Dan Duncan

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US Billionaire Is First to Leave Heirs a Tax-Free Estate

For the wealthy, year-long exemption makes 2010 a good year to die

(Newser) - Texas pipeline tycoon Dan Duncan couldn't have died at a worse time for the taxman—and the best time for his heirs' bank accounts. The philanthropist has become the first billionaire in American history to leave behind an estate untouched by taxes, thanks to a 1-year exemption in the estate...

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