How Wal-Mart’s Waltons maintain their billionaire fortune
date:Sep 18, 2013
nto a pair of grantor retained annuity trusts, or GRATs, to benefit her daughters, Ann and Nancy.

Audrey Walton is the ex-wife of James L. Bud Walton, Sams younger brother and a co-founder of the retail chain. Sams children know her as Aunt Audie. A resident of tiny Versailles, Missouri, Audrey Walton, 89, has been a major supporter of the University of Central Missouri, where the Mules play in the Audrey J. Walton Stadium.

The difference between the GRAT and the Jackie O. trust is that the GR
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