A time to be born, a time to die

And boy did billionaire George Steinbrenner pick the right time. To die, that is. "If he had died last year, the executors of George’s estate could have faced federal estate taxes of almost $500 million, depending on how the estate was structured," writes Robert J. Kolasa in the latest issue of ISBA's Trusts and Estates newsletter. But he died this year, which means his estate owed nada. Bupkes. How did this happen, you ask? Robert explains.