Trusts as a form of succession planning: Lessons from the Murdoch family trust
Posted by kerry.harding
Tughans Solicitors
Rupert Murdoch, 93 year old billionaire, whose holdings include huge media outlets Fox News, The Wall Street Journal and the New York Post among others, has been attempting to alter a family trust created by him in circa 1999. Like many business-minded parents, Mr Murdoch underwent a succession planning exercise, involving his four children…