date:Sep 18, 2013
bers.
Bike shop
Helen Walton funded her first Jackie O. trusts not with Wal-Mart stock, the familys biggest asset, but with a stake in Walton Enterprises LLC, the family office upstairs from the bike shop. That may have allowed her to exploit another loophole in the tax code one that lets the wealthy discount the value of their fortunes by 30 percent or more.
Walton Enterprises is essentially a vehicle for holding the familys Wal-Mart stock. Individuals can claim that the value of a stake in