The Chicago Bears are a charter member of the National Football League, with ownership maintained by George Halas and later, his daughter, Virginia Halas McCaskey, for over 100 years. Upon Virginia McCaskey’s death last week, NFL onlookers and estate planners have many questions about what it looks like to pass an asset like an NFL franchise onto the next generation. Virginia McCaskey’s estate planning specifics may not be known to the public for some time, but clients of any tax bracket can.
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