Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / estate-planning-strategy-memorandum.docx
estate-planning-strategy-memorandum.docx
Parties
HARKNESS LLP
Caldwell Ridgeline Capital LLC
Stonecrest Realty Holdings LLC
Havensbrook Wealth Advisors LLC
M. Hartfield
Strathmore Corp
Greaves LLP
Ashford Valuation Group LLC
Dates
March 15, 2023
February 28, 2023
October 3, 2010
February 6, 2023
April 1, 2023
April 15, 2023
April 15, 2024
April 15, 2025
May 1, 2023
May 1, 2024
Amounts
$2.1
$300,000,000
$18,000,000
$178,000,000
$5,000,000
$10,000,000
$15,000,000
$117,532,000
$24,000,000
$30,000,000
Obligations
The valuation discount enhances transfer efficiency by reducing the gift-tax-reportable value of the contributed interests — the annuity payments are calibrated against the discounted value of $60,000,000 rather than the undiscounted value of $80,000,000, effectively lowering the hurdle that the assets must clear to produce excess appreciation
Caldwell is the income beneficiary during her lifetime; all net income of the marital trust must be distributed to her at least annually • Mrs
Caldwell individually at his death that are not otherwise disposed of through beneficiary designations, joint tenancy, or trust ownership — shall pass to the Caldwell Revocable Trust (as amended and restated)