass assets to grandchildren Caroline Kennedy Schlossberg and John F Kennedy Jr. The IRS audit may tax the auction as estate assets or as the children's capital gains, affecting taxes and potential charitable funding.
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New York
Jacqueline Kennedy Onassis
Jackie
Forthe Magazine
Caroline Kennedy Schlossberg
John F. Kennedy Jr
C & J Foundation
Onassis
New York Times
the Times
IRS
Lion
Caroline
John
Chris McKenna
Dennis Vacco
Alexander Forger