Charity Begins At Home But Should Not End There
I’d like to draw a lesson from this story, but I’m not sure what it is. You can’t set up a not-for-profit to just benefit your own family is one rather obvious one. The really intriguing part to me is the “damages due to poor drafting”. I have to wonder whether somebody forgot about the generation skipping tax or maybe didn’t realize that the nephew and nieces were actually grand nephews and grand nieces. Maybe when the Schaller decision comes out all will be made clear.
Account Of Kent Hovind’s Trial – Timeline
This is a supplement to Jonathan Schwartz Finishes His Account Of Kent Hovind's Trial. Chronology of orders to the defendants Below is a timeline of the events...
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.