
"Will Donovan object?"
"He's not the one I'm concerned about. The 1965 will gives him voting control of the family business so he winds up sitting in the catbird seat regardless. Bennet's the one making noises about filing an objection, but he really has no proof the later will exists. This could all be for naught in any case. If Guy Malek was hit by a truck or died of an overdose years ago, then there's no problem-as long as he doesn't have any kids of his own."
"Gets complicated," I said. "How much money are we talking about?"
"We're still working on that. The estate is currently assessed at about forty million bucks. The government's entitled to a big chunk, of course. The estate tax rate is fifty to fifty-five percent. Fortunately, thanks to Bader, the company has very little debt, so Donovan will have some ability to borrow. Also, the estate can defer payment of estate taxes under Internal Revenue Service code section 6166, since Malek Construction, as a closely held company, represents more than thirty-five percent of the adjusted gross estate. We'll probably look for appraisers who'll come up with a low value and then hope the IRS doesn't argue too hard for a higher value on audit. To answer your question, the boys will probably take home five million bucks apiece. Guy's a very lucky fellow."
"Only nobody knows where he is," I said.
Tasha pointed at me. "That's correct."
I thought about it briefly. "It must have come as a shock to the brothers to find out Guy stands to inherit an equal share of the estate."
Tasha shrugged. "I've only had occasion to chat with Donovan and he seems sanguine at this point. He'll be acting as administrator. On Friday, I'm submitting the will to the probate court. In essence, all that does is place the will on record. Donovan's asked me not to file the petition for another week or so in deference to Bennet, who's still convinced the later will will surface. In the meantime, it makes sense to see if we can determine Guy Malek's whereabouts. I thought we'd hire you to do the search, if you're interested."
