Succession plan in place for New Orleans Saints and Pelicans to remain with Tom Benson's family

WhoDat!656 · 03-29-2014, 07:25 PM

Succession plan in place for New Orleans Saints and Pelicans to remain with Tom Benson's family | NOLA.com

SmashMouth · 03-29-2014, 07:52 PM

It's called a Living Trust. If you have a certain amount of assets, as Mr. Benson does, it's the only way to not get raped by the death tax.

NewDeal · 03-29-2014, 08:30 PM

So I guess they are giving it to his daughter. I don't know enough about the family to know if this is a good thing, but I think I heard someone say that he has been grooming her to take over? Sounds like a good thing if so.

Danno · 03-29-2014, 08:36 PM

Adopted Granddaughter, but every bit as close as blood.

TheOak · 03-30-2014, 06:48 AM

Anyone with more knowledge of the rest of the league know if a family member succeeding a fallen NFL owner turned out well?

There is a hell of a lot of wisdom in Benson's years, notably his decision to not interfere. Successors usually come in with the mind that they saw problems for years and now have a change to fix them and make things "better".... Like moving the team. Rarely works out for the better.

In split inherited ownership someone always wants to cash out.

Live long and prosper Tom. I foresee your loss being bigger than Payton, Loomis, or Brees.

hagan714 · 03-30-2014, 09:39 AM

The Saints' heir apparent are Renee Benson their adopted daughter and her children Rita Benson LeBlanc and Ryan LeBlanc

that would have been better wording.

03-29-2014, 07:25 PM	#1
WhoDat!656 10000 POST CLUB Join Date: Nov 2010 Location: Shreveport,Louisiana Posts: 16,001	Succession plan in place for New Orleans Saints and Pelicans to remain with Tom Benson's family Succession plan in place for New Orleans Saints and Pelicans to remain with Tom Benson's family \| NOLA.com

03-29-2014, 07:52 PM	#2
SmashMouth I donated, did you? Join Date: Sep 2007 Location: Mandeville, LA Posts: 36,958 Blog Entries: 29	Re: Succession plan in place for New Orleans Saints and Pelicans to remain with Tom Benson's family It's called a Living Trust. If you have a certain amount of assets, as Mr. Benson does, it's the only way to not get raped by the death tax.

03-29-2014, 08:30 PM	#3
NewDeal Registered Join Date: Jan 2014 Posts: 59	Re: Succession plan in place for New Orleans Saints and Pelicans to remain with Tom Benson's family So I guess they are giving it to his daughter. I don't know enough about the family to know if this is a good thing, but I think I heard someone say that he has been grooming her to take over? Sounds like a good thing if so.
NewDeal Registered Join Date: Jan 2014 Posts: 59

03-29-2014, 08:36 PM	#4
Danno Site Donor 2014 Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,640	Re: Succession plan in place for New Orleans Saints and Pelicans to remain with Tom Benson's family Adopted Granddaughter, but every bit as close as blood.

03-30-2014, 06:48 AM	#5
TheOak 10000 POST CLUB Join Date: Dec 2009 Location: Cypress Tx. Posts: 18,978	Succession plan in place for New Orleans Saints and Pelicans to remain with T... Anyone with more knowledge of the rest of the league know if a family member succeeding a fallen NFL owner turned out well? There is a hell of a lot of wisdom in Benson's years, notably his decision to not interfere. Successors usually come in with the mind that they saw problems for years and now have a change to fix them and make things "better".... Like moving the team. Rarely works out for the better. In split inherited ownership someone always wants to cash out. Live long and prosper Tom. I foresee your loss being bigger than Payton, Loomis, or Brees.
	It's not what you look at that matters, it's what you see. ~ Henry David Thoreau

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03-30-2014, 09:39 AM	#6
hagan714 LB Mentallity Join Date: Dec 2005 Posts: 15,870 Blog Entries: 68	Re: Succession plan in place for New Orleans Saints and Pelicans to remain with Tom Benson's family The Saints' heir apparent are Renee Benson their adopted daughter and her children Rita Benson LeBlanc and Ryan LeBlanc that would have been better wording.
	Last edited by hagan714; 03-30-2014 at 09:42 AM..

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