Jobs’ Transferred Three Properties Into Trusts Prior to Death

In 2009, Steve Jobs and his wife transfered at least three properties into trusts. Some have speculated that the reason for the transfers was to ensure that Jobs’ assets were not disclosed following his death.

It is not clear whether Jobs’ transferred any non-real estate assets into trusts. Some of Jobs’ non-real estate assets include his Apple stock and 138 million shares of Disney stock from the sale of Pixar to Disney in 2006. In all, Forbes Magazine estimated Jobs’ total wealth at $7 billion as of September.

See Dan Levine, RPT-Steve Jobs Put Real Estate in Trust in 2009-Records, Reuters, Oct. 7, 2011. S

Special thanks to Peter Parlapiano (attorney, Houston, TX) for bringing this to my attention.