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Business: Cook couple passed $6 billion fortune to son to avoid taxSource: Bloomberg

Bill and Gayle Cook, the co-founders of medical-device maker Cook Group, passed ownership of the company to their son, Carl, to avoid estate taxes prior to Bill Cook’s death in 2011, according to a biography of the patriarch.

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Peter_Puck June 19, 2014 12:31 pm

Can they do that?

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