Ganis noted that the late Lamar Hunt planned his estate years in advance and had assets in addition to the Kansas City Chiefs when he transferred 80 percent of ownership to his daughter and three sons in 1997. Hunt paid a gift tax equal to estate tax - then 55 percent - based on the value of his team, which was $188 million at the time but is now worth four times as much.
Estate tax threatens NFL's old guard of owners - Pittsburgh Tribune-Review
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