James Gandolfini's estate to encounter huge tax hit

It was reported a few days ago that James Gandolfini was worth $70 million. The will showed who would get what percentage of money, with his 13 year old son getting the majority of the money and other things.

It turns out the government will be getting a lot more money than everybody else in this whole ordeal.

It is being reported that Gandolfini's estate might take a $30 million tax hit, which is a little less than half of his estates total worth.

A lawyer on the case reviewed Gandolfini's documents and said that roughly 80 percent of the estate is subject to death taxes, and added that "The government doesn't accept the fact that it's difficult to come up with the money you owe, it's a catastrophe," reports foxnews Foxnews

While the exact figure is not known on how much the Gandolfini family will have to pay in taxes, it is know that they will have exactly nine months to do so reports extertainmentwise. entertainmentwise.

We will have to wait and see what the exact figure is for the Gandolfini estate and update any new findings in this case.

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