New York Post: “If Fritz Lohman had only known, he would have waited another 13 hours to kick the bucket. Lohman, 87, a SoHo real-estate magnate who pioneered the exhibition of gay art, died at home at about 11 a.m. on New Year’s Eve after a long illness. If he had instead passed away after midnight Jan.1, his partner of 48 years could have avoided paying at least $3 million in estate taxes — thanks to Congress letting that levy lapse for 2010. ‘He would probably say, ‘Why didn’t they tell me? I could have waited another day,’ ‘ said Charles Leslie, 76, Lohman’s business and life partner — and the sole beneficiary to his $10 million estate.”
Dying 13 hrs. Too Soon Cost $3 Million in Estate Taxes
By On the Net|2017-10-07T11:19:26-07:00January 13th, 2010|
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