Yes, he will inherit forty percent of Eugene's estate, but he already had money.
Mr. Patterson plans to create a charitable foundation so that "ultimately 50 percent of my estate will go to education."
"They offered fifty percent of my son's estate if I didn't force this court hearing and just gave them Pearl."
But the industry owns less than 2 percent of the nation's commercial real estate.
Today, 40 percent of the city's real estate is tax exempt, owned by nonprofit churches, universities and hospitals.
The last will and testament was made in 2005 and left seventy-five percent of her estate, about $300 million, to charity.
Some 25 percent of Portland's real estate is tax-exempt and most organizations pay nothing.
Tax-exempt institutions make up 45 percent of New Haven's real estate, which increases taxes on other property.
As of June 30, 2008, about 83 percent, or $7.7 billion, of its real estate loans were held by subprime borrowers.
One percent of his estate would be around a hundred million.